This morning we watched Take-Two Interactive Software drop -6.3% to a price of $142.91 per share. The Large-Cap Software company is now trading -18.45% below its average target price of $175.24. Analysts have set target prices ranging from $135.0 to $200.0 per share for Take-Two Interactive Software, and have given the stock an average rating of buy.
Take-Two Interactive Software's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.5%. The stock's short ratio is 3.65. The company's insiders own 1.38% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 99.3%. In conclusion, we believe there is positive market sentiment regarding Take-Two Interactive Software.
Institutions Invested in Take-Two Interactive Software
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-12-31 | Vanguard Group Inc | 11% | 18,764,312 | $2,681,701,523 |
| 2023-12-31 | Blackrock Inc. | 7% | 12,727,037 | $1,818,884,407 |
| 2023-12-31 | Public Investment Fund | 7% | 11,414,680 | $1,631,328,915 |
| 2023-12-31 | State Street Corporation | 5% | 8,962,735 | $1,280,909,212 |
| 2023-12-31 | Capital International Investors | 4% | 7,240,160 | $1,034,727,417 |
| 2023-12-31 | Capital World Investors | 4% | 7,089,368 | $1,013,176,980 |
| 2023-12-31 | JP Morgan Chase & Company | 4% | 6,589,249 | $941,702,476 |
| 2023-12-31 | Tiger Global Management, LLC | 3% | 5,156,174 | $736,894,572 |
| 2023-12-31 | Massachusetts Financial Services Co. | 3% | 4,691,926 | $670,546,572 |
| 2023-12-31 | Geode Capital Management, LLC | 2% | 3,664,959 | $523,777,590 |
