Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Stock Position Decreased by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC trimmed its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5.7% during the fourth quarter, Holdings Channel reports. The fund owned 185,014 shares of the company’s stock after selling 11,171 shares during the quarter. TimesSquare Capital Management LLC’s holdings in Take-Two Interactive Software were worth $34,057,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Itau Unibanco Holding S.A. bought a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at approximately $27,000. Versant Capital Management Inc raised 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 in the last quarter. Truvestments Capital LLC bought a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at approximately $31,000. Friedenthal Financial bought a new position in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $50,000. Finally, Catalyst Capital Advisors LLC raised its stake 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 in the last quarter. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Trading Up 3.7 %

Shares of NASDAQ:TTWO opened at $216.38 on Wednesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $216.52. The business’s 50 day moving average is $189.11 and its 200-day moving average is $171.79.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Roth Mkm raised their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Stifel Nicolaus raised their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. StockNews.com lowered Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th. TD Cowen raised their target price on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Finally, Morgan Stanley raised their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average target price of $208.47.

Insider Buying and Selling

In related news, insider Daniel P. Emerson sold 777 shares of the firm’s 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 owns 149,379 shares in the company, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.45% of the stock is owned by corporate insiders.

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.