Entropy Technologies LP Takes Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Entropy Technologies LP bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, Holdings Channel reports. The institutional investor bought 5,605 shares of the company’s stock, valued at approximately $1,032,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Itau Unibanco Holding S.A. purchased a new position in Take-Two Interactive Software during the 3rd quarter worth $27,000. Truvestments Capital LLC acquired a new stake in shares of Take-Two Interactive Software during the third quarter worth about $31,000. Versant Capital Management Inc grew its holdings in shares of Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after buying an additional 87 shares during the last quarter. Catalyst Capital Advisors LLC increased its position in 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 acquired a new position in Take-Two Interactive Software in the 3rd quarter valued at about $46,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Up 1.8 %

Take-Two Interactive Software stock opened at $212.51 on Tuesday. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $215.84. The firm has a market capitalization of $37.32 billion, a price-to-earnings ratio of -9.96, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89. The stock’s fifty day moving average is $186.43 and its two-hundred day moving average is $169.17. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

Insider Buying and Selling

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction dated 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 transaction, the insider now owns 149,379 shares in the company, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. StockNews.com downgraded Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday. JPMorgan Chase & Co. lifted their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Stifel Nicolaus upped 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 report on Tuesday, January 21st. Wedbush restated an “outperform” rating and issued a $215.00 target price on shares of Take-Two Interactive Software in a research note on Friday. Finally, Robert W. Baird boosted their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $208.47.

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.