Lazard Asset Management LLC Sells 5,762 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Lazard Asset Management LLC lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 13.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,127 shares of the company's stock after selling 5,762 shares during the quarter. Lazard Asset Management LLC's holdings in Take-Two Interactive Software were worth $6,834,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. lifted its position in shares of Take-Two Interactive Software by 5.9% during the 3rd quarter. Principal Financial Group Inc. now owns 189,496 shares of the company's stock valued at $29,127,000 after buying an additional 10,491 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Take-Two Interactive Software by 0.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,714 shares of the company's stock worth $2,709,000 after acquiring an additional 135 shares during the last quarter. Czech National Bank raised its stake in Take-Two Interactive Software by 6.6% in the 4th quarter. Czech National Bank now owns 35,414 shares of the company's stock valued at $6,519,000 after acquiring an additional 2,207 shares during the period. Wedmont Private Capital lifted its holdings in Take-Two Interactive Software by 11.9% during the fourth quarter. Wedmont Private Capital now owns 2,053 shares of the company's stock valued at $367,000 after purchasing an additional 218 shares during the last quarter. Finally, Miracle Mile Advisors LLC lifted its holdings in Take-Two Interactive Software by 71.5% during the fourth quarter. Miracle Mile Advisors LLC now owns 8,505 shares of the company's stock valued at $1,566,000 after purchasing an additional 3,545 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO traded down $5.60 during midday trading on Friday, hitting $226.74. 4,376,875 shares of the company's stock were exchanged, compared to its average volume of 1,707,256. The business's fifty day moving average price is $214.89 and its two-hundred day moving average price is $198.61. The company has a market cap of $40.02 billion, a price-to-earnings ratio of -10.63, a PEG ratio of 6.83 and a beta of 1.08. 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 $240.78.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TTWO. Raymond James reiterated an "outperform" rating and issued a $250.00 target price (up previously from $240.00) on shares of Take-Two Interactive Software in a research note on Friday. Wedbush reiterated an "outperform" rating and issued a $269.00 price objective (up from $253.00) on shares of Take-Two Interactive Software in a research note on Friday. Moffett Nathanson boosted 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. StockNews.com raised Take-Two Interactive Software from a "sell" rating to a "hold" rating in a report on Tuesday, May 13th. Finally, The Goldman Sachs Group boosted their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $225.48.

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.