Truist Financial Corp Has $18.67 Million Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Truist Financial Corp decreased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 101,425 shares of the company’s stock after selling 9,446 shares during the period. Truist Financial Corp’s holdings in Take-Two Interactive Software were worth $18,670,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Itau Unibanco Holding S.A. bought a new stake in Take-Two Interactive Software in the 3rd quarter worth about $27,000. Truvestments Capital LLC bought a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $31,000. Versant Capital Management Inc boosted its stake in shares of Take-Two Interactive Software by 87.0% in the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after buying an additional 87 shares during the last quarter. Catalyst Capital Advisors LLC grew its holdings in shares of Take-Two Interactive Software by 69.3% in the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after acquiring an additional 115 shares in the last quarter. Finally, AM Squared Ltd purchased a new stake in shares of Take-Two Interactive Software during the third quarter valued at approximately $46,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $215.18 on Thursday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $218.75. The firm has a market cap of $37.98 billion, a price-to-earnings ratio of -10.09, a PEG ratio of 6.52 and a beta of 0.89. The business’s fifty day moving average is $189.60 and its 200 day moving average is $172.09.

Insider Activity at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.45% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have weighed in on TTWO shares. Citigroup boosted their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Morgan Stanley boosted their price objective on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Stifel Nicolaus boosted their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Raymond James reissued an “outperform” rating and issued a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, Benchmark reissued a “buy” rating and issued a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $210.55.

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.