Cannell & Spears LLC Has $16.41 Million Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Cannell & Spears LLC lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 24.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 89,151 shares of the company’s stock after selling 28,919 shares during the quarter. Cannell & Spears LLC’s holdings in Take-Two Interactive Software were worth $16,411,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cerity Partners LLC lifted its holdings in shares of Take-Two Interactive Software by 35.3% during the 3rd quarter. Cerity Partners LLC now owns 7,556 shares of the company’s stock worth $1,161,000 after acquiring an additional 1,973 shares during the period. The Manufacturers Life Insurance Company lifted its stake in Take-Two Interactive Software by 1.4% during the third quarter. The Manufacturers Life Insurance Company now owns 98,134 shares of the company’s stock worth $15,084,000 after purchasing an additional 1,339 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in shares of Take-Two Interactive Software by 2.4% in the 3rd quarter. D.A. Davidson & CO. now owns 9,778 shares of the company’s stock valued at $1,503,000 after purchasing an additional 233 shares in the last quarter. Fiduciary Trust Co increased its stake in shares of Take-Two Interactive Software by 20.2% in the 3rd quarter. Fiduciary Trust Co now owns 3,547 shares of the company’s stock valued at $545,000 after purchasing an additional 596 shares during the last quarter. Finally, Public Sector Pension Investment Board raised its holdings in shares of Take-Two Interactive Software by 19.6% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,719 shares of the company’s stock worth $1,033,000 after buying an additional 1,100 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on TTWO. StockNews.com cut Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Oppenheimer lifted their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. DA Davidson started 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 price objective for the company. Raymond James reaffirmed an “outperform” rating and set a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, Citigroup increased their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $213.38.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $210.47 on Monday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm’s fifty day simple moving average is $203.24 and its two-hundred day simple moving average is $183.04. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $220.93. The stock has a market capitalization of $37.15 billion, a P/E ratio of -9.87, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82.

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.