Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. decreased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,167 shares of the company’s stock after selling 823 shares during the period. Franklin Resources Inc.’s holdings in Take-Two Interactive Software were worth $1,891,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in TTWO. Tidal Investments LLC lifted its stake in Take-Two Interactive Software by 88.5% during the third quarter. Tidal Investments LLC now owns 18,504 shares of the company’s stock valued at $2,844,000 after purchasing an additional 8,687 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Take-Two Interactive Software in the third quarter valued at $725,000. Sanctuary Advisors LLC lifted its position in shares of Take-Two Interactive Software by 1.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 4,493 shares of the company’s stock valued at $691,000 after acquiring an additional 79 shares during the last quarter. Toronto Dominion Bank boosted its stake in shares of Take-Two Interactive Software by 17.9% during the 3rd quarter. Toronto Dominion Bank now owns 56,194 shares of the company’s stock worth $8,638,000 after acquiring an additional 8,537 shares in the last quarter. Finally, Coldstream Capital Management Inc. raised its position in shares of Take-Two Interactive Software by 10.3% during the third quarter. Coldstream Capital Management Inc. now owns 1,997 shares of the company’s stock worth $313,000 after purchasing an additional 187 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the sale, the director now owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the transaction, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

Analysts Set New Price Targets

TTWO has been the topic of a number of analyst reports. Roth Mkm lifted their price target on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. StockNews.com raised shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. The Goldman Sachs Group boosted their price target on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Oppenheimer raised their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Finally, Redburn Atlantic initiated coverage on Take-Two Interactive Software in a report on Thursday, August 29th. They issued a “buy” rating and a $194.00 target price for the company. Three investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $197.58.

Take-Two Interactive Software Stock Performance

TTWO opened at $187.16 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $32.87 billion, a price-to-earnings ratio of -8.84, a P/E/G ratio of 5.76 and a beta of 0.89. The business’s 50-day moving average price is $178.51 and its two-hundred day moving average price is $161.85. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $191.91.

Take-Two Interactive Software 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.