Skandinaviska Enskilda Banken AB publ cut its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 12.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,001 shares of the company’s stock after selling 2,769 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $2,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of TTWO. Private Advisor Group LLC bought a new stake in TAKE-TWO INTERACTIVE SOFTWARE in the fourth quarter worth about $250,000. Banque Cantonale Vaudoise bought a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 4th quarter worth approximately $380,000. Assetmark Inc. boosted its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 287.7% during the 4th quarter. Assetmark Inc. now owns 221 shares of the company’s stock valued at $27,000 after acquiring an additional 164 shares during the period. KBC Group NV grew its position in TAKE-TWO INTERACTIVE SOFTWARE by 278.7% in the 4th quarter. KBC Group NV now owns 51,210 shares of the company’s stock valued at $6,270,000 after acquiring an additional 37,688 shares during the last quarter. Finally, MUFG Securities EMEA plc increased its stake in TAKE-TWO INTERACTIVE SOFTWARE by 17.7% in the fourth quarter. MUFG Securities EMEA plc now owns 35,300 shares of the company’s stock worth $4,322,000 after purchasing an additional 5,300 shares during the period. 92.27% of the stock is owned by institutional investors and hedge funds.

In other news, President Karl Slatoff sold 3,191 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $124.26, for a total transaction of $396,513.66. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Strauss Zelnick sold 216,665 shares of TAKE-TWO INTERACTIVE SOFTWARE stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $118.97, for a total transaction of $25,776,635.05. The disclosure for this sale can be found here. Insiders have sold a total of 264,735 shares of company stock valued at $32,223,604 in the last quarter. Company insiders own 1.20% of the company’s stock.

Shares of NASDAQ TTWO opened at $137.79 on Tuesday. The company has a 50 day simple moving average of $136.28 and a two-hundred day simple moving average of $124.16. The stock has a market cap of $16.01 billion, a price-to-earnings ratio of 38.92, a PEG ratio of 9.93 and a beta of 0.58. The company has a current ratio of 1.71, a quick ratio of 1.70 and a debt-to-equity ratio of 0.06. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 12 month low of $100.00 and a 12 month high of $149.28.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last issued its earnings results on Wednesday, May 20th. The company reported $1.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.60. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 13.09% and a return on equity of 18.22%. The firm had revenue of $729.42 million during the quarter, compared to analysts’ expectations of $585.27 million. During the same quarter last year, the company posted $0.78 earnings per share. The firm’s revenue was up 49.3% compared to the same quarter last year. Analysts forecast that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 2.52 EPS for the current year.

TTWO has been the subject of a number of research analyst reports. Oppenheimer began coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Friday, June 12th. They set a “buy” rating and a $155.00 price objective for the company. Stephens boosted their price target on TAKE-TWO INTERACTIVE SOFTWARE from $110.00 to $130.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Stifel Nicolaus dropped their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $142.00 to $135.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Piper Sandler lifted their target price on TAKE-TWO INTERACTIVE SOFTWARE from $141.00 to $146.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Finally, Morgan Stanley increased their price target on TAKE-TWO INTERACTIVE SOFTWARE from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Ten research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $144.79.

TAKE-TWO INTERACTIVE SOFTWARE Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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Institutional Ownership by Quarter for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

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