Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund lessened its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 16.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 97,682 shares of the company's stock after selling 19,800 shares during the period. New York State Common Retirement Fund owned about 0.06% of Take-Two Interactive Software worth $15,015,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Stephens Inc. AR boosted its holdings in Take-Two Interactive Software by 5.0% in the 3rd quarter. Stephens Inc. AR now owns 4,937 shares of the company's stock valued at $759,000 after purchasing an additional 236 shares during the period. Stephens Investment Management Group LLC raised its position in Take-Two Interactive Software by 2.5% in the 3rd quarter. Stephens Investment Management Group LLC now owns 547,911 shares of the company's stock worth $84,219,000 after purchasing an additional 13,353 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. boosted its holdings in Take-Two Interactive Software by 0.7% during the 3rd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 31,569 shares of the company's stock valued at $4,852,000 after acquiring an additional 205 shares during the period. United Asset Strategies Inc. grew its holdings in shares of Take-Two Interactive Software by 2.4% in the third quarter. United Asset Strategies Inc. now owns 10,116 shares of the company's stock worth $1,555,000 after purchasing an additional 239 shares during the last quarter. Finally, US Bancorp DE increased its position in shares of Take-Two Interactive Software by 4.4% in the third quarter. US Bancorp DE now owns 33,389 shares of the company's stock valued at $5,132,000 after acquiring an additional 1,394 shares during the period. Institutional investors own 95.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TTWO. Benchmark lifted their price objective on 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. Wedbush reiterated an "outperform" rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. Jefferies Financial Group lifted their target price on Take-Two Interactive Software from $175.00 to $185.00 and gave the company a "buy" rating in a research report on Thursday, July 11th. HSBC upgraded Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 price objective on the stock in a research report on Monday, August 12th. Finally, BMO Capital Markets reiterated an "outperform" rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, July 30th. One equities research analyst has rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $187.21.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock traded up $2.59 during trading hours on Wednesday, hitting $166.62. 3,086,987 shares of the company were exchanged, compared to its average volume of 1,604,186. Take-Two Interactive Software, Inc. has a 1 year low of $135.00 and a 1 year high of $171.59. The stock has a market capitalization of $29.21 billion, a price-to-earnings ratio of -7.36, a P/E/G ratio of 4.98 and a beta of 0.85. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51. The business has a 50-day moving average of $155.90 and a 200-day moving average of $153.17.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.09. Take-Two Interactive Software had a positive return on equity of 1.74% and a negative net margin of 70.33%. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.24 billion. As a group, analysts expect that Take-Two Interactive Software, Inc. will post 1.01 EPS for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction on Monday, August 19th. The stock was sold at an average price of $149.83, for a total value of $28,617.53. Following the transaction, the director now owns 64,378 shares in the company, valued at approximately $9,645,755.74. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.45% of the stock is owned by company insiders.

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.