Take-Two Interactive Software, Inc. $TTWO Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado lowered its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 20.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 111,796 shares of the company’s stock after selling 28,100 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Take-Two Interactive Software were worth $28,623,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. grew its stake in Take-Two Interactive Software by 30.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 195 shares of the company’s stock valued at $50,000 after acquiring an additional 45 shares during the period. First Horizon Corp grew its stake in Take-Two Interactive Software by 26.4% in the 4th quarter. First Horizon Corp now owns 220 shares of the company’s stock valued at $56,000 after acquiring an additional 46 shares during the period. Hunter Associates Investment Management LLC grew its stake in Take-Two Interactive Software by 0.4% in the 4th quarter. Hunter Associates Investment Management LLC now owns 10,780 shares of the company’s stock valued at $2,761,000 after acquiring an additional 48 shares during the period. RFG Advisory LLC grew its stake in Take-Two Interactive Software by 5.1% in the 3rd quarter. RFG Advisory LLC now owns 1,037 shares of the company’s stock valued at $268,000 after acquiring an additional 50 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in Take-Two Interactive Software by 5.2% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,007 shares of the company’s stock valued at $260,000 after acquiring an additional 50 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $211.75 on Monday. The stock’s fifty day moving average is $217.25 and its two-hundred day moving average is $223.28. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.24 and a current ratio of 1.24. The firm has a market capitalization of $39.31 billion, a P/E ratio of -130.71, a PEG ratio of 4.19 and a beta of 0.98. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $264.79.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on TTWO shares. Piper Sandler reissued a “neutral” rating on shares of Take-Two Interactive Software in a research note on Tuesday, June 9th. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Wells Fargo & Company dropped their price target on shares of Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating on the stock in a research note on Friday, May 22nd. Finally, Wedbush reissued an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and an average target price of $287.06.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 413 shares of the firm’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $207.66, for a total value of $85,763.58. Following the transaction, the director owned 2,000 shares in the company, valued at approximately $415,320. This trade represents a 17.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Dornemann sold 1,151 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total value of $249,790.02. Following the completion of the transaction, the director owned 20,374 shares in the company, valued at $4,421,565.48. The trade was a 5.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 560,175 shares of company stock worth $126,236,057 in the last ninety days. Company insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Company 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.