Public Employees Retirement System of Ohio Lowers Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Public Employees Retirement System of Ohio cut its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 62,629 shares of the company’s stock after selling 1,357 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Take-Two Interactive Software were worth $9,627,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TTWO. Itau Unibanco Holding S.A. bought a new stake in Take-Two Interactive Software in the third quarter worth about $27,000. Crewe Advisors LLC grew its holdings in Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after purchasing an additional 143 shares during the period. UMB Bank n.a. grew its holdings 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 valued at $31,000 after purchasing an additional 121 shares during the period. Truvestments Capital LLC purchased a new stake in Take-Two Interactive Software in the third quarter worth $31,000. Finally, HHM Wealth Advisors LLC bought a new stake in shares of Take-Two Interactive Software in the second quarter valued at $37,000. 95.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Robert W. Baird lifted their price objective on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Bank of America reiterated a “buy” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a research note on Thursday, August 29th. They set a “buy” rating and a $194.00 price target on the stock. Roth Mkm lifted their price objective on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Finally, StockNews.com raised shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Three research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and an average target price of $196.00.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $189.64 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The stock has a 50-day moving average price of $172.42 and a 200-day moving average price of $160.28. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $191.91.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the transaction, the director now directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Daniel P. Emerson sold 777 shares of the firm’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 approximately $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is currently 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.