Orange Investment Advisors Inc. Sells 2,604 Shares of Take-Two Interactive Software, Inc. $TTWO

Orange Investment Advisors Inc. cut its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 12.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,878 shares of the company’s stock after selling 2,604 shares during the period. Orange Investment Advisors Inc.’s holdings in Take-Two Interactive Software were worth $3,728,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. LBP AM SA increased its stake in shares of Take-Two Interactive Software by 298.2% in the fourth quarter. LBP AM SA now owns 64,611 shares of the company’s stock valued at $16,542,000 after buying an additional 48,384 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of Take-Two Interactive Software by 45.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 44,875 shares of the company’s stock valued at $11,489,000 after buying an additional 14,050 shares during the last quarter. Fiera Capital Corp lifted its position in Take-Two Interactive Software by 33.9% during the 4th quarter. Fiera Capital Corp now owns 64,403 shares of the company’s stock worth $16,489,000 after buying an additional 16,314 shares in the last quarter. Swedbank AB lifted its position in Take-Two Interactive Software by 7.6% during the 4th quarter. Swedbank AB now owns 134,638 shares of the company’s stock worth $34,471,000 after buying an additional 9,556 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its holdings in Take-Two Interactive Software by 24.3% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 585,950 shares of the company’s stock worth $150,021,000 after acquiring an additional 114,403 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock opened at $238.53 on Monday. The company has a market cap of $44.29 billion, a PE ratio of -147.24, a PEG ratio of 4.72 and a beta of 0.98. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.71. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $264.79. The company’s 50-day moving average is $223.96 and its two-hundred day moving average is $222.50.

Analyst Ratings Changes

Several research firms have weighed in on TTWO. Wedbush restated an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. Piper Sandler reiterated an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. BTIG Research assumed coverage on shares of Take-Two Interactive Software in a report on Wednesday, June 24th. They issued a “buy” rating and a $290.00 price target for the company. BMO Capital Markets upped their price objective on Take-Two Interactive Software from $280.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Bank of America increased their price objective on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average price target of $292.71.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, President Karl Slatoff sold 40,358 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $216.09, for a total value of $8,720,960.22. Following the transaction, the president directly owned 40,358 shares of the company’s stock, valued at approximately $8,720,960.22. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel P. Emerson sold 4,419 shares of Take-Two Interactive Software stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $230.00, for a total transaction of $1,016,370.00. Following the sale, the insider directly owned 113,988 shares of the company’s stock, valued at $26,217,240. This represents a 3.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 570,015 shares of company stock valued at $128,432,857 over the last 90 days. Company insiders own 1.34% of the company’s stock.

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.