Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by American Century Companies Inc.

American Century Companies Inc. decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,503 shares of the company’s stock after selling 886 shares during the quarter. American Century Companies Inc.’s holdings in Take-Two Interactive Software were worth $3,222,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TTWO. Public Sector Pension Investment Board raised its stake in Take-Two Interactive Software by 19.6% during the third quarter. Public Sector Pension Investment Board now owns 6,719 shares of the company’s stock worth $1,033,000 after purchasing an additional 1,100 shares during the period. Benjamin Edwards Inc. acquired a new stake in shares of Take-Two Interactive Software during the 3rd quarter worth $284,000. HighTower Advisors LLC raised its position in shares of Take-Two Interactive Software by 2.6% in the 3rd quarter. HighTower Advisors LLC now owns 74,080 shares of the company’s stock worth $11,403,000 after buying an additional 1,897 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Take-Two Interactive Software in the third quarter valued at $255,000. Finally, Royal London Asset Management Ltd. grew its position in Take-Two Interactive Software by 2.7% during the third quarter. Royal London Asset Management Ltd. now owns 75,717 shares of the company’s stock valued at $11,638,000 after acquiring an additional 2,003 shares during the period. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

TTWO opened at $194.58 on Monday. The company has a fifty day simple moving average of $205.30 and a 200 day simple moving average of $184.93. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock has a market cap of $34.34 billion, a P/E ratio of -9.12, a P/E/G ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $220.93.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on TTWO shares. Benchmark reaffirmed a “buy” rating and issued a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Stifel Nicolaus increased their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Oppenheimer lifted their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. Finally, DA Davidson started coverage on Take-Two Interactive Software in a report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price target for the company. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $213.38.

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.