Take-Two Interactive Software, Inc. (TTWO) Position Cut by Mitsubishi UFJ Kokusai Asset Management Co. Ltd.

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. trimmed its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 65.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,500 shares of the company’s stock after selling 10,500 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $562,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Janney Montgomery Scott LLC increased its stake in Take-Two Interactive Software by 0.4% in the second quarter. Janney Montgomery Scott LLC now owns 9,750 shares of the company’s stock valued at $715,000 after acquiring an additional 39 shares during the last quarter. Cigna Investments Inc. New boosted its position in Take-Two Interactive Software by 1.3% in the second quarter. Cigna Investments Inc. New now owns 3,971 shares of the company’s stock valued at $291,000 after buying an additional 52 shares in the last quarter. J.P. Marvel Investment Advisors LLC boosted its position in Take-Two Interactive Software by 0.3% in the second quarter. J.P. Marvel Investment Advisors LLC now owns 21,158 shares of the company’s stock valued at $1,553,000 after buying an additional 63 shares in the last quarter. First Citizens Bank & Trust Co. boosted its position in Take-Two Interactive Software by 1.8% in the second quarter. First Citizens Bank & Trust Co. now owns 7,194 shares of the company’s stock valued at $528,000 after buying an additional 129 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Take-Two Interactive Software by 2.3% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,154 shares of the company’s stock valued at $1,112,000 after buying an additional 340 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

TTWO has been the topic of a number of research analyst reports. Benchmark Co. restated a “buy” rating and issued a $110.00 target price (up previously from $100.00) on shares of Take-Two Interactive Software in a research report on Saturday, September 16th. MKM Partners raised their target price on shares of Take-Two Interactive Software from $97.00 to $122.00 and gave the company a “buy” rating in a research report on Monday, October 30th. BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, September 12th. Barclays PLC initiated coverage on shares of Take-Two Interactive Software in a research report on Wednesday, October 4th. They issued an “overweight” rating and a $115.00 target price on the stock. Finally, Stifel Nicolaus restated a “buy” rating and issued a $105.00 target price on shares of Take-Two Interactive Software in a research report on Thursday, October 12th. One research 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. The company has a consensus rating of “Buy” and an average target price of $110.65.

In other Take-Two Interactive Software news, CFO Lainie Goldstein sold 30,000 shares of Take-Two Interactive Software stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $115.54, for a total value of $3,466,200.00. Following the completion of the sale, the chief financial officer now directly owns 351,019 shares of the company’s stock, valued at $40,556,735.26. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Strauss Zelnick sold 31,004 shares of Take-Two Interactive Software stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $116.49, for a total transaction of $3,611,655.96. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

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Take-Two Interactive Software, Inc. (NASDAQ:TTWO) opened at $118.88 on Wednesday. The stock has a market cap of $13,487.92, a price-to-earnings ratio of 46.19, a P/E/G ratio of 3.43 and a beta of 0.82. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 0.04. Take-Two Interactive Software, Inc. has a fifty-two week low of $46.05 and a fifty-two week high of $120.62.

Take-Two Interactive Software 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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