Take-Two Interactive Software, Inc. (TTWO) is Stephens Investment Management Group LLC’s 6th Largest Position

Stephens Investment Management Group LLC trimmed its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 626,668 shares of the company’s stock after selling 8,977 shares during the period. Take-Two Interactive Software makes up 1.5% of Stephens Investment Management Group LLC’s investment portfolio, making the stock its 6th largest holding. Stephens Investment Management Group LLC owned about 0.59% of Take-Two Interactive Software worth $64,064,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dupont Capital Management Corp purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at $102,000. Smithfield Trust Co. purchased a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at $125,000. Fortaleza Asset Management Inc. purchased a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at $134,000. Mitsubishi UFJ Securities Holdings Co. Ltd. purchased a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at $183,000. Finally, Conning Inc. acquired a new stake in Take-Two Interactive Software during the 2nd quarter worth $203,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

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A number of brokerages recently weighed in on TTWO. Buckingham Research increased their price target on shares of Take-Two Interactive Software from $120.00 to $127.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Credit Suisse Group reiterated a “neutral” rating and set a $116.00 price target (up previously from $95.00) on shares of Take-Two Interactive Software in a research note on Wednesday, November 8th. Bank of America Corporation increased their price target on shares of Take-Two Interactive Software from $106.00 to $127.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. TheStreet cut shares of Take-Two Interactive Software from a “b” rating to a “c+” rating in a research note on Tuesday, November 7th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $135.00 price target (up previously from $122.00) on shares of Take-Two Interactive Software in a research note on Thursday, November 9th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Take-Two Interactive Software has a consensus rating of “Buy” and a consensus price target of $110.65.

In other news, CEO Strauss Zelnick sold 31,004 shares of Take-Two Interactive Software stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $116.49, for a total transaction of $3,611,655.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Dornemann sold 5,500 shares of Take-Two Interactive Software stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $118.50, for a total transaction of $651,750.00. Following the sale, the director now owns 4,777 shares of the company’s stock, valued at $566,074.50. The disclosure for this sale can be found here. Insiders have sold a total of 66,504 shares of company stock valued at $7,729,606 over the last 90 days. 1.55% of the stock is currently owned by insiders.

Shares of Take-Two Interactive Software, Inc. (NASDAQ TTWO) traded down $1.08 during midday trading on Monday, hitting $117.82. 3,142,700 shares of the company traded hands, compared to its average volume of 1,891,603. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.31. Take-Two Interactive Software, Inc. has a 12-month low of $46.27 and a 12-month high of $120.62. The firm has a market capitalization of $13,437.74, a PE ratio of 46.02, a price-to-earnings-growth ratio of 3.42 and a beta of 0.82.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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