Paloma Partners Management Co Sells 127,887 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Paloma Partners Management Co cut its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 96.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,113 shares of the company's stock after selling 127,887 shares during the period. Paloma Partners Management Co's holdings in Take-Two Interactive Software were worth $757,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Assetmark Inc. increased its stake in Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after purchasing an additional 106 shares during the last quarter. Versant Capital Management Inc raised its position in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after buying an additional 87 shares in the last quarter. Friedenthal Financial acquired a new stake in Take-Two Interactive Software in the fourth quarter worth approximately $50,000. First Horizon Advisors Inc. boosted 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 valued at $51,000 after purchasing an additional 54 shares in the last quarter. Finally, Mizuho Bank Ltd. acquired a new position in shares of Take-Two Interactive Software during the 4th quarter valued at $53,000. 95.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on TTWO. Benchmark reaffirmed a "buy" rating and set a $225.00 target price (up from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Raymond James reaffirmed an "outperform" rating and issued a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. StockNews.com lowered shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. Wedbush reaffirmed an "outperform" rating and issued a $215.00 price target on shares of Take-Two Interactive Software 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 objective for the company. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $213.86.

Take-Two Interactive Software Stock Up 0.8 %

NASDAQ TTWO traded up $1.85 during trading on Thursday, hitting $235.17. 2,174,062 shares of the company traded hands, compared to its average volume of 1,652,155. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $237.52. The business has a fifty day simple moving average of $210.71 and a 200 day simple moving average of $193.18. The company has a market capitalization of $41.51 billion, a P/E ratio of -11.03, a PEG ratio of 6.83 and a beta of 1.01. 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 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.