Janney Montgomery Scott LLC Has $1.63 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Janney Montgomery Scott LLC reduced its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.6% during the third quarter, Holdings Channel reports. The institutional investor owned 10,568 shares of the company’s stock after selling 993 shares during the period. Janney Montgomery Scott LLC’s holdings in Take-Two Interactive Software were worth $1,625,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its stake in Take-Two Interactive Software by 103.7% in the 1st quarter. Russell Investments Group Ltd. now owns 45,316 shares of the company’s stock valued at $6,718,000 after purchasing an additional 23,072 shares during the period. TD Asset Management Inc increased its holdings in Take-Two Interactive Software by 4.6% during the first quarter. TD Asset Management Inc now owns 517,911 shares of the company’s stock worth $76,905,000 after buying an additional 22,734 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in Take-Two Interactive Software by 0.3% in the first quarter. State Board of Administration of Florida Retirement System now owns 191,583 shares of the company’s stock worth $28,448,000 after acquiring an additional 634 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Take-Two Interactive Software by 14.3% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 200,106 shares of the company’s stock valued at $29,714,000 after acquiring an additional 25,058 shares during the last quarter. Finally, Blair William & Co. IL grew its position in shares of Take-Two Interactive Software by 0.3% during the 1st quarter. Blair William & Co. IL now owns 35,150 shares of the company’s stock valued at $5,219,000 after acquiring an additional 115 shares during the period. Institutional investors own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the transaction, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $149.83, for a total transaction of $28,617.53. Following the transaction, the director now owns 64,378 shares in the company, valued at approximately $9,645,755.74. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the transaction, the director now directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Stock Up 0.7 %

Shares of TTWO opened at $181.87 on Thursday. The firm has a market capitalization of $31.94 billion, a P/E ratio of -8.59, a P/E/G ratio of 5.44 and a beta of 0.85. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $182.62. The firm has a fifty day moving average price of $158.08 and a 200-day moving average price of $154.57. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

Wall Street Analyst Weigh In

Several brokerages have issued reports on TTWO. TD Cowen boosted their target price on Take-Two Interactive Software from $173.00 to $176.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Robert W. Baird upped their price objective on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Roth Mkm lifted their target price on shares of Take-Two Interactive Software from $180.00 to $182.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Benchmark upped their price target on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Finally, Morgan Stanley boosted their target price on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and a consensus target price of $188.05.

Take-Two Interactive Software Profile

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.