Take-Two Interactive Software, Inc. $TTWO Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 300,041 shares of the company’s stock after selling 6,186 shares during the period. California State Teachers Retirement System’s holdings in Take-Two Interactive Software were worth $59,258,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in TTWO. MCF Advisors LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at approximately $25,000. GHP Investment Advisors Inc. bought a new stake in Take-Two Interactive Software during the 4th quarter valued at $28,000. Rachor Investment Advisory Services LLC acquired a new position in Take-Two Interactive Software during the 4th quarter worth $34,000. MV Capital Management Inc. acquired a new position in Take-Two Interactive Software during the 4th quarter worth $34,000. Finally, Reflection Asset Management bought a new position in shares of Take-Two Interactive Software in the fourth quarter worth $40,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $247.43 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.71. The business’s 50-day moving average price is $234.22 and its 200 day moving average price is $221.53. Take-Two Interactive Software, Inc. has a 52-week low of $187.63 and a 52-week high of $265.94. The firm has a market cap of $46.26 billion, a P/E ratio of -152.73, a PEG ratio of 4.58 and a beta of 0.96.

Analysts Set New Price Targets

TTWO has been the topic of a number of research analyst reports. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Friday, May 22nd. DA Davidson reiterated a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research report on Monday, June 15th. Zacks Research raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday. BTIG Research restated a “buy” rating and set a $293.00 price target on shares of Take-Two Interactive Software in a research report on Monday. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $294.44.

Insider Activity at Take-Two Interactive Software

In related news, President Karl Slatoff sold 208,969 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $227.34, for a total value of $47,507,012.46. Following the sale, the president directly owned 1,006,021 shares in the company, valued at $228,708,814.14. The trade was a 17.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Dornemann sold 1,151 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total transaction of $249,790.02. Following the sale, the director directly owned 20,374 shares of the company’s stock, valued at approximately $4,421,565.48. This represents a 5.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 569,936 shares of company stock worth $128,431,438. Company insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.