Eagle Asset Management Inc. Sells 33,955 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Eagle Asset Management Inc. cut its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 8.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 362,683 shares of the company's stock after selling 33,955 shares during the quarter. Eagle Asset Management Inc. owned 0.21% of Take-Two Interactive Software worth $55,748,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Crewe Advisors LLC lifted its position in Take-Two Interactive Software by 297.9% in the second quarter. Crewe Advisors LLC now owns 191 shares of the company's stock valued at $30,000 after purchasing an additional 143 shares during the last quarter. UMB Bank n.a. raised its holdings in Take-Two Interactive Software by 155.1% during the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company's stock valued at $31,000 after buying an additional 121 shares during the last quarter. Blue Trust Inc. boosted its position in Take-Two Interactive Software by 410.6% during the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company's stock valued at $36,000 after buying an additional 193 shares during the period. HHM Wealth Advisors LLC bought a new stake in Take-Two Interactive Software in the 2nd quarter worth $37,000. Finally, BOKF NA increased its position in shares of Take-Two Interactive Software by 466.7% in the first quarter. BOKF NA now owns 272 shares of the company's stock valued at $41,000 after acquiring an additional 224 shares during the period. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Up 0.8 %

TTWO stock traded up $1.57 on Friday, reaching $188.15. 1,081,972 shares of the company traded hands, compared to its average volume of 1,643,368. The firm has a fifty day simple moving average of $162.18 and a 200-day simple moving average of $156.42. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $188.45. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a report on Monday, August 12th. Morgan Stanley increased their price objective on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, November 7th. UBS Group boosted their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a "neutral" rating in a research note on Thursday, November 7th. HSBC raised Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 price target for the company in a research note on Monday, August 12th. Finally, Benchmark boosted their price objective on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a "buy" rating in a research report on Wednesday, August 21st. Two analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $191.75.

Insider Activity at Take-Two Interactive Software

In other news, 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 directly owns 9,692 shares of the company's stock, valued at $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.45% of the stock is currently owned by insiders.

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.