Louisiana State Employees Retirement System Has $3.98 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Louisiana State Employees Retirement System lessened its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,600 shares of the company’s stock after selling 1,000 shares during the period. Louisiana State Employees Retirement System’s holdings in Take-Two Interactive Software were worth $3,976,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Itau Unibanco Holding S.A. acquired a new position in shares of Take-Two Interactive Software during the third quarter valued at about $27,000. Truvestments Capital LLC acquired a new position in shares of Take-Two Interactive Software during the third quarter valued at about $31,000. Versant Capital Management Inc raised its stake in Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after buying an additional 87 shares during the period. Catalyst Capital Advisors LLC boosted its holdings in Take-Two Interactive Software by 69.3% in the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after acquiring an additional 115 shares in the last quarter. Finally, AM Squared Ltd acquired a new stake in Take-Two Interactive Software in the third quarter valued at approximately $46,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.45% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

TTWO has been the topic of a number of research reports. Benchmark reaffirmed a “buy” rating and set a $225.00 target price (up from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. JPMorgan Chase & Co. upped their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Roth Mkm lifted their price objective on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Oppenheimer boosted their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 21st. Finally, The Goldman Sachs Group upped their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and a consensus price target of $208.47.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $209.18 on Thursday. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $215.84. The company has a 50-day simple moving average of $187.29 and a 200 day simple moving average of $169.86. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market capitalization of $36.74 billion, a PE ratio of -9.81, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89.

Take-Two Interactive Software Company 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.