Natixis Sells 102,999 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Natixis reduced its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 85.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,916 shares of the company's stock after selling 102,999 shares during the quarter. Natixis' holdings in Take-Two Interactive Software were worth $3,298,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealthfront Advisers LLC grew its position in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after buying an additional 142,450,266 shares in the last quarter. Norges Bank acquired a new stake in Take-Two Interactive Software during the fourth quarter worth about $495,086,000. Raymond James Financial Inc. acquired a new stake in Take-Two Interactive Software during the fourth quarter worth about $115,133,000. Capital International Investors grew its position in Take-Two Interactive Software by 9.5% during the fourth quarter. Capital International Investors now owns 4,883,746 shares of the company's stock worth $899,036,000 after buying an additional 424,893 shares in the last quarter. Finally, FMR LLC grew its position in Take-Two Interactive Software by 67.7% during the fourth quarter. FMR LLC now owns 960,654 shares of the company's stock worth $176,837,000 after buying an additional 387,923 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Trading Up 1.2 %

TTWO stock traded up $2.69 during trading on Friday, hitting $225.38. The company had a trading volume of 1,533,726 shares, compared to its average volume of 1,645,521. 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 firm has a 50-day moving average price of $209.30 and a 200-day moving average price of $191.59. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $225.49. The stock has a market cap of $39.78 billion, a price-to-earnings ratio of -10.57, a PEG ratio of 6.83 and a beta of 1.01.

Analysts Set New Price Targets

TTWO has been the topic of a number of recent research reports. Benchmark reissued a "buy" rating and set a $225.00 target price (up from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Morgan Stanley decreased their price objective on Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Moffett Nathanson lifted their price objective on 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 downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Monday, February 10th. Finally, Raymond James reaffirmed an "outperform" rating and set a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. One 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 MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $213.86.

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.