State of Alaska Department of Revenue Has $3.99 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

State of Alaska Department of Revenue boosted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,236 shares of the company’s stock after acquiring an additional 610 shares during the quarter. State of Alaska Department of Revenue’s holdings in Take-Two Interactive Software were worth $3,986,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Wealthfront Advisers LLC boosted its position in Take-Two Interactive Software by 1,630,798.7% during the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after acquiring an additional 142,450,266 shares during the period. Vanguard Group Inc. raised its stake in shares of Take-Two Interactive Software by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company’s stock worth $3,563,690,000 after purchasing an additional 99,909 shares in the last quarter. Capital International Investors lifted its holdings in shares of Take-Two Interactive Software by 9.5% during the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company’s stock valued at $899,036,000 after buying an additional 424,893 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Take-Two Interactive Software by 0.3% in the 4th quarter. Ameriprise Financial Inc. now owns 4,770,044 shares of the company’s stock valued at $878,567,000 after buying an additional 13,555 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Take-Two Interactive Software by 6.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,527,759 shares of the company’s stock valued at $833,470,000 after buying an additional 287,194 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on TTWO. Wedbush restated an “outperform” rating and issued a $269.00 price objective (up previously from $253.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. Robert W. Baird increased their price objective on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an “outperform” rating in a report on Friday, May 16th. Raymond James Financial restated an “outperform” rating and issued a $250.00 price objective (up previously from $240.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. Wall Street Zen downgraded Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Wednesday, May 21st. Finally, Benchmark increased their price objective on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, May 16th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.10.

Insider Transactions at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 27,056 shares of the firm’s stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $225.22, for a total value of $6,093,552.32. Following the completion of the transaction, the insider now directly owns 152,271 shares of the company’s stock, valued at $34,294,474.62. This trade represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Karl Slatoff sold 216,661 shares of the firm’s stock in a transaction on Friday, May 30th. The stock was sold at an average price of $225.75, for a total value of $48,911,220.75. Following the completion of the transaction, the president now directly owns 1,206,427 shares of the company’s stock, valued at approximately $272,350,895.25. This trade represents a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 460,378 shares of company stock worth $103,915,994. Insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Trading Down 0.1%

Shares of Take-Two Interactive Software stock opened at $238.37 on Friday. The company’s fifty day simple moving average is $227.03 and its 200-day simple moving average is $207.39. The company has a market cap of $42.29 billion, a price-to-earnings ratio of -9.39, a PEG ratio of 5.82 and a beta of 1.03. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.18. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $242.28.

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.