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Alerus Financial NA Decreases Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

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Alerus Financial NA lowered its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 5.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,882 shares of the company's stock after selling 2,755 shares during the quarter. Take-Two Interactive Software accounts for about 0.7% of Alerus Financial NA's portfolio, making the stock its 26th biggest position. Alerus Financial NA's holdings in Take-Two Interactive Software were worth $9,550,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Itau Unibanco Holding S.A. acquired a new position in Take-Two Interactive Software during the third quarter valued at approximately $27,000. Truvestments Capital LLC acquired a new stake in shares of Take-Two Interactive Software in the third quarter valued at approximately $31,000. Assetmark Inc. boosted its stake in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after acquiring an additional 106 shares during the period. Versant Capital Management Inc increased its holdings in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after acquiring an additional 87 shares during the last quarter. Finally, Friedenthal Financial bought a new stake in Take-Two Interactive Software in the 4th quarter valued at $50,000. Institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

NASDAQ TTWO traded up $1.26 during trading hours on Tuesday, reaching $208.51. 639,992 shares of the stock traded hands, compared to its average volume of 1,595,777. The stock has a 50 day simple moving average of $203.65 and a two-hundred day simple moving average of $183.42. The company has a market cap of $36.80 billion, a price-to-earnings ratio of -9.77, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $220.93. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.

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Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. StockNews.com lowered shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. Stifel Nicolaus increased their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a research note on Tuesday, January 21st. JPMorgan Chase & Co. boosted their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an "overweight" rating in a report on Wednesday, December 18th. The Goldman Sachs Group upped their target price 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. Finally, Citigroup boosted their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $213.38.

View Our Latest Analysis on Take-Two Interactive Software

Take-Two Interactive Software Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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