Price T Rowe Associates Inc. MD Sells 69,224 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Price T Rowe Associates Inc. MD reduced its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 20.3% during the 4th quarter, Holdings Channel reports. The firm owned 272,527 shares of the company’s stock after selling 69,224 shares during the period. Price T Rowe Associates Inc. MD’s holdings in Take-Two Interactive Software were worth $50,168,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Assetmark Inc. boosted its position in shares of Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after purchasing an additional 106 shares in the last quarter. Versant Capital Management Inc raised its stake in Take-Two Interactive Software by 87.0% during the 4th 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 period. Friedenthal Financial acquired a new position in Take-Two Interactive Software in the fourth quarter valued at about $50,000. First Horizon Advisors Inc. increased its holdings in shares of Take-Two Interactive Software by 24.2% in the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after acquiring an additional 54 shares in the last quarter. Finally, Mizuho Bank Ltd. acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth about $53,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Benchmark reissued a “buy” rating and set a $225.00 target price (up from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Moffett Nathanson raised their price objective on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. StockNews.com lowered shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. Oppenheimer increased their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday, January 21st. Finally, Raymond James restated an “outperform” rating and issued a $220.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $213.86.

Take-Two Interactive Software Stock Up 2.3 %

TTWO stock opened at $230.71 on Wednesday. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $231.23. The business’s 50 day simple moving average is $209.81 and its 200 day simple moving average is $192.35. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $40.72 billion, a PE ratio of -10.82, a PEG ratio of 6.83 and a beta of 1.01.

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.