Cannell & Spears LLC Sells 28,919 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Cannell & Spears LLC reduced its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 24.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 89,151 shares of the company's stock after selling 28,919 shares during the period. Cannell & Spears LLC owned approximately 0.05% of Take-Two Interactive Software worth $16,411,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Wealthfront Advisers LLC boosted its stake in Take-Two Interactive Software by 1,630,798.7% in the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock valued at $26,223,853,000 after buying an additional 142,450,266 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Take-Two Interactive Software by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company's stock valued at $3,563,690,000 after purchasing an additional 99,909 shares in the last quarter. State Street Corp grew its holdings in shares of Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company's stock worth $1,675,241,000 after purchasing an additional 880,816 shares during the last quarter. Geode Capital Management LLC boosted its position in Take-Two Interactive Software by 3.5% in the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company's stock valued at $614,511,000 after buying an additional 134,767 shares in the last quarter. Finally, Norges Bank bought a new stake in Take-Two Interactive Software during the fourth quarter worth about $495,086,000. 95.46% of the stock is currently owned by institutional investors.

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Take-Two Interactive Software Trading Down 1.0 %

Shares of Take-Two Interactive Software stock traded down $2.17 during trading on Thursday, hitting $208.93. 2,321,518 shares of the company were exchanged, compared to its average volume of 1,605,202. The firm has a market capitalization of $36.88 billion, a P/E ratio of -9.80, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The firm's fifty day moving average price is $204.61 and its 200 day moving average price is $184.02. 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 $220.93.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TTWO. UBS Group upgraded shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and lifted their target price for the company from $175.00 to $230.00 in a research note on Monday, January 27th. Benchmark reissued a "buy" rating and issued a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Moffett Nathanson increased their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Stifel Nicolaus lifted their price target on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. upped their price target on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and a consensus price target of $213.38.

Take-Two Interactive Software Company 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.