Janus Henderson Group PLC Lowers Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Janus Henderson Group PLC decreased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 53.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,603 shares of the company’s stock after selling 20,000 shares during the quarter. Janus Henderson Group PLC’s holdings in Take-Two Interactive Software were worth $2,705,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Hartford Investment Management Co. raised its holdings in Take-Two Interactive Software by 0.7% in the third quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock valued at $1,576,000 after acquiring an additional 74 shares in the last quarter. Huntington National Bank raised its holdings in Take-Two Interactive Software by 9.3% in the third quarter. Huntington National Bank now owns 896 shares of the company’s stock valued at $138,000 after acquiring an additional 76 shares in the last quarter. Chicago Capital LLC raised its holdings in Take-Two Interactive Software by 2.9% in the third quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock valued at $459,000 after acquiring an additional 85 shares in the last quarter. Studio Investment Management LLC raised its holdings in Take-Two Interactive Software by 3.9% in the third quarter. Studio Investment Management LLC now owns 2,303 shares of the company’s stock valued at $354,000 after acquiring an additional 86 shares in the last quarter. Finally, Avior Wealth Management LLC raised its holdings in Take-Two Interactive Software by 5.9% in the third quarter. Avior Wealth Management LLC now owns 1,622 shares of the company’s stock valued at $249,000 after acquiring an additional 91 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling

In related news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the transaction, the insider now owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s 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 completion of the transaction, the director now directly owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.45% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on TTWO. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29th. They issued a “buy” rating and a $194.00 target price on the stock. JPMorgan Chase & Co. cut their price objective on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating on the stock in a report on Tuesday, October 22nd. Stifel Nicolaus raised their price objective on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a report on Thursday, September 5th. Roth Mkm raised their price objective on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $190.00 target price on shares of Take-Two Interactive Software in a report on Monday. Three analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average price target of $195.50.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $190.46 on Thursday. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $191.91. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The firm’s 50-day simple moving average is $171.58 and its 200 day simple moving average is $160.07. The firm has a market capitalization of $33.45 billion, a PE ratio of -9.00, a P/E/G ratio of 5.89 and a beta of 0.88.

Take-Two Interactive Software Company 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.