Take-Two Interactive Software, Inc. $TTWO Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 16.3% in the third quarter, Holdings Channel.com reports. The fund owned 210,909 shares of the company’s stock after selling 41,074 shares during the quarter. Victory Capital Management Inc.’s holdings in Take-Two Interactive Software were worth $54,490,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Davis R M Inc. raised its holdings in Take-Two Interactive Software by 1.8% in the third quarter. Davis R M Inc. now owns 251,305 shares of the company’s stock valued at $64,927,000 after buying an additional 4,529 shares during the period. Geneva Partners LLC grew its stake in Take-Two Interactive Software by 2.0% during the third quarter. Geneva Partners LLC now owns 16,460 shares of the company’s stock worth $4,253,000 after buying an additional 317 shares during the period. River Wealth Advisors LLC increased its position in shares of Take-Two Interactive Software by 2.6% in the third quarter. River Wealth Advisors LLC now owns 43,090 shares of the company’s stock worth $11,133,000 after acquiring an additional 1,101 shares in the last quarter. APG Asset Management N.V. raised its stake in shares of Take-Two Interactive Software by 0.5% in the 3rd quarter. APG Asset Management N.V. now owns 92,200 shares of the company’s stock valued at $23,821,000 after acquiring an additional 500 shares during the period. Finally, Huntington National Bank raised its stake in shares of Take-Two Interactive Software by 14.9% in the 3rd quarter. Huntington National Bank now owns 1,278 shares of the company’s stock valued at $330,000 after acquiring an additional 166 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $211.50 on Friday. The firm has a 50-day moving average of $225.85 and a two-hundred day moving average of $239.52. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market cap of $39.17 billion, a P/E ratio of -9.45, a PEG ratio of 8.71 and a beta of 0.94. Take-Two Interactive Software, Inc. has a 1-year low of $188.56 and a 1-year high of $264.79.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TTWO. Raymond James Financial raised shares of Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price target for the company in a research report on Tuesday, February 10th. Wedbush reissued an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Tuesday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Take-Two Interactive Software in a research report on Wednesday, January 21st. Arete Research upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 target price for the company in a research note on Monday, December 1st. Finally, DA Davidson reissued a “buy” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and a consensus price target of $284.44.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 155 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $194.73, for a total transaction of $30,183.15. Following the completion of the sale, the director owned 65,626 shares in the company, valued at $12,779,350.98. This trade represents a 0.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ellen F. Siminoff sold 414 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $245.48, for a total value of $101,628.72. Following the sale, the director owned 2,429 shares of the company’s stock, valued at approximately $596,270.92. This trade represents a 14.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 64,880 shares of company stock valued at $13,908,337 in the last three months. 1.34% of the stock is currently owned by company insiders.

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.