Robeco Institutional Asset Management B.V. Sells 3,203 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Robeco Institutional Asset Management B.V. lowered its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,145 shares of the company’s stock after selling 3,203 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Take-Two Interactive Software were worth $2,943,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Ninety One UK Ltd increased its position in shares of Take-Two Interactive Software by 473.2% in the second quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company’s stock valued at $197,383,000 after acquiring an additional 1,047,979 shares during the period. 1832 Asset Management L.P. increased its holdings in Take-Two Interactive Software by 2,224.9% during the 1st quarter. 1832 Asset Management L.P. now owns 1,080,474 shares of the company’s stock valued at $160,440,000 after purchasing an additional 1,034,000 shares during the period. Point72 Asset Management L.P. increased its holdings in Take-Two Interactive Software by 3,786.4% during the 2nd quarter. Point72 Asset Management L.P. now owns 826,048 shares of the company’s stock valued at $128,442,000 after purchasing an additional 804,793 shares during the period. Ameriprise Financial Inc. raised its position in Take-Two Interactive Software by 17.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock valued at $694,173,000 after purchasing an additional 666,198 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in Take-Two Interactive Software by 1,780.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock worth $70,807,000 after buying an additional 436,150 shares during the period. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock opened at $177.90 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.90 and a current ratio of 0.90. The company has a market capitalization of $31.18 billion, a PE ratio of -8.41, a P/E/G ratio of 5.09 and a beta of 0.85. The company has a 50 day moving average price of $156.75 and a 200-day moving average price of $153.79. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $180.53.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.09. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Take-Two Interactive Software had a positive return on equity of 0.49% and a negative net margin of 66.38%. As a group, equities analysts forecast that Take-Two Interactive Software, Inc. will post 1.01 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $149.83, for a total transaction of $28,617.53. Following the transaction, the director now directly owns 64,378 shares of the company’s stock, valued at $9,645,755.74. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 1.45% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. UBS Group boosted their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday. HSBC upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target on the stock in a research report on Monday, August 12th. Roth Mkm lifted their price objective on Take-Two Interactive Software from $180.00 to $182.00 and gave the company a “buy” rating in a research report on Thursday. Oppenheimer upped their target price on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Robert W. Baird raised their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday. Two analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and a consensus target price of $188.05.

About Take-Two Interactive Software

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.