Deepwater Asset Management LLC Sells 332 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Deepwater Asset Management LLC lessened its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,975 shares of the company’s stock after selling 332 shares during the quarter. Take-Two Interactive Software comprises 0.6% of Deepwater Asset Management LLC’s portfolio, making the stock its 22nd biggest holding. Deepwater Asset Management LLC’s holdings in Take-Two Interactive Software were worth $1,836,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of TTWO. AQR Capital Management LLC raised its stake in shares of Take-Two Interactive Software by 5.9% in the second quarter. AQR Capital Management LLC now owns 19,265 shares of the company’s stock valued at $2,996,000 after acquiring an additional 1,078 shares during the period. Cetera Investment Advisers raised its position in Take-Two Interactive Software by 12.8% in the 2nd quarter. Cetera Investment Advisers now owns 14,987 shares of the company’s stock worth $2,330,000 after purchasing an additional 1,706 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Take-Two Interactive Software during the second quarter valued at approximately $638,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Take-Two Interactive Software during the second quarter valued at approximately $2,446,000. Finally, Czech National Bank raised its holdings in shares of Take-Two Interactive Software by 9.7% in the third quarter. Czech National Bank now owns 33,207 shares of the company’s stock worth $5,104,000 after buying an additional 2,948 shares during the period. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 3.0 %

Shares of NASDAQ:TTWO opened at $185.51 on Monday. 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 business’s 50 day moving average price is $185.71 and its 200-day moving average price is $167.39. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $192.50.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several research analyst reports. Morgan Stanley lifted their price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. The Goldman Sachs Group upped their price objective on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Robert W. Baird increased their price objective on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Stifel Nicolaus boosted 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. Finally, JPMorgan Chase & Co. lifted their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Two equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued 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 a consensus target price of $204.06.

Insider Activity

In other news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the transaction, the director now directly owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company 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.