Amalgamated Bank Has $5.87 Million Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Amalgamated Bank lowered its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,881 shares of the company’s stock after selling 656 shares during the period. Amalgamated Bank’s holdings in Take-Two Interactive Software were worth $5,869,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Itau Unibanco Holding S.A. bought a new position in shares of Take-Two Interactive Software in the 3rd quarter worth $27,000. Truvestments Capital LLC acquired a new position in Take-Two Interactive Software during the third quarter worth $31,000. Versant Capital Management Inc raised its holdings in Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after buying an additional 87 shares during the last quarter. Catalyst Capital Advisors LLC lifted its stake in shares of Take-Two Interactive Software by 69.3% in the third 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. Finally, AM Squared Ltd acquired a new position in shares of Take-Two Interactive Software during the third quarter valued at about $46,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $208.21 on Friday. The company has a 50-day moving average price of $192.66 and a two-hundred day moving average price of $174.82. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $36.75 billion, a PE ratio of -9.76, a P/E/G ratio of 6.83 and a beta of 0.89.

Insider Buying and Selling

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.45% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TTWO. Raymond James restated an “outperform” rating and issued a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. The Goldman Sachs Group increased their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. JPMorgan Chase & Co. lifted their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Roth Mkm increased their price target on 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, Oppenheimer raised their price objective on 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. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $210.55.

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.