Zurcher Kantonalbank Zurich Cantonalbank Sells 3,658 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Zurcher Kantonalbank Zurich Cantonalbank reduced its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 101,906 shares of the company’s stock after selling 3,658 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Take-Two Interactive Software were worth $15,664,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TTWO. Massachusetts Financial Services Co. MA lifted its holdings in shares of Take-Two Interactive Software by 13.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after purchasing an additional 648,982 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Take-Two Interactive Software by 17.6% during the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock worth $694,173,000 after buying an additional 666,198 shares during the last quarter. 1832 Asset Management L.P. raised its holdings in Take-Two Interactive Software by 49.9% during the second quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company’s stock worth $251,797,000 after buying an additional 538,906 shares during the last quarter. Ninety One UK Ltd lifted its stake in shares of Take-Two Interactive Software by 473.2% in the second quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company’s stock valued at $197,383,000 after buying an additional 1,047,979 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Take-Two Interactive Software by 2.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,266,248 shares of the company’s stock valued at $196,913,000 after buying an additional 28,588 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Transactions at Take-Two Interactive Software

In related 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 sale, the director now owns 9,692 shares of the company’s stock, 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 SEC, which is accessible through this hyperlink. Corporate insiders own 1.45% of the company’s stock.

Analysts Set New Price Targets

TTWO has been the topic of a number of analyst reports. TD Cowen upped their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. UBS Group increased their price objective 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. Stifel Nicolaus lifted their target price on Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research report on Thursday, September 5th. BMO Capital Markets increased their price target on Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, Hsbc Global Res raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. Two research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $191.75.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $188.38 on Friday. The firm’s 50 day moving average is $165.66 and its 200 day moving average is $157.84. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $190.43. The stock has a market capitalization of $33.08 billion, a P/E ratio of -8.90, a PEG ratio of 5.59 and a beta of 0.85.

About Take-Two Interactive Software

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.