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

Cartenna Capital LP lessened its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 75.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 319,777 shares of the company's stock after selling 980,223 shares during the period. Take-Two Interactive Software makes up approximately 2.8% of Cartenna Capital LP's portfolio, making the stock its 10th largest position. Cartenna Capital LP owned 0.18% of Take-Two Interactive Software worth $58,865,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Totem Point Management LLC boosted its position in Take-Two Interactive Software by 122.1% in the 4th quarter. Totem Point Management LLC now owns 60,401 shares of the company's stock valued at $11,119,000 after buying an additional 33,202 shares during the period. MGO One Seven LLC lifted its position in shares of Take-Two Interactive Software by 17.6% during the 4th quarter. MGO One Seven LLC now owns 2,481 shares of the company's stock worth $457,000 after purchasing an additional 372 shares during the last quarter. Dark Forest Capital Management LP lifted its position in shares of Take-Two Interactive Software by 6.6% during the 4th quarter. Dark Forest Capital Management LP now owns 1,851 shares of the company's stock worth $341,000 after purchasing an additional 114 shares during the last quarter. Quantessence Capital LLC purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter worth $885,000. Finally, Soros Capital Management LLC purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter worth $4,952,000. Hedge funds and other institutional investors own 95.46% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on TTWO shares. Moffett Nathanson boosted their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. Stifel Nicolaus boosted their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a research report on Tuesday, January 21st. Ascendiant Capital Markets lifted their price objective on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. DA Davidson assumed coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a "buy" rating and a $250.00 price objective on the stock. Finally, Benchmark restated a "buy" rating and issued a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $213.86.

Take-Two Interactive Software Price Performance

NASDAQ TTWO traded up $3.55 during mid-day trading on Tuesday, hitting $229.10. The stock had a trading volume of 519,580 shares, compared to its average volume of 1,642,944. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $229.88. The company has a market cap of $40.44 billion, a price-to-earnings ratio of -10.74, a P/E/G ratio of 6.83 and a beta of 1.01. The company has a 50 day simple moving average of $209.50 and a 200 day simple moving average of $192.08. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.

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.