Stephens Investment Management Group LLC cut its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 544,342 shares of the company's stock after selling 3,569 shares during the quarter. Take-Two Interactive Software makes up 1.3% of Stephens Investment Management Group LLC's portfolio, making the stock its 13th largest holding. Stephens Investment Management Group LLC owned about 0.31% of Take-Two Interactive Software worth $100,202,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently made changes to their positions in the company. Itau Unibanco Holding S.A. acquired a new stake in Take-Two Interactive Software in the third quarter worth approximately $27,000. Truvestments Capital LLC acquired a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at $31,000. Versant Capital Management Inc lifted its position 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 valued at $34,000 after acquiring an additional 87 shares during the last quarter. Catalyst Capital Advisors LLC lifted its position in shares of Take-Two Interactive Software by 69.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company's stock valued at $43,000 after acquiring an additional 115 shares during the last quarter. Finally, AM Squared Ltd acquired a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at $46,000. 95.46% of the stock is owned by institutional investors.
Take-Two Interactive Software Price Performance
TTWO traded down $0.76 during midday trading on Wednesday, reaching $209.18. 1,162,738 shares of the company's stock were exchanged, compared to its average volume of 1,853,008. The firm has a market capitalization of $36.74 billion, a price-to-earnings ratio of -9.81, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $215.84. The business has a 50-day simple moving average of $187.29 and a two-hundred day simple moving average of $169.86.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on TTWO shares. Roth Mkm increased their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a "buy" rating in a report on Tuesday, November 19th. 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 note on Wednesday, December 18th. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and upped their price target for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Oppenheimer increased their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 21st. Finally, Moffett Nathanson increased their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $208.47.
Get Our Latest Research Report on Take-Two Interactive Software
Insiders Place Their Bets
In related news, insider Daniel P. Emerson sold 777 shares of the firm's stock in a transaction that occurred on 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 owns 149,379 shares of the company's stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.45% of the company's stock.
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.
See Also
Before you consider Take-Two Interactive Software, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Take-Two Interactive Software wasn't on the list.
While Take-Two Interactive Software currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
