J. Safra Sarasin Holding AG Sells 15,292 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

J. Safra Sarasin Holding AG cut its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 74.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,150 shares of the company's stock after selling 15,292 shares during the quarter. J. Safra Sarasin Holding AG's holdings in Take-Two Interactive Software were worth $948,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TTWO. First Horizon Advisors Inc. raised its position in Take-Two Interactive Software by 24.2% in the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after purchasing an additional 54 shares in the last quarter. Fifth Third Bancorp raised its stake in 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 acquiring an additional 57 shares in the last quarter. Principal Securities Inc. boosted its stake in shares of Take-Two Interactive Software by 6.0% in the 4th quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock valued at $189,000 after purchasing an additional 58 shares in the last quarter. Y.D. More Investments Ltd grew its holdings in shares of Take-Two Interactive Software by 2.0% in the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock worth $563,000 after purchasing an additional 61 shares during the last quarter. Finally, Avantax Advisory Services Inc. increased its position in shares of Take-Two Interactive Software by 2.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company's stock worth $542,000 after purchasing an additional 73 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Trading Up 1.3 %

Shares of NASDAQ TTWO traded up $2.90 during midday trading on Tuesday, reaching $228.45. 296,592 shares of the stock were exchanged, compared to its average volume of 1,642,062. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $229.05. The company has a market capitalization of $40.32 billion, a price-to-earnings ratio of -10.68, a P/E/G ratio of 6.83 and a beta of 1.01. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The business has a 50-day simple moving average of $209.50 and a two-hundred day simple moving average of $192.08.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Stifel Nicolaus upped 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. Benchmark reaffirmed a "buy" rating and set a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. StockNews.com lowered Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. Moffett Nathanson raised their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. Finally, Wedbush reiterated an "outperform" rating and set a $215.00 price target on shares of Take-Two Interactive Software in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $213.86.

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.