North Point Portfolio Managers Corp OH Reduces Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

North Point Portfolio Managers Corp OH trimmed its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.2% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 60,483 shares of the company’s stock after selling 1,374 shares during the quarter. Take-Two Interactive Software comprises approximately 1.9% of North Point Portfolio Managers Corp OH’s portfolio, making the stock its 28th biggest position. North Point Portfolio Managers Corp OH’s holdings in Take-Two Interactive Software were worth $11,134,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of TTWO. State Street Corp grew its stake in shares of Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after acquiring an additional 880,816 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Take-Two Interactive Software by 13.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after purchasing an additional 648,982 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Take-Two Interactive Software by 1,780.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock worth $70,807,000 after purchasing an additional 436,150 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Take-Two Interactive Software by 10.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock valued at $651,817,000 after buying an additional 417,325 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Take-Two Interactive Software by 3.5% during the 3rd 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 during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the company. StockNews.com raised Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Oppenheimer boosted their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. Wedbush reiterated an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Monday, December 9th. Stifel Nicolaus boosted their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. increased 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. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $203.47.

Take-Two Interactive Software Trading Up 0.9 %

TTWO stock opened at $185.49 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $192.14. The business has a 50 day simple moving average of $185.46 and a two-hundred day simple moving average of $166.12. The company has a market capitalization of $32.58 billion, a price-to-earnings ratio of -8.77, a PEG ratio of 5.84 and a beta of 0.89.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Daniel P. Emerson sold 777 shares of the 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 transaction, the insider now owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.45% of the company’s stock.

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.