Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Generali Investments Towarzystwo Funduszy Inwestycyjnych

Generali Investments Towarzystwo Funduszy Inwestycyjnych lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 16.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,611 shares of the company’s stock after selling 3,650 shares during the period. Take-Two Interactive Software comprises approximately 2.0% of Generali Investments Towarzystwo Funduszy Inwestycyjnych’s investment portfolio, making the stock its 11th largest holding. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in Take-Two Interactive Software were worth $3,426,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of TTWO. Blue Trust Inc. boosted its position in Take-Two Interactive Software by 109.6% in the 3rd quarter. Blue Trust Inc. now owns 503 shares of the company’s stock worth $78,000 after purchasing an additional 263 shares in the last quarter. International Assets Investment Management LLC boosted its position in Take-Two Interactive Software by 15,111.2% in the 3rd quarter. International Assets Investment Management LLC now owns 73,166 shares of the company’s stock worth $11,246,000 after purchasing an additional 72,685 shares in the last quarter. Allworth Financial LP boosted its position in Take-Two Interactive Software by 18.3% in the 3rd quarter. Allworth Financial LP now owns 933 shares of the company’s stock worth $143,000 after purchasing an additional 144 shares in the last quarter. State of Alaska Department of Revenue boosted its position in Take-Two Interactive Software by 9.7% in the 3rd quarter. State of Alaska Department of Revenue now owns 18,941 shares of the company’s stock worth $2,911,000 after purchasing an additional 1,675 shares in the last quarter. Finally, abrdn plc boosted its position in Take-Two Interactive Software by 16.4% in the 3rd quarter. abrdn plc now owns 55,847 shares of the company’s stock worth $8,514,000 after purchasing an additional 7,864 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 0.4 %

Shares of TTWO stock opened at $208.21 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75. The company’s 50-day moving average price is $192.66 and its 200-day moving average price is $174.82. The stock has a market cap of $36.75 billion, a price-to-earnings ratio of -9.76, a PEG ratio of 6.83 and a beta of 0.89.

Analyst Ratings Changes

TTWO has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Oppenheimer increased their target price on 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. Citigroup increased their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. StockNews.com lowered Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Finally, Moffett Nathanson increased their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $210.55.

Insiders Place Their Bets

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the transaction, the insider now directly owns 149,379 shares in the company, valued at $28,029,475.56. The trade was a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.45% of the stock is owned by insiders.

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.