Truist Financial Corp Sells 9,446 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Truist Financial Corp decreased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 101,425 shares of the company’s stock after selling 9,446 shares during the quarter. Truist Financial Corp owned 0.06% of Take-Two Interactive Software worth $18,670,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Fifth Third Bancorp grew its holdings in shares of Take-Two Interactive Software by 0.3% during the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock valued at $3,157,000 after purchasing an additional 57 shares during the last quarter. Principal Securities Inc. grew its holdings in shares of Take-Two Interactive Software by 6.0% during the 4th quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock valued at $189,000 after purchasing an additional 58 shares during the last quarter. Y.D. More Investments Ltd grew its holdings in Take-Two Interactive Software by 2.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock worth $563,000 after acquiring an additional 61 shares during the last quarter. Hartford Investment Management Co. grew its holdings in Take-Two Interactive Software by 0.7% during the 3rd quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock worth $1,576,000 after acquiring an additional 74 shares during the last quarter. Finally, Huntington National Bank grew its holdings in Take-Two Interactive Software by 9.3% during the 3rd quarter. Huntington National Bank now owns 896 shares of the company’s stock worth $138,000 after acquiring an additional 76 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Down 0.6 %

Take-Two Interactive Software stock opened at $215.18 on Thursday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $218.75. The firm’s fifty day moving average is $189.60 and its 200 day moving average is $172.09. The company has a market capitalization of $37.98 billion, a PE ratio of -10.09, a PEG ratio of 6.52 and a beta of 0.89.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction 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 transaction, the insider now owns 149,379 shares in the company, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.45% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on TTWO shares. DA Davidson started coverage on shares of Take-Two Interactive Software in a report on Tuesday. They set a “buy” rating and a $250.00 target price on the stock. TD Cowen boosted their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Robert W. Baird boosted 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. JPMorgan Chase & Co. boosted their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Finally, Wedbush reissued an “outperform” rating and set a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $210.55.

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.