Sanctuary Advisors LLC Trims Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Sanctuary Advisors LLC lowered its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,858 shares of the company’s stock after selling 635 shares during the quarter. Sanctuary Advisors LLC’s holdings in Take-Two Interactive Software were worth $738,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Fifth Third Bancorp lifted 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 valued at $3,157,000 after buying an additional 57 shares in the last quarter. Principal Securities Inc. lifted its stake in 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 buying an additional 58 shares in the last quarter. Y.D. More Investments Ltd lifted 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 valued at $563,000 after buying an additional 61 shares in the last quarter. Huntington National Bank lifted its stake in Take-Two Interactive Software by 9.3% in the 3rd quarter. Huntington National Bank now owns 896 shares of the company’s stock valued at $138,000 after buying an additional 76 shares in the last quarter. Finally, Studio Investment Management LLC lifted its stake in Take-Two Interactive Software by 3.9% in the 3rd quarter. Studio Investment Management LLC now owns 2,303 shares of the company’s stock valued at $354,000 after buying an additional 86 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the subject of several analyst reports. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price target for the company from $175.00 to $230.00 in a report on Monday, January 27th. Citigroup boosted their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. The Goldman Sachs Group boosted their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a report on Friday, February 7th. Wedbush reiterated an “outperform” rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, Benchmark reiterated a “buy” rating and issued a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $210.55.

Insider Buying and Selling

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Up 1.8 %

TTWO opened at $211.98 on Friday. The firm has a 50 day moving average price of $193.26 and a 200 day moving average price of $175.27. The company has a market cap of $37.41 billion, a PE ratio of -9.94, a price-to-earnings-growth ratio of 6.83 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $218.75. 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 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.