Take-Two Interactive Software, Inc. (TTWO) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky decreased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 96,061 shares of the company’s stock after selling 3,592 shares during the period. Teachers Retirement System of The State of Kentucky owned about 0.09% of Take-Two Interactive Software worth $9,820,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Engineers Gate Manager LP lifted its position in shares of Take-Two Interactive Software by 1,063.4% during the second quarter. Engineers Gate Manager LP now owns 75,841 shares of the company’s stock worth $5,565,000 after purchasing an additional 69,322 shares during the last quarter. Nomura Holdings Inc. bought a new position in shares of Take-Two Interactive Software during the second quarter worth about $385,000. BNP Paribas Arbitrage SA lifted its position in shares of Take-Two Interactive Software by 70.2% during the second quarter. BNP Paribas Arbitrage SA now owns 39,335 shares of the company’s stock worth $2,886,000 after purchasing an additional 16,224 shares during the last quarter. Utah Retirement Systems bought a new position in shares of Take-Two Interactive Software during the second quarter worth about $1,332,000. Finally, Shelton Capital Management bought a new position in shares of Take-Two Interactive Software during the second quarter worth about $572,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

In other news, CFO Lainie Goldstein sold 30,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $115.54, for a total transaction of $3,466,200.00. Following the sale, the chief financial officer now owns 351,019 shares of the company’s stock, valued at $40,556,735.26. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Strauss Zelnick sold 31,004 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $116.49, for a total value of $3,611,655.96. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 66,504 shares of company stock worth $7,729,606. Corporate insiders own 1.55% of the company’s stock.

Shares of Take-Two Interactive Software, Inc. (TTWO) opened at $117.88 on Friday. The firm has a market capitalization of $13,444.57, a P/E ratio of 46.05, a PEG ratio of 3.42 and a beta of 0.82. The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 0.04. Take-Two Interactive Software, Inc. has a twelve month low of $46.27 and a twelve month high of $120.62.

TTWO has been the topic of several research analyst reports. Benchmark Co. reaffirmed a “buy” rating and set a $110.00 price target (up previously from $100.00) on shares of Take-Two Interactive Software in a research report on Saturday, September 16th. MKM Partners increased their price target on shares of Take-Two Interactive Software from $97.00 to $122.00 and gave the stock a “buy” rating in a research report on Monday, October 30th. BMO Capital Markets increased their price target on shares of Take-Two Interactive Software from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday, November 13th. Barclays PLC initiated coverage on shares of Take-Two Interactive Software in a research report on Wednesday, October 4th. They set an “overweight” rating and a $115.00 price target on the stock. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $105.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $112.90.

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Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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