Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. reduced its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 13.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 159,841 shares of the company's stock after selling 24,979 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.09% of Take-Two Interactive Software worth $29,424,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. First Horizon Advisors Inc. increased its position in shares of Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after purchasing an additional 54 shares during the last quarter. Fifth Third Bancorp boosted its position in shares of Take-Two Interactive Software by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company's stock worth $3,157,000 after buying an additional 57 shares during the period. Principal Securities Inc. boosted its position in shares of Take-Two Interactive Software by 6.0% during the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock worth $189,000 after buying an additional 58 shares during the period. Y.D. More Investments Ltd increased its stake in Take-Two Interactive Software by 2.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock worth $563,000 after buying an additional 61 shares during the period. Finally, Itau Unibanco Holding S.A. boosted its position in Take-Two Interactive Software by 41.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock valued at $45,000 after buying an additional 72 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO traded down $0.23 during midday trading on Tuesday, hitting $234.44. The company's stock had a trading volume of 385,568 shares, compared to its average volume of 1,979,144. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $240.78. The firm's fifty day moving average price is $215.48 and its 200-day moving average price is $199.36. The firm has a market cap of $41.38 billion, a P/E ratio of -10.99, a P/E/G ratio of 6.83 and a beta of 1.08.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TTWO. UBS Group upped their price objective on Take-Two Interactive Software from $230.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday. Moffett Nathanson upped their price target 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. Robert W. Baird lifted their price objective on Take-Two Interactive Software from $210.00 to $230.00 and gave the company an "outperform" rating in a research note on Friday. Ascendiant Capital Markets boosted their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. Finally, StockNews.com upgraded shares of Take-Two Interactive Software from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th. Two 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. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $228.10.

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.