Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC lessened its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 23.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 208,314 shares of the company's stock after selling 64,714 shares during the period. Sterling Capital Management LLC owned approximately 0.12% of Take-Two Interactive Software worth $38,346,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of TTWO. Argent Trust Co raised its stake in Take-Two Interactive Software by 3.3% in the 4th quarter. Argent Trust Co now owns 12,338 shares of the company's stock worth $2,271,000 after acquiring an additional 391 shares during the last quarter. APG Asset Management N.V. acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth about $15,875,000. Shelton Capital Management boosted its position in Take-Two Interactive Software by 0.7% in the fourth quarter. Shelton Capital Management now owns 21,634 shares of the company's stock valued at $3,982,000 after buying an additional 145 shares during the last quarter. Rathbones Group PLC increased its holdings in Take-Two Interactive Software by 7.8% in the 4th quarter. Rathbones Group PLC now owns 193,853 shares of the company's stock worth $35,684,000 after buying an additional 14,000 shares during the period. Finally, Polymer Capital Management US LLC purchased a new position in Take-Two Interactive Software during the 4th quarter worth approximately $296,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several recent research reports. StockNews.com cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Monday, February 10th. JPMorgan Chase & Co. boosted their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an "overweight" rating in a report on Wednesday, December 18th. Moffett Nathanson raised their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. UBS Group upgraded Take-Two Interactive Software from a "neutral" rating to a "buy" rating and lifted their price target for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Finally, Stifel Nicolaus raised their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $213.38.

Take-Two Interactive Software Trading Down 1.0 %

TTWO stock traded down $2.20 during trading on Wednesday, reaching $212.40. 504,021 shares of the stock were exchanged, compared to its average volume of 1,632,502. The business has a 50 day moving average price of $208.72 and a 200-day moving average price of $187.85. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $220.93. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $37.49 billion, a price-to-earnings ratio of -9.96, a P/E/G ratio of 6.83 and a beta of 1.01.

About Take-Two Interactive Software

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.