J.P. Morgan Private Wealth Advisors LLC Sells 666 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

J.P. Morgan Private Wealth Advisors LLC decreased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) by 8.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,697 shares of the company’s stock after selling 666 shares during the period. J.P. Morgan Private Wealth Advisors LLC’s holdings in Take-Two Interactive Software were worth $1,081,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Private Trust Co. NA lifted its stake in Take-Two Interactive Software by 29.1% in the 2nd quarter. Private Trust Co. NA now owns 359 shares of the company’s stock valued at $53,000 after purchasing an additional 81 shares during the last quarter. Drive Wealth Management LLC lifted its stake in Take-Two Interactive Software by 5.7% in the 3rd quarter. Drive Wealth Management LLC now owns 1,537 shares of the company’s stock valued at $216,000 after purchasing an additional 83 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in Take-Two Interactive Software by 44.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 278 shares of the company’s stock valued at $41,000 after purchasing an additional 85 shares during the last quarter. Veritable L.P. lifted its stake in Take-Two Interactive Software by 5.2% in the 2nd quarter. Veritable L.P. now owns 1,868 shares of the company’s stock valued at $275,000 after purchasing an additional 93 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in Take-Two Interactive Software by 50.0% in the 1st quarter. First Horizon Advisors Inc. now owns 282 shares of the company’s stock valued at $34,000 after purchasing an additional 94 shares during the last quarter. Institutional investors own 89.95% of the company’s stock.

Analyst Ratings Changes

TTWO has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and raised their price target for the company from $155.00 to $175.00 in a research note on Tuesday, November 14th. Moffett Nathanson downgraded shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and dropped their price target for the company from $169.00 to $167.00 in a research note on Monday, February 5th. Bank of America downgraded shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $170.00 price target for the company. in a research note on Thursday, December 7th. Morgan Stanley raised their price target on shares of Take-Two Interactive Software from $160.00 to $175.00 and gave the company an “overweight” rating in a research note on Thursday, November 9th. Finally, Wolfe Research initiated coverage on shares of Take-Two Interactive Software in a research note on Tuesday, December 12th. They set an “outperform” rating and a $186.00 price target for the company. One research analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $169.57.

View Our Latest Analysis on Take-Two Interactive Software

Insiders Place Their Bets

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 8,000 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $157.15, for a total value of $1,257,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Strauss Zelnick sold 8,000 shares of Take-Two Interactive Software stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $157.15, for a total transaction of $1,257,200.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Lainie Goldstein sold 20,701 shares of Take-Two Interactive Software stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $158.01, for a total transaction of $3,270,965.01. Following the transaction, the chief financial officer now owns 322,133 shares of the company’s stock, valued at $50,900,235.33. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 31,488 shares of company stock worth $4,966,793. 1.37% of the stock is currently owned by company insiders.

Take-Two Interactive Software Stock Up 0.2 %

NASDAQ:TTWO opened at $155.27 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.85 and a current ratio of 0.82. The firm has a fifty day simple moving average of $161.46 and a two-hundred day simple moving average of $149.94. Take-Two Interactive Software, Inc. has a 12 month low of $107.92 and a 12 month high of $171.59.

About Take-Two Interactive Software

(Free Report)

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.

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

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