First Hawaiian Bank Sells 7,974 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

First Hawaiian Bank cut its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 42.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,639 shares of the company's stock after selling 7,974 shares during the period. First Hawaiian Bank's holdings in Take-Two Interactive Software were worth $2,205,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Park Square Financial Group LLC bought a new position in Take-Two Interactive Software during the fourth quarter valued at about $28,000. Assetmark Inc. raised its stake in shares of Take-Two Interactive Software by 155.9% in the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after acquiring an additional 106 shares in the last quarter. Itau Unibanco Holding S.A. raised its stake in shares of Take-Two Interactive Software by 41.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock valued at $45,000 after acquiring an additional 72 shares in the last quarter. First Horizon Advisors Inc. raised its stake in shares of Take-Two Interactive Software by 24.2% in the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock valued at $51,000 after acquiring an additional 54 shares in the last quarter. Finally, Mizuho Bank Ltd. bought a new position in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $53,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TTWO has been the topic of a number of recent analyst reports. Ascendiant Capital Markets lifted their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Morgan Stanley lifted their target price on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, May 19th. Wedbush reiterated an "outperform" rating and issued a $269.00 target price (up previously from $253.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. Raymond James reiterated an "outperform" rating and issued a $250.00 price objective (up from $240.00) on shares of Take-Two Interactive Software in a research note on Friday, May 16th. Finally, DA Davidson lifted their price objective on Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. One research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and an average target price of $228.10.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock traded up $0.34 on Friday, hitting $225.73. The company's stock had a trading volume of 3,647,815 shares, compared to its average volume of 1,746,012. The firm has a market cap of $40.05 billion, a P/E ratio of -10.58, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The company has a fifty day moving average price of $218.75 and a 200-day moving average price of $202.51. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $240.78.

Take-Two Interactive Software 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.