Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Capital World Investors

Capital World Investors lessened its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 7.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,401,433 shares of the company's stock after selling 363,181 shares during the quarter. Capital World Investors owned about 2.51% of Take-Two Interactive Software worth $810,216,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Horizon Advisors Inc. increased its stake in Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after buying an additional 54 shares during the period. Fifth Third Bancorp increased its position in shares of Take-Two Interactive Software by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company's stock worth $3,157,000 after acquiring an additional 57 shares during the period. Principal Securities Inc. raised its stake in shares of Take-Two Interactive Software by 6.0% in the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock valued at $189,000 after acquiring an additional 58 shares in the last quarter. Y.D. More Investments Ltd boosted its holdings in Take-Two Interactive Software by 2.0% in the fourth quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock valued at $563,000 after purchasing an additional 61 shares during the period. Finally, Avantax Advisory Services Inc. grew its stake in Take-Two Interactive Software by 2.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company's stock worth $542,000 after purchasing an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock traded up $1.30 on Friday, reaching $223.99. 792,234 shares of the stock were exchanged, compared to its average volume of 1,637,515. The firm has a market capitalization of $39.53 billion, a PE ratio of -10.50, a PEG ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $225.67. The business has a fifty day moving average price of $209.12 and a two-hundred day moving average price of $190.57. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54.

Analyst Upgrades and Downgrades

TTWO has been the subject of several recent research reports. Morgan Stanley decreased their price objective on Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. UBS Group raised Take-Two Interactive Software from a "neutral" rating to a "buy" rating and upped their price target for the company from $175.00 to $230.00 in a report on Monday, January 27th. The Goldman Sachs Group raised their price objective on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Moffett Nathanson upped their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a report on Friday, February 7th. Finally, DA Davidson started coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They set a "buy" rating and a $250.00 price target on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and a consensus target price of $213.86.

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.