DoubleLine ETF Adviser LP Sells 3,684 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

DoubleLine ETF Adviser LP trimmed its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 13.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,723 shares of the company's stock after selling 3,684 shares during the quarter. Take-Two Interactive Software comprises 1.2% of DoubleLine ETF Adviser LP's portfolio, making the stock its 18th largest holding. DoubleLine ETF Adviser LP's holdings in Take-Two Interactive Software were worth $4,551,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TTWO. Wahed Invest LLC lifted its holdings in Take-Two Interactive Software by 3.8% in the 4th quarter. Wahed Invest LLC now owns 4,347 shares of the company's stock valued at $800,000 after acquiring an additional 161 shares during the last quarter. Itau Unibanco Holding S.A. lifted its holdings in shares of Take-Two Interactive Software by 41.4% in the fourth quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock valued at $45,000 after purchasing an additional 72 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $21,262,000. Freestone Grove Partners LP acquired a new position in Take-Two Interactive Software in the 4th quarter valued at approximately $1,763,000. Finally, Unisphere Establishment boosted its position in Take-Two Interactive Software by 4.0% during the fourth quarter. Unisphere Establishment now owns 36,400 shares of the company's stock valued at $6,701,000 after purchasing an additional 1,400 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Price Performance

TTWO traded up $5.82 during midday trading on Monday, reaching $225.32. 2,828,181 shares of the company's stock were exchanged, compared to its average volume of 1,690,113. 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 business has a 50-day simple moving average of $210.94 and a two-hundred day simple moving average of $194.16. The firm has a market capitalization of $39.77 billion, a price-to-earnings ratio of -10.56, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $238.00.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TTWO. BMO Capital Markets reaffirmed an "outperform" rating and issued a $236.00 target price (down from $240.00) on shares of Take-Two Interactive Software in a research report on Monday. DA Davidson began 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 target price for the company. Benchmark reiterated a "buy" rating and issued a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. The Goldman Sachs Group upped their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, Moffett Nathanson boosted 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. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and an average price target of $213.67.

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.