BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sells 62,339 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lessened its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 35.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 111,102 shares of the company’s stock after selling 62,339 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Take-Two Interactive Software were worth $17,275,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Take-Two Interactive Software by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 18,920,875 shares of the company’s stock worth $2,809,561,000 after buying an additional 156,563 shares in the last quarter. Capital World Investors raised its stake in Take-Two Interactive Software by 2.1% during the first quarter. Capital World Investors now owns 7,240,503 shares of the company’s stock worth $1,075,142,000 after acquiring an additional 151,135 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Take-Two Interactive Software by 12.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,691,926 shares of the company’s stock worth $755,165,000 after acquiring an additional 521,456 shares in the last quarter. Boston Partners lifted its holdings in shares of Take-Two Interactive Software by 1.8% during the first quarter. Boston Partners now owns 2,697,648 shares of the company’s stock valued at $400,379,000 after acquiring an additional 48,909 shares during the period. Finally, Norges Bank acquired a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at $350,811,000. Institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the subject of a number of recent analyst reports. Jefferies Financial Group increased their target price on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th. Wedbush reissued an “outperform” rating and issued a $190.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target for the company in a report on Monday, August 12th. Benchmark boosted their price objective on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, August 21st. Finally, Redburn Atlantic assumed coverage on Take-Two Interactive Software in a report on Thursday. They set a “buy” rating and a $194.00 target price on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $182.82.

Take-Two Interactive Software Trading Up 0.8 %

Shares of Take-Two Interactive Software stock traded up $1.21 during trading on Friday, reaching $161.71. 1,206,514 shares of the company were exchanged, compared to its average volume of 1,651,942. Take-Two Interactive Software, Inc. has a twelve month low of $130.34 and a twelve month high of $171.59. The business has a 50-day moving average price of $151.69 and a 200-day moving average price of $150.76. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $28.34 billion, a price-to-earnings ratio of -7.36, a P/E/G ratio of 4.63 and a beta of 0.84.

Insiders Place Their Bets

In other news, Director Michael Sheresky sold 191 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $149.83, for a total value of $28,617.53. Following the completion of the sale, the director now directly owns 64,378 shares of the company’s stock, valued at approximately $9,645,755.74. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.37% of the company’s stock.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.