Compass Wealth Management LLC trimmed its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 9.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,405 shares of the company’s stock after selling 145 shares during the quarter. Compass Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $259,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in TTWO. Itau Unibanco Holding S.A. bought a new position in Take-Two Interactive Software during the 3rd quarter worth about $27,000. Truvestments Capital LLC purchased a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $31,000. Versant Capital Management Inc boosted its stake in shares of Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after purchasing an additional 87 shares in the last quarter. Catalyst Capital Advisors LLC increased its holdings in Take-Two Interactive Software by 69.3% during the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after buying an additional 115 shares during the period. Finally, AM Squared Ltd bought a new position in Take-Two Interactive Software in the third quarter worth approximately $46,000. Institutional investors own 95.46% of the company’s stock.
Analyst Ratings Changes
Several analysts have issued reports on TTWO shares. Morgan Stanley increased their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Oppenheimer raised their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday. The Goldman Sachs Group boosted their target price on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Roth Mkm raised their price target on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Finally, UBS Group lifted their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $200.58.
Take-Two Interactive Software Price Performance
Shares of NASDAQ:TTWO opened at $185.49 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $192.14. The business has a 50-day moving average price of $185.46 and a 200-day moving average price of $165.89.
Insider Buying and Selling
In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of Take-Two Interactive Software stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the transaction, the insider now owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.45% of the stock is owned by corporate insiders.
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.
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