Vontobel Holding Ltd. Decreases Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Vontobel Holding Ltd. reduced its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,204 shares of the company’s stock after selling 2,941 shares during the period. Vontobel Holding Ltd.’s holdings in Take-Two Interactive Software were worth $8,321,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Fifth Third Bancorp increased its stake in Take-Two Interactive Software by 0.3% in the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock worth $3,157,000 after purchasing an additional 57 shares during the period. Y.D. More Investments Ltd increased its stake in 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 period. Hartford Investment Management Co. increased its stake in Take-Two Interactive Software by 0.7% in the 3rd quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock worth $1,576,000 after purchasing an additional 74 shares during the period. Huntington National Bank increased its stake in shares of Take-Two Interactive Software by 9.3% during the third quarter. Huntington National Bank now owns 896 shares of the company’s stock valued at $138,000 after buying an additional 76 shares during the period. Finally, Sanctuary Advisors LLC increased its stake in shares of Take-Two Interactive Software by 1.8% during the third quarter. Sanctuary Advisors LLC now owns 4,493 shares of the company’s stock valued at $691,000 after buying an additional 79 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Down 0.6 %

Take-Two Interactive Software stock opened at $208.76 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The business’s fifty day simple moving average is $188.07 and its two-hundred day simple moving average is $170.69. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $215.84. The company has a market capitalization of $36.66 billion, a price-to-earnings ratio of -9.79, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89.

Insiders Place Their Bets

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the sale, the insider now directly 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 legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.45% of the company’s stock.

Analysts Set New Price Targets

TTWO has been the topic of several research analyst reports. Raymond James reissued an “outperform” rating and set a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Citigroup boosted their target price 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. Morgan Stanley boosted their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Stifel Nicolaus boosted their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. Finally, Roth Mkm boosted their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $208.47.

Take-Two Interactive Software 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.