ProShare Advisors LLC Sells 45,449 Shares of Take-Two Interactive Software, Inc. $TTWO

ProShare Advisors LLC trimmed its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 16.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 235,557 shares of the company’s stock after selling 45,449 shares during the period. ProShare Advisors LLC owned about 0.13% of Take-Two Interactive Software worth $60,859,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Blue Trust Inc. grew its position in Take-Two Interactive Software by 101.9% during the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock valued at $26,000 after buying an additional 53 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new position in Take-Two Interactive Software in the third quarter worth approximately $26,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Take-Two Interactive Software during the 2nd quarter worth $27,000. Pinnacle Bancorp Inc. bought a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at $29,000. Finally, LGT Financial Advisors LLC bought a new stake in shares of Take-Two Interactive Software during the 2nd quarter valued at $34,000. 95.46% of the stock is currently owned by institutional investors.

Insider Activity

In other Take-Two Interactive Software news, Director Michael Sheresky sold 182 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $235.11, for a total transaction of $42,790.02. Following the completion of the transaction, the director owned 65,781 shares in the company, valued at $15,465,770.91. This trade represents a 0.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Ellen F. Siminoff sold 414 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $245.48, for a total transaction of $101,628.72. Following the completion of the sale, the director owned 2,429 shares in the company, valued at $596,270.92. This represents a 14.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,010 shares of company stock worth $242,102 over the last ninety days. Insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $205.03 on Tuesday. The company has a market cap of $37.97 billion, a P/E ratio of -9.16, a P/E/G ratio of 10.79 and a beta of 0.92. Take-Two Interactive Software, Inc. has a 52-week low of $188.56 and a 52-week high of $264.79. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.14 and a current ratio of 1.14. The firm’s fifty day moving average is $241.95 and its two-hundred day moving average is $242.65.

Analysts Set New Price Targets

Several research firms have issued reports on TTWO. BMO Capital Markets boosted their price target on Take-Two Interactive Software from $252.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Wells Fargo & Company lifted their target price on shares of Take-Two Interactive Software from $288.00 to $301.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Arete Research raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 target price for the company in a report on Monday, December 1st. DA Davidson reissued a “buy” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, February 4th. Finally, Jefferies Financial Group boosted their price objective on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $282.47.

Take-Two Interactive Software 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.