Fieldview Capital Management LLC Sells 8,503 Shares of Take-Two Interactive Software, Inc. $TTWO

Fieldview Capital Management LLC trimmed its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 58.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,004 shares of the company’s stock after selling 8,503 shares during the quarter. Fieldview Capital Management LLC’s holdings in Take-Two Interactive Software were worth $1,537,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LBP AM SA boosted its position in shares of Take-Two Interactive Software by 298.2% during the fourth quarter. LBP AM SA now owns 64,611 shares of the company’s stock worth $16,542,000 after purchasing an additional 48,384 shares in the last quarter. Compass Wealth Management LLC bought a new stake in Take-Two Interactive Software in the 3rd quarter valued at $3,419,000. M&G PLC bought a new stake in Take-Two Interactive Software in the 3rd quarter valued at $12,465,000. Swedbank AB lifted its position in Take-Two Interactive Software by 7.6% in the 4th quarter. Swedbank AB now owns 134,638 shares of the company’s stock valued at $34,471,000 after acquiring an additional 9,556 shares in the last quarter. Finally, Fiera Capital Corp lifted its position in Take-Two Interactive Software by 33.9% in the 4th quarter. Fiera Capital Corp now owns 64,403 shares of the company’s stock valued at $16,489,000 after acquiring an additional 16,314 shares in the last quarter. 95.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TTWO shares. Piper Sandler reaffirmed a “neutral” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 9th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. Wedbush reaffirmed 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. Wells Fargo & Company cut their price objective on shares of Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating on the stock in a research report on Friday, May 22nd. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $287.06.

Insider Activity at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 21,102 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $219.61, for a total transaction of $4,634,210.22. Following the transaction, the insider directly owned 131,668 shares in the company, valued at $28,915,609.48. The trade was a 13.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Ellen F. Siminoff sold 413 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $207.66, for a total transaction of $85,763.58. Following the transaction, the director owned 2,000 shares in the company, valued at $415,320. This represents a 17.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 560,175 shares of company stock worth $126,236,057 over the last ninety days. Company insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $211.75 on Monday. The firm has a market capitalization of $39.32 billion, a PE ratio of -130.71, a P/E/G ratio of 4.19 and a beta of 0.98. The company’s 50-day moving average is $217.25 and its 200-day moving average is $223.28. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $264.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.24 and a quick ratio of 1.24.

About Take-Two Interactive Software

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.