Exchange Traded Concepts LLC Sells 9,913 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Exchange Traded Concepts LLC trimmed its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 16.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,060 shares of the company’s stock after selling 9,913 shares during the period. Exchange Traded Concepts LLC’s holdings in Take-Two Interactive Software were worth $9,399,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Public Sector Pension Investment Board grew its holdings in shares of Take-Two Interactive Software by 174.2% during the 2nd quarter. Public Sector Pension Investment Board now owns 5,619 shares of the company’s stock worth $874,000 after purchasing an additional 3,570 shares in the last quarter. Marshall Wace LLP grew its stake in Take-Two Interactive Software by 35.1% during the second quarter. Marshall Wace LLP now owns 180,732 shares of the company’s stock worth $28,102,000 after buying an additional 46,920 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in Take-Two Interactive Software by 53.1% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 31,077 shares of the company’s stock worth $4,832,000 after buying an additional 10,772 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in Take-Two Interactive Software in the 2nd quarter valued at about $154,000. Finally, AQR Capital Management LLC raised its position in shares of Take-Two Interactive Software by 5.9% in the 2nd quarter. AQR Capital Management LLC now owns 19,265 shares of the company’s stock valued at $2,996,000 after buying an additional 1,078 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Up 0.9 %

Take-Two Interactive Software stock opened at $185.49 on Friday. The stock’s 50 day moving average is $185.46 and its 200 day moving average is $165.89. 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 one year low of $135.24 and a one year high of $192.14.

Insider Transactions at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s 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 sale, the director now owns 9,692 shares in the company, valued at $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 is available at the SEC website. 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 value of $145,796.28. Following 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 position. The disclosure for this sale can be found here. Corporate insiders own 1.45% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Stifel Nicolaus increased their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research report on Tuesday. Morgan Stanley boosted their price target on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. The Goldman Sachs Group upped their price objective on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. UBS Group boosted their target price on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Finally, Wedbush restated an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a research note on Monday, December 9th. Three investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average price target of $200.58.

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.