Caprock Group LLC Lowers Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Caprock Group LLC decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.1% in the third quarter, Holdings Channel reports. The institutional investor owned 2,724 shares of the company’s stock after selling 115 shares during the period. Caprock Group LLC’s holdings in Take-Two Interactive Software were worth $419,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of TTWO. Quest Partners LLC acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $484,000. Swiss National Bank increased its holdings in Take-Two Interactive Software by 2.7% in the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after acquiring an additional 13,200 shares in the last quarter. AM Squared Ltd purchased a new stake in Take-Two Interactive Software in the 3rd quarter worth $46,000. Mutual of America Capital Management LLC raised its position in Take-Two Interactive Software by 4.7% during the third quarter. Mutual of America Capital Management LLC now owns 40,487 shares of the company’s stock worth $6,223,000 after acquiring an additional 1,804 shares during the period. Finally, Natixis Advisors LLC lifted its holdings in Take-Two Interactive Software by 3.6% during the third quarter. Natixis Advisors LLC now owns 134,363 shares of the company’s stock valued at $20,653,000 after purchasing an additional 4,693 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insiders Place Their Bets

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the transaction, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.45% of the stock is currently owned by insiders.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $188.15 on Friday. The stock has a market cap of $33.04 billion, a PE ratio of -8.89, a P/E/G ratio of 5.62 and a beta of 0.85. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $188.45. The stock has a fifty day simple moving average of $162.18 and a 200-day simple moving average of $156.48. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

Analyst Upgrades and Downgrades

TTWO has been the subject of a number of research reports. Roth Mkm boosted their target price on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Benchmark boosted their price objective on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, August 21st. BMO Capital Markets raised their target price on Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. UBS Group increased their price objective on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Finally, Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a research note on Thursday, August 29th. They set a “buy” rating and a $194.00 target price on the stock. Two investment 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 data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $191.75.

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.