Universal Beteiligungs und Servicegesellschaft mbH Sells 7,043 Shares of Take-Two Interactive Software, Inc. $TTWO

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 177,264 shares of the company’s stock after selling 7,043 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Take-Two Interactive Software were worth $45,305,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TTWO. Vanguard Group Inc. raised its holdings in Take-Two Interactive Software by 4.5% during the third quarter. Vanguard Group Inc. now owns 21,701,533 shares of the company’s stock valued at $5,606,808,000 after acquiring an additional 932,659 shares during the period. Zurich Insurance Group Ltd FI bought a new stake in shares of Take-Two Interactive Software in the third quarter worth about $112,847,000. State Street Corp increased its holdings in shares of Take-Two Interactive Software by 4.1% in the third quarter. State Street Corp now owns 11,012,647 shares of the company’s stock worth $2,845,084,000 after purchasing an additional 429,083 shares during the last quarter. Amundi increased its holdings in shares of Take-Two Interactive Software by 46.4% in the third quarter. Amundi now owns 1,333,469 shares of the company’s stock worth $342,675,000 after purchasing an additional 422,510 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Take-Two Interactive Software by 186.2% in the second quarter. AQR Capital Management LLC now owns 481,727 shares of the company’s stock worth $116,987,000 after purchasing an additional 313,415 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TTWO has been the topic of several research reports. Wedbush reaffirmed an “outperform” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. UBS Group lifted their target price on Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Morgan Stanley lifted their target price on Take-Two Interactive Software from $275.00 to $280.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Wells Fargo & Company reduced their target price on Take-Two Interactive Software from $295.00 to $293.00 and set an “overweight” rating on the stock in a report on Monday, April 6th. Finally, Zacks Research cut Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $284.31.

Insider Activity

In other news, Director Michael Dornemann sold 1,390 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $213.09, for a total transaction of $296,195.10. Following the transaction, the director owned 21,525 shares of the company’s stock, valued at approximately $4,586,762.25. This represents a 6.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ellen F. Siminoff sold 413 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $207.66, for a total value of $85,763.58. Following the transaction, the director directly owned 2,000 shares in the company, valued at approximately $415,320. This represents a 17.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 65,292 shares of company stock valued at $13,978,938. 1.34% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Trading Up 0.2%

TTWO opened at $218.19 on Thursday. The stock has a market cap of $40.40 billion, a price-to-earnings ratio of -9.75, a P/E/G ratio of 3.25 and a beta of 0.96. The stock’s 50 day moving average price is $203.95 and its 200-day moving average price is $230.26. Take-Two Interactive Software, Inc. has a one year low of $187.63 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.

Take-Two Interactive Software 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.