Thrivent Financial for Lutherans Sells 2,897 Shares of Take-Two Interactive Software, Inc. $TTWO

Thrivent Financial for Lutherans cut its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 30.2% in the third quarter, Holdings Channel reports. The institutional investor owned 6,681 shares of the company’s stock after selling 2,897 shares during the period. Thrivent Financial for Lutherans’ holdings in Take-Two Interactive Software were worth $1,726,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $26,000. Blue Trust Inc. boosted its holdings in Take-Two Interactive Software by 101.9% during the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock worth $26,000 after purchasing an additional 53 shares during the last quarter. Pinnacle Bancorp Inc. acquired a new stake in Take-Two Interactive Software in the 3rd quarter valued at $29,000. Twin Peaks Wealth Advisors LLC bought a new stake in Take-Two Interactive Software during the 2nd quarter worth about $27,000. Finally, Meeder Asset Management Inc. lifted its position in Take-Two Interactive Software by 216.3% during the 3rd quarter. Meeder Asset Management Inc. now owns 136 shares of the company’s stock worth $35,000 after buying an additional 93 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TTWO. Arete Research raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 target price on the stock in a research report on Monday, December 1st. Weiss Ratings restated a “sell (d)” rating on shares of Take-Two Interactive Software in a research note on Wednesday, January 21st. BMO Capital Markets boosted their price target on Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. TD Cowen reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Tuesday, November 25th. Finally, Morgan Stanley raised their target price on shares of Take-Two Interactive Software from $275.00 to $280.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Buy” and a consensus target price of $283.94.

Take-Two Interactive Software Stock Down 3.2%

TTWO stock opened at $203.89 on Thursday. Take-Two Interactive Software, Inc. has a 1-year low of $188.56 and a 1-year high of $264.79. The business’s 50 day simple moving average is $240.40 and its 200 day simple moving average is $242.28. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $37.76 billion, a PE ratio of -9.11, a PEG ratio of 11.25 and a beta of 0.92.

Insider Activity

In related news, Director Michael Sheresky sold 182 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $235.11, for a total value of $42,790.02. Following the transaction, the director owned 65,781 shares in the company, valued at approximately $15,465,770.91. This represents a 0.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ellen F. Siminoff sold 414 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $245.48, for a total transaction of $101,628.72. Following the sale, the director owned 2,429 shares of the company’s stock, valued at $596,270.92. This trade represents a 14.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,010 shares of company stock worth $242,102 over the last three months. Insiders own 1.34% of the company’s stock.

About Take-Two Interactive Software

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.