Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Legal & General Group Plc

Legal & General Group Plc lowered its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 20.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 848,745 shares of the company's stock after selling 221,227 shares during the quarter. Legal & General Group Plc owned 0.48% of Take-Two Interactive Software worth $156,237,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Davis R M Inc. lifted its stake in Take-Two Interactive Software by 4.9% in the 4th quarter. Davis R M Inc. now owns 229,426 shares of the company's stock valued at $42,233,000 after buying an additional 10,701 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new position in shares of Take-Two Interactive Software in the fourth quarter valued at approximately $1,442,000. Fiduciary Alliance LLC acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter worth approximately $734,000. Legacy Trust increased its position in shares of Take-Two Interactive Software by 8.9% during the fourth quarter. Legacy Trust now owns 25,772 shares of the company's stock worth $4,744,000 after purchasing an additional 2,115 shares in the last quarter. Finally, Summit Place Financial Advisors LLC acquired a new position in Take-Two Interactive Software in the 4th quarter valued at $748,000. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

Shares of TTWO stock traded up $1.58 during mid-day trading on Tuesday, reaching $214.53. The stock had a trading volume of 330,324 shares, compared to its average volume of 1,634,360. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $220.93. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The business has a 50-day simple moving average of $208.08 and a 200 day simple moving average of $187.67. The company has a market cap of $37.86 billion, a P/E ratio of -10.06, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01.

Remove Ads

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on TTWO shares. Oppenheimer increased their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research report on Tuesday, January 21st. Raymond James reiterated an "outperform" rating and issued a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Moffett Nathanson boosted their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. The Goldman Sachs Group upped their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Finally, DA Davidson assumed coverage on Take-Two Interactive Software in a research report on Tuesday, February 18th. They set a "buy" rating and a $250.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and an average price target 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.