Louisiana State Employees Retirement System Trims Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Louisiana State Employees Retirement System trimmed its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 21,600 shares of the company’s stock after selling 1,000 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Take-Two Interactive Software were worth $3,976,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software in the third quarter valued at $27,000. Versant Capital Management Inc grew its position in shares of Take-Two Interactive Software by 87.0% in the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after purchasing an additional 87 shares in the last quarter. Truvestments Capital LLC purchased a new position in Take-Two Interactive Software during the 3rd quarter valued at about $31,000. Friedenthal Financial purchased a new position in Take-Two Interactive Software during the 4th quarter valued at about $50,000. Finally, Catalyst Capital Advisors LLC grew its holdings in Take-Two Interactive Software by 69.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after buying an additional 115 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Oppenheimer boosted their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. Benchmark restated a “buy” rating and set a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Wedbush restated an “outperform” rating and set a $215.00 price target on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Roth Mkm boosted their price target on shares of 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. Finally, Robert W. Baird boosted 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. 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 given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $208.47.

Insider Buying and Selling at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Price Performance

TTWO stock opened at $209.18 on Thursday. The firm has a market cap of $36.74 billion, a P/E ratio of -9.81, a P/E/G ratio of 5.68 and a beta of 0.89. The firm’s fifty day moving average is $187.29 and its 200 day moving average is $169.86. 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 debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

Take-Two Interactive Software 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.