Boothbay Fund Management LLC Sells 170,457 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Boothbay Fund Management LLC lowered its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 74.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,843 shares of the company's stock after selling 170,457 shares during the quarter. Boothbay Fund Management LLC's holdings in Take-Two Interactive Software were worth $10,648,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Davis R M Inc. lifted its holdings in shares of Take-Two Interactive Software by 4.9% during the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company's stock worth $42,233,000 after buying an additional 10,701 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at about $1,442,000. Fiduciary Alliance LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at about $734,000. Legacy Trust increased its position in Take-Two Interactive Software by 8.9% in the 4th quarter. Legacy Trust now owns 25,772 shares of the company's stock valued at $4,744,000 after acquiring an additional 2,115 shares in the last quarter. Finally, Summit Place Financial Advisors LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at about $748,000. Institutional investors own 95.46% of the company's stock.

Wall Street Analyst Weigh In

TTWO has been the subject of several analyst reports. Morgan Stanley lowered their price target on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. StockNews.com cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. The Goldman Sachs Group lifted their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Oppenheimer lifted their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 21st. Finally, Benchmark reiterated a "buy" rating and set a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a research 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 given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $213.86.

Take-Two Interactive Software Trading Up 0.6 %

TTWO stock traded up $1.44 during mid-day trading on Thursday, reaching $234.76. The company's stock had a trading volume of 1,089,527 shares, compared to its average volume of 1,826,947. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $238.00. The business's 50 day moving average price is $210.25 and its 200 day moving average price is $192.63. The company has a market cap of $41.43 billion, a price-to-earnings ratio of -11.01, a price-to-earnings-growth 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.