Public Employees Retirement Association of Colorado Sells 1,548 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Public Employees Retirement Association of Colorado decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 176,965 shares of the company’s stock after selling 1,548 shares during the quarter. Public Employees Retirement Association of Colorado owned approximately 0.10% of Take-Two Interactive Software worth $27,516,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of TTWO. Vanguard Group Inc. grew its holdings in Take-Two Interactive Software by 0.8% during the 1st 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 in the last quarter. Capital World Investors raised its position in shares of Take-Two Interactive Software by 2.1% in the 1st quarter. Capital World Investors now owns 7,240,503 shares of the company’s stock worth $1,075,142,000 after acquiring an additional 151,135 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Take-Two Interactive Software by 4.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,744,251 shares of the company’s stock worth $737,684,000 after acquiring an additional 192,774 shares in the last quarter. Boston Partners raised its position in shares of Take-Two Interactive Software by 1.8% in the 1st quarter. Boston Partners now owns 2,697,648 shares of the company’s stock worth $400,379,000 after acquiring an additional 48,909 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in Take-Two Interactive Software by 14.5% during the 1st quarter. Bessemer Group Inc. now owns 2,003,052 shares of the company’s stock valued at $297,434,000 after buying an additional 254,391 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Activity

In related news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction on Monday, August 19th. The shares were sold at an average price of $149.83, for a total value of $28,617.53. Following the transaction, the director now owns 64,378 shares in the company, valued at approximately $9,645,755.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.37% of the stock is owned by insiders.

Take-Two Interactive Software Price Performance

NASDAQ TTWO opened at $153.66 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $130.34 and a 12 month high of $171.59. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market capitalization of $26.93 billion, a PE ratio of -6.99, a P/E/G ratio of 4.43 and a beta of 0.86. The company’s 50 day simple moving average is $151.90 and its 200 day simple moving average is $151.08.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.09. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.24 billion. As a group, equities research analysts forecast that Take-Two Interactive Software, Inc. will post 1.06 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TTWO has been the topic of several recent analyst reports. Stifel Nicolaus upped their target price on Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research report on Thursday, September 5th. Hsbc Global Res upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. JPMorgan Chase & Co. increased their price target on Take-Two Interactive Software from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, June 6th. Redburn Atlantic assumed coverage on Take-Two Interactive Software in a research report on Thursday, August 29th. They issued a “buy” rating and a $194.00 target price on the stock. Finally, HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target for the company in a report on Monday, August 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and a consensus target price of $183.55.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.