Janus Henderson Group PLC Sells 20,000 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Janus Henderson Group PLC lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 53.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,603 shares of the company's stock after selling 20,000 shares during the period. Janus Henderson Group PLC's holdings in Take-Two Interactive Software were worth $2,705,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TTWO. Crewe Advisors LLC lifted its stake in Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company's stock worth $30,000 after purchasing an additional 143 shares during the period. UMB Bank n.a. raised its position in shares of Take-Two Interactive Software by 155.1% during the second quarter. UMB Bank n.a. now owns 199 shares of the company's stock worth $31,000 after acquiring an additional 121 shares during the last quarter. Truvestments Capital LLC bought a new stake in Take-Two Interactive Software during the 3rd quarter worth about $31,000. Blue Trust Inc. raised its stake in shares of Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company's stock worth $36,000 after buying an additional 193 shares during the last quarter. Finally, HHM Wealth Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at $37,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO traded down $0.82 during trading hours on Thursday, reaching $189.64. 796,924 shares of the company were exchanged, compared to its average volume of 1,592,605. The business has a 50 day moving average of $172.42 and a 200 day moving average of $160.28. The company has a market capitalization of $33.31 billion, a P/E ratio of -8.96, a P/E/G ratio of 5.89 and a beta of 0.88. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $191.91.

Insider Activity at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the transaction, the insider now directly owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company's stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the transaction, the director now owns 9,692 shares of the company's stock, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on TTWO shares. Wedbush restated an "outperform" rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a report on Monday. Bank of America reissued a "buy" rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. Roth Mkm boosted their price objective on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. Stifel Nicolaus upped their target price on Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a "buy" rating in a report on Thursday, September 5th. Finally, StockNews.com upgraded shares of Take-Two Interactive Software from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. Three investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $195.50.

About Take-Two Interactive Software

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.