Harvey Capital Management Inc. Sells 95 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Harvey Capital Management Inc. reduced its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,905 shares of the company’s stock after selling 95 shares during the period. Take-Two Interactive Software accounts for 1.9% of Harvey Capital Management Inc.’s holdings, making the stock its 15th biggest holding. Harvey Capital Management Inc.’s holdings in Take-Two Interactive Software were worth $8,266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. State Street Corp grew its holdings in Take-Two Interactive Software by 8.8% during the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after acquiring an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Take-Two Interactive Software by 13.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after purchasing an additional 648,982 shares during the period. Assenagon Asset Management S.A. lifted its position in shares of Take-Two Interactive Software by 1,780.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock worth $70,807,000 after purchasing an additional 436,150 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Take-Two Interactive Software by 10.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock valued at $651,817,000 after purchasing an additional 417,325 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Take-Two Interactive Software by 3.5% in the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after buying an additional 134,767 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on TTWO shares. Oppenheimer increased their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. Roth Mkm raised their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Moffett Nathanson boosted their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. JPMorgan Chase & Co. increased their price target on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average target price of $208.47.

Take-Two Interactive Software Price Performance

Shares of TTWO stock opened at $209.94 on Wednesday. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $215.84. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The stock’s 50-day simple moving average is $186.87 and its 200-day simple moving average is $169.59.

Insider Buying and Selling

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

About Take-Two Interactive Software

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.