Eagle Asset Management Inc. Has $55.75 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Eagle Asset Management Inc. cut its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 362,683 shares of the company’s stock after selling 33,955 shares during the period. Eagle Asset Management Inc.’s holdings in Take-Two Interactive Software were worth $55,748,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of TTWO. O Shaughnessy Asset Management LLC grew its position in Take-Two Interactive Software by 9.3% during the first quarter. O Shaughnessy Asset Management LLC now owns 4,906 shares of the company’s stock valued at $728,000 after purchasing an additional 417 shares in the last quarter. Advisors Asset Management Inc. increased its stake in shares of Take-Two Interactive Software by 15.1% in the first quarter. Advisors Asset Management Inc. now owns 945 shares of the company’s stock worth $140,000 after acquiring an additional 124 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of Take-Two Interactive Software by 1.3% during the first quarter. Gamco Investors INC. ET AL now owns 60,564 shares of the company’s stock worth $8,993,000 after acquiring an additional 806 shares in the last quarter. Gabelli Funds LLC boosted its position in Take-Two Interactive Software by 1.1% during the first quarter. Gabelli Funds LLC now owns 49,832 shares of the company’s stock valued at $7,400,000 after purchasing an additional 525 shares during the last quarter. Finally, Epoch Investment Partners Inc. grew its stake in Take-Two Interactive Software by 2.5% in the first quarter. Epoch Investment Partners Inc. now owns 249,700 shares of the company’s stock valued at $37,078,000 after purchasing an additional 6,097 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TTWO has been the subject of several research reports. Wedbush reiterated an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a report on Thursday, November 7th. Bank of America reissued a “buy” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. Benchmark raised their price target on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, August 21st. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. Finally, Redburn Atlantic began coverage on Take-Two Interactive Software in a report on Thursday, August 29th. They set a “buy” rating and a $194.00 target price on the stock. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $191.75.

Insider Activity at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $188.15 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $188.45. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The stock’s 50-day moving average price is $162.18 and its 200 day moving average price is $156.42.

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.