TimesSquare Capital Management LLC Has $34.06 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

TimesSquare Capital Management LLC lowered its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 5.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 185,014 shares of the company's stock after selling 11,171 shares during the period. TimesSquare Capital Management LLC owned 0.11% of Take-Two Interactive Software worth $34,057,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of TTWO. State Street Corp increased its position in shares of Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company's stock worth $1,675,241,000 after purchasing an additional 880,816 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Take-Two Interactive Software by 13.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company's stock worth $828,994,000 after purchasing an additional 648,982 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Take-Two Interactive Software by 1,780.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company's stock worth $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 increased its position in shares of Take-Two Interactive Software by 10.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company's stock worth $651,817,000 after purchasing an additional 417,325 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Take-Two Interactive Software by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company's stock worth $614,511,000 after purchasing an additional 134,767 shares during the last quarter. Institutional investors own 95.46% of the company's stock.

Insider Transactions at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the 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 sale, the insider now directly owns 149,379 shares of the company's stock, valued at $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.45% of the company's stock.

Analysts Set New Price Targets

TTWO has been the subject of several research analyst reports. Raymond James reissued an "outperform" rating and issued 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. StockNews.com downgraded shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. Robert W. Baird boosted their price objective on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Finally, Oppenheimer boosted their price objective 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. One investment analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $210.55.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO traded down $3.59 during trading on Friday, reaching $211.65. The company had a trading volume of 1,438,824 shares, compared to its average volume of 1,817,933. The firm's fifty day moving average is $190.64 and its 200 day moving average is $172.89. 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. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

Take-Two Interactive Software 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.