Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Nordea Investment Management AB

Nordea Investment Management AB trimmed its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,158,820 shares of the company’s stock after selling 26,761 shares during the period. Nordea Investment Management AB’s holdings in Take-Two Interactive Software were worth $214,440,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. State Street Corp grew its stake in Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock valued at $1,675,241,000 after acquiring an additional 880,816 shares during the last quarter. Point72 Asset Management L.P. lifted its holdings in shares of Take-Two Interactive Software by 3,786.4% in the second quarter. Point72 Asset Management L.P. now owns 826,048 shares of the company’s stock valued at $128,442,000 after purchasing an additional 804,793 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Take-Two Interactive Software by 17.6% in the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock valued at $694,173,000 after purchasing an additional 666,198 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Take-Two Interactive Software by 13.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after purchasing an additional 648,982 shares in the last quarter. Finally, 1832 Asset Management L.P. raised its position in shares of Take-Two Interactive Software by 49.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company’s stock worth $251,797,000 after purchasing an additional 538,906 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TTWO. Roth Mkm raised their price target on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Robert W. Baird boosted their target price on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. StockNews.com upgraded shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. BMO Capital Markets reiterated an “outperform” rating and set a $240.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Finally, Oppenheimer upped their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $197.58.

Insider Activity at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction on 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 sale, the director now directly owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This trade represents a 17.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now directly owns 149,379 shares in the company, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Trading Up 0.1 %

NASDAQ:TTWO opened at $188.98 on Tuesday. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $192.14. The business’s 50-day moving average is $182.17 and its two-hundred day moving average is $163.29. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $33.19 billion, a PE ratio of -8.93, a price-to-earnings-growth ratio of 5.76 and a beta of 0.89.

About Take-Two Interactive Software

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.