Sentry Investment Management LLC trimmed its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 14.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 594 shares of the company’s stock after selling 97 shares during the period. Sentry Investment Management LLC’s holdings in Take-Two Interactive Software were worth $109,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Swiss National Bank grew its stake in Take-Two Interactive Software by 2.7% during the third quarter. Swiss National Bank now owns 493,508 shares of the company’s stock valued at $75,857,000 after acquiring an additional 13,200 shares in the last quarter. CIBC Asset Management Inc grew its stake in Take-Two Interactive Software by 9.1% during the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock valued at $8,200,000 after acquiring an additional 4,456 shares in the last quarter. Fiduciary Alliance LLC purchased a new position in Take-Two Interactive Software during the fourth quarter valued at $734,000. Paloma Partners Management Co purchased a new position in Take-Two Interactive Software during the third quarter valued at $20,290,000. Finally, Legacy Trust grew its stake in Take-Two Interactive Software by 8.9% during the fourth quarter. Legacy Trust now owns 25,772 shares of the company’s stock valued at $4,744,000 after acquiring an additional 2,115 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms recently weighed in on TTWO. StockNews.com cut shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. Stifel Nicolaus increased their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. Morgan Stanley increased their price objective on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Roth Mkm increased their price objective 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, Citigroup increased their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $210.55.
Take-Two Interactive Software Price Performance
Take-Two Interactive Software stock opened at $209.11 on Thursday. The stock has a market cap of $36.91 billion, a price-to-earnings ratio of -9.80, a price-to-earnings-growth ratio of 6.83 and a beta of 0.89. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $218.75. The firm has a 50-day moving average of $192.12 and a two-hundred day moving average of $174.59.
Insider Buying and Selling at Take-Two Interactive Software
In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares of the company’s stock, valued at $28,029,475.56. The trade was a 0.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.45% of the stock is owned by corporate insiders.
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.
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