Securian Asset Management Inc. Has $1.20 Million Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

Securian Asset Management Inc. lowered its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 43.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,666 shares of the company’s stock after selling 3,654 shares during the period. Securian Asset Management Inc.’s holdings in Take-Two Interactive Software were worth $1,195,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the business. LBP AM SA grew its holdings in shares of Take-Two Interactive Software by 298.2% during the 4th quarter. LBP AM SA now owns 64,611 shares of the company’s stock valued at $16,542,000 after purchasing an additional 48,384 shares during the last quarter. AGF Management Ltd. lifted its stake in Take-Two Interactive Software by 33.1% in the 3rd quarter. AGF Management Ltd. now owns 72,828 shares of the company’s stock valued at $18,816,000 after purchasing an additional 18,119 shares during the last quarter. Compass Wealth Management LLC acquired a new stake in Take-Two Interactive Software in the third quarter valued at approximately $3,419,000. M&G PLC acquired a new stake in Take-Two Interactive Software in the third quarter valued at approximately $12,465,000. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of Take-Two Interactive Software by 24.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 585,950 shares of the company’s stock worth $150,021,000 after buying an additional 114,403 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Raymond James Financial upgraded Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price target for the company in a research note on Tuesday, February 10th. Morgan Stanley upped their target price on Take-Two Interactive Software from $275.00 to $280.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Wedbush reissued an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. UBS Group boosted their price target on Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Finally, Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $284.31.

Insider Activity at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 155 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $194.73, for a total value of $30,183.15. Following the completion of the sale, the director directly owned 65,626 shares in the company, valued at $12,779,350.98. This trade represents a 0.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Michael Dornemann sold 1,390 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $213.09, for a total value of $296,195.10. Following the completion of the sale, the director directly owned 21,525 shares of the company’s stock, valued at $4,586,762.25. The trade was a 6.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 65,292 shares of company stock worth $13,978,938. 1.34% of the stock is currently owned by insiders.

Take-Two Interactive Software Stock Up 2.0%

Shares of NASDAQ TTWO opened at $225.99 on Wednesday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.71. The firm has a market cap of $41.85 billion, a PE ratio of -10.10, a P/E/G ratio of 3.31 and a beta of 0.97. The company’s fifty day simple moving average is $208.14 and its 200 day simple moving average is $226.63. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $264.79.

Take-Two Interactive Software Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.