Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund trimmed its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 16.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 97,682 shares of the company’s stock after selling 19,800 shares during the period. New York State Common Retirement Fund owned 0.06% of Take-Two Interactive Software worth $15,015,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of TTWO. ORG Partners LLC boosted its stake in shares of Take-Two Interactive Software by 5,533.3% during the 1st quarter. ORG Partners LLC now owns 169 shares of the company’s stock worth $25,000 after purchasing an additional 166 shares during the last quarter. Crewe Advisors LLC boosted its stake in shares of Take-Two Interactive Software by 297.9% during the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock worth $30,000 after purchasing an additional 143 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of Take-Two Interactive Software by 155.1% during the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after purchasing an additional 121 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Take-Two Interactive Software by 410.6% during the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company’s stock worth $36,000 after purchasing an additional 193 shares during the last quarter. Finally, HHM Wealth Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the 2nd quarter worth about $37,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Up 0.7 %

TTWO stock opened at $164.03 on Wednesday. Take-Two Interactive Software, Inc. has a 52 week low of $132.17 and a 52 week high of $171.59. The company has a market capitalization of $28.75 billion, a price-to-earnings ratio of -7.36, a price-to-earnings-growth ratio of 5.00 and a beta of 0.85. The firm’s 50-day moving average is $155.84 and its two-hundred day moving average is $153.00. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.30) EPS for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.09. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.24 billion. On average, analysts forecast that Take-Two Interactive Software, Inc. will post 1.01 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Michael Sheresky sold 191 shares of the business’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 value of $28,617.53. Following the sale, the director now directly owns 64,378 shares in the company, valued at $9,645,755.74. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.45% of the company’s stock.

Analysts Set New Price Targets

TTWO has been the subject of a number of recent analyst reports. Wedbush restated an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. JPMorgan Chase & Co. dropped their target price on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Tuesday, October 22nd. Bank of America restated a “buy” rating and set a $185.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Hsbc Global Res raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. Finally, HSBC raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target for the company in a report on Monday, August 12th. One equities research analyst has rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $187.21.

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.