State of New Jersey Common Pension Fund D Grows Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

State of New Jersey Common Pension Fund D raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 61,966 shares of the company's stock after buying an additional 2,244 shares during the period. State of New Jersey Common Pension Fund D's holdings in Take-Two Interactive Software were worth $11,407,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. State Street Corp grew its position in shares of Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company's stock valued at $1,675,241,000 after purchasing an additional 880,816 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Take-Two Interactive Software by 13.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company's stock valued at $828,994,000 after purchasing an additional 648,982 shares during the last quarter. Assenagon Asset Management S.A. grew its position in shares of Take-Two Interactive Software by 1,780.1% in the third quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company's stock valued at $70,807,000 after purchasing an additional 436,150 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position 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 valued at $651,817,000 after purchasing an additional 417,325 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Take-Two Interactive Software by 3.5% in the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company's stock valued at $614,511,000 after purchasing an additional 134,767 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Daniel P. Emerson sold 777 shares of the firm's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the transaction, the insider now owns 149,379 shares of the company's stock, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.45% of the company's stock.

Take-Two Interactive Software Trading Down 1.7 %

Shares of TTWO stock traded down $3.59 during mid-day trading on Friday, reaching $211.65. The company's stock had a trading volume of 1,438,824 shares, compared to its average volume of 1,817,933. The company's 50 day simple moving average is $190.64 and its 200-day simple moving average is $172.89. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $218.75. 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 $37.36 billion, a PE ratio of -9.92, a price-to-earnings-growth ratio of 6.82 and a beta of 0.89.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Oppenheimer raised their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 21st. Moffett Nathanson raised their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. Robert W. Baird raised their target price on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. Raymond James restated an "outperform" rating and set a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, Morgan Stanley raised their target price on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $210.55.

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.