Yarbrough Capital LLC Sells 10,906 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Yarbrough Capital LLC lowered its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 27.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,548 shares of the company's stock after selling 10,906 shares during the period. Yarbrough Capital LLC's holdings in Take-Two Interactive Software were worth $5,439,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Swiss National Bank increased its holdings in shares of Take-Two Interactive Software by 2.7% in the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company's stock worth $75,857,000 after acquiring an additional 13,200 shares during the period. Paloma Partners Management Co acquired a new stake in shares of Take-Two Interactive Software in the third quarter valued at approximately $20,290,000. CIBC Asset Management Inc raised its holdings in shares of 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 buying an additional 4,456 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Take-Two Interactive Software by 2.8% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company's stock worth $61,928,000 after buying an additional 10,837 shares during the period. Finally, Fiduciary Alliance LLC acquired a new position in shares of Take-Two Interactive Software in the 4th quarter worth $734,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TTWO has been the topic of several recent analyst reports. Oppenheimer boosted their price objective on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. Wedbush reiterated an "outperform" rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, December 9th. StockNews.com upgraded Take-Two Interactive Software from a "sell" rating to a "hold" rating in a report on Friday, December 6th. The Goldman Sachs Group lifted their price target on Take-Two Interactive Software from $186.00 to $205.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Finally, Citigroup increased their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Wednesday, December 11th. Three investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and an average price target of $197.58.

Insider Activity

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the company's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now directly owns 9,692 shares of the company's stock, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Daniel P. Emerson sold 777 shares of the firm's stock in a transaction 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 approximately $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.45% of the company's stock.

Take-Two Interactive Software Price Performance

NASDAQ TTWO traded up $3.06 on Friday, reaching $186.43. The company's stock had a trading volume of 803,006 shares, compared to its average volume of 1,361,365. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $192.14. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The firm has a market cap of $32.74 billion, a PE ratio of -8.80, a price-to-earnings-growth ratio of 5.55 and a beta of 0.89. The business has a 50-day moving average price of $184.73 and a 200 day moving average price of $164.53.

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.