BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Has $4.26 Million Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp cut its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 10.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,742 shares of the company's stock after selling 3,335 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp's holdings in Take-Two Interactive Software were worth $4,264,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of TTWO. Crewe Advisors LLC grew its stake in shares of 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 acquiring an additional 143 shares in the last quarter. UMB Bank n.a. grew its stake in Take-Two Interactive Software by 155.1% during the second quarter. UMB Bank n.a. now owns 199 shares of the company's stock worth $31,000 after buying an additional 121 shares in the last quarter. Truvestments Capital LLC acquired a new stake in Take-Two Interactive Software during the third quarter worth about $31,000. Blue Trust Inc. grew its stake in Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company's stock worth $36,000 after buying an additional 193 shares in the last quarter. Finally, HHM Wealth Advisors LLC acquired a new stake in Take-Two Interactive Software during the second quarter worth about $37,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Bank of America reiterated a "buy" rating and set a $185.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Wedbush reissued an "outperform" rating and issued a $190.00 target price on shares of Take-Two Interactive Software in a report on Thursday, November 7th. BMO Capital Markets increased their target price on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. Robert W. Baird increased 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 report on Thursday, November 7th. Finally, Benchmark increased their target price on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a "buy" rating in a report on Wednesday, August 21st. Two investment 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $191.75.

Insiders Place Their Bets

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm's stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, the director now owns 9,692 shares of the company's stock, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Daniel P. Emerson sold 777 shares of the firm's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now directly 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 disclosure for this sale can be found here. Company insiders own 1.45% of the company's stock.

Take-Two Interactive Software Trading Up 0.1 %

Take-Two Interactive Software stock traded up $0.14 during mid-day trading on Wednesday, hitting $188.20. 1,431,397 shares of the stock were exchanged, compared to its average volume of 1,597,806. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $190.43. The firm's fifty day simple moving average is $167.17 and its two-hundred day simple moving average is $158.58. The stock has a market capitalization of $33.05 billion, a price-to-earnings ratio of -8.89, a PEG ratio of 5.66 and a beta of 0.89.

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.