Corebridge Financial Inc. Decreases Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Corebridge Financial Inc. trimmed its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 4.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,636 shares of the company's stock after selling 2,378 shares during the quarter. Corebridge Financial Inc.'s holdings in Take-Two Interactive Software were worth $9,505,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TTWO. Wealthfront Advisers LLC increased its stake in shares of Take-Two Interactive Software by 1,630,798.7% in the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares in the last quarter. State Street Corp raised its holdings in Take-Two Interactive Software by 8.8% during the third quarter. State Street Corp now owns 10,899,267 shares of the company's stock valued at $1,675,241,000 after acquiring an additional 880,816 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Take-Two Interactive Software in the fourth quarter valued at about $115,133,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Take-Two Interactive Software by 10.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company's stock worth $651,817,000 after acquiring an additional 417,325 shares during the period. Finally, Amundi grew its position in shares of Take-Two Interactive Software by 74.8% during the fourth quarter. Amundi now owns 741,045 shares of the company's stock worth $136,160,000 after purchasing an additional 317,048 shares in the last quarter. Institutional investors own 95.46% of the company's stock.

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Take-Two Interactive Software Trading Down 1.8 %

TTWO stock traded down $3.82 during trading on Friday, hitting $210.47. The company had a trading volume of 1,439,370 shares, compared to its average volume of 1,595,046. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $37.15 billion, a P/E ratio of -9.87, a PEG ratio of 6.83 and a beta of 0.82. The company has a 50 day simple moving average of $203.24 and a 200-day simple moving average of $182.83. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $220.93.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TTWO. The Goldman Sachs Group upped their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. BMO Capital Markets reissued an "outperform" rating and set a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Citigroup lifted their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. Oppenheimer upped their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a report on Tuesday, January 21st. Finally, Wedbush reissued an "outperform" rating and issued a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $213.38.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.