Oppenheimer Asset Management Inc. Decreases Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Oppenheimer Asset Management Inc. decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,086 shares of the company’s stock after selling 457 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Take-Two Interactive Software were worth $3,549,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Take-Two Interactive Software by 0.8% during the first quarter. Vanguard Group Inc. now owns 18,920,875 shares of the company’s stock valued at $2,809,561,000 after buying an additional 156,563 shares during the period. Capital World Investors increased its position in shares of Take-Two Interactive Software by 2.1% during the first quarter. Capital World Investors now owns 7,240,503 shares of the company’s stock valued at $1,075,142,000 after buying an additional 151,135 shares during the period. Massachusetts Financial Services Co. MA increased its position in shares of Take-Two Interactive Software by 4.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,744,251 shares of the company’s stock valued at $737,684,000 after buying an additional 192,774 shares during the period. Ameriprise Financial Inc. increased its position in shares of Take-Two Interactive Software by 17.6% during the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock valued at $694,173,000 after buying an additional 666,198 shares during the period. Finally, Boston Partners increased its position in shares of Take-Two Interactive Software by 1.8% during the first quarter. Boston Partners now owns 2,697,648 shares of the company’s stock valued at $400,379,000 after buying an additional 48,909 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the company’s 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 completion of the sale, the director now directly owns 64,378 shares of the company’s stock, valued at approximately $9,645,755.74. This represents a 0.30 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now directly owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Roth Mkm boosted their price target on shares of Take-Two Interactive Software from $180.00 to $182.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. 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. Bank of America restated a “buy” rating and issued a $185.00 price objective on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. UBS Group upped their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating on the stock in a report on Tuesday, October 22nd. Two equities research 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $188.70.

Take-Two Interactive Software Stock Down 2.1 %

Shares of Take-Two Interactive Software stock opened at $177.62 on Friday. The company has a market cap of $31.20 billion, a price-to-earnings ratio of -8.39, a price-to-earnings-growth ratio of 5.48 and a beta of 0.85. The company’s 50 day moving average is $158.99 and its 200 day moving average is $154.99. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $182.62. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53.

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.