Capital International Sarl Decreases Stake in Take-Two Interactive Software, Inc. $TTWO

Capital International Sarl lessened its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 82.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,274 shares of the company’s stock after selling 5,889 shares during the period. Capital International Sarl’s holdings in Take-Two Interactive Software were worth $329,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of TTWO. Bank of Montreal Can raised its holdings in shares of Take-Two Interactive Software by 13.6% in the 3rd quarter. Bank of Montreal Can now owns 265,274 shares of the company’s stock valued at $68,536,000 after purchasing an additional 31,660 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Take-Two Interactive Software by 5.2% during the third quarter. Legal & General Group Plc now owns 962,979 shares of the company’s stock worth $248,795,000 after purchasing an additional 47,181 shares in the last quarter. Fieldview Capital Management LLC purchased a new position in Take-Two Interactive Software in the third quarter valued at $3,748,000. WINTON GROUP Ltd raised its stake in Take-Two Interactive Software by 664.1% in the third quarter. WINTON GROUP Ltd now owns 22,542 shares of the company’s stock valued at $5,824,000 after buying an additional 19,592 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its stake in Take-Two Interactive Software by 104.5% in the third quarter. Russell Investments Group Ltd. now owns 92,272 shares of the company’s stock valued at $23,855,000 after buying an additional 47,144 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 1,698 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $213.62, for a total transaction of $362,726.76. Following the completion of the sale, the insider owned 125,001 shares in the company, valued at $26,702,713.62. This represents a 1.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ellen F. Siminoff sold 414 shares of the firm’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 transaction, the director directly owned 2,429 shares in the company, valued at $596,270.92. The trade was a 14.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 64,880 shares of company stock valued at $13,908,337. 1.34% of the stock is owned by company insiders.

Take-Two Interactive Software Stock Up 1.0%

TTWO opened at $211.09 on Thursday. Take-Two Interactive Software, Inc. has a one year low of $188.56 and a one year 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 stock has a market capitalization of $39.09 billion, a P/E ratio of -9.43, a price-to-earnings-growth ratio of 8.56 and a beta of 0.94. The business’s 50-day simple moving average is $223.15 and its 200-day simple moving average is $239.24.

Analysts Set New Price Targets

TTWO has been the subject of several analyst reports. Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, February 2nd. B. Riley Financial began coverage on Take-Two Interactive Software in a research note on Wednesday, December 10th. They set a “buy” rating and a $300.00 target price for the company. TD Cowen reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Tuesday, November 25th. UBS Group increased their price target on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Finally, Zacks Research cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $284.44.

About Take-Two Interactive Software

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.