Orion Portfolio Solutions LLC Sells 215 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Orion Portfolio Solutions LLC decreased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,036 shares of the company’s stock after selling 215 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Take-Two Interactive Software were worth $620,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in TTWO. Blue Trust Inc. lifted its position in shares of Take-Two Interactive Software by 410.6% in the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company’s stock worth $36,000 after acquiring an additional 193 shares during the period. Raymond James & Associates lifted its position in shares of Take-Two Interactive Software by 8.1% in the 2nd quarter. Raymond James & Associates now owns 142,961 shares of the company’s stock worth $22,229,000 after acquiring an additional 10,691 shares during the period. Fifth Third Bancorp lifted its position in shares of Take-Two Interactive Software by 2.9% in the 2nd quarter. Fifth Third Bancorp now owns 19,225 shares of the company’s stock worth $2,989,000 after acquiring an additional 535 shares during the period. Lecap Asset Management Ltd. bought a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $742,000. Finally, Everhart Financial Group Inc. bought a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $265,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Down 0.7 %

NASDAQ TTWO opened at $185.93 on Wednesday. The stock has a fifty day moving average of $174.46 and a 200-day moving average of $160.90. The stock has a market capitalization of $32.65 billion, a P/E ratio of -8.79, a price-to-earnings-growth ratio of 5.76 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $191.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

Insider Activity

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the sale, the director now directly owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This trade represents a 17.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction on Monday, December 2nd. The shares were 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 disclosure for this sale can be found here. Insiders own 1.45% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. TD Cowen raised their price objective on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Robert W. Baird raised their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. cut their target price on Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Tuesday, October 22nd. Wedbush restated an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research report on Monday, December 9th. Finally, StockNews.com upgraded Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average target price of $196.00.

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.