Vontobel Holding Ltd. trimmed its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 6.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,204 shares of the company's stock after selling 2,941 shares during the period. Vontobel Holding Ltd.'s holdings in Take-Two Interactive Software were worth $8,321,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Itau Unibanco Holding S.A. acquired a new stake in shares of Take-Two Interactive Software in the 3rd quarter valued at $27,000. Truvestments Capital LLC bought a new position in Take-Two Interactive Software during the third quarter worth about $31,000. Versant Capital Management Inc increased its stake in shares of Take-Two Interactive Software by 87.0% in 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 raised its position in shares of Take-Two Interactive Software by 69.3% in 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 period. Finally, AM Squared Ltd bought a new position in Take-Two Interactive Software during the 3rd quarter worth approximately $46,000. 95.46% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.45% of the company's stock.
Analysts Set New Price Targets
Several research analysts recently weighed in on TTWO shares. Stifel Nicolaus lifted their price objective on shares of 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. BMO Capital Markets reissued an "outperform" rating and set a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Benchmark reissued a "buy" rating and set 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. Raymond James reissued an "outperform" rating and set a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a research note on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and an average price target of $210.55.
View Our Latest Report on TTWO
Take-Two Interactive Software Stock Performance
Shares of TTWO stock traded down $1.20 on Wednesday, reaching $215.18. The stock had a trading volume of 1,566,695 shares, compared to its average volume of 1,832,771. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $218.75. The firm has a market capitalization of $37.98 billion, a price-to-earnings ratio of -10.09, a P/E/G ratio of 6.52 and a beta of 0.89. The firm's 50-day moving average is $189.11 and its two-hundred day moving average is $171.79. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.
About Take-Two Interactive Software
(
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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