Atria Investments Inc Decreases Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Atria Investments Inc lessened its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 23.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,642 shares of the company’s stock after selling 1,387 shares during the quarter. Atria Investments Inc’s holdings in Take-Two Interactive Software were worth $714,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in TTWO. Crewe Advisors LLC boosted its holdings in Take-Two Interactive Software by 297.9% in the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock worth $30,000 after purchasing an additional 143 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of Take-Two Interactive Software by 155.1% in the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after buying an additional 121 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Take-Two Interactive Software by 410.6% in the second quarter. Blue Trust Inc. now owns 240 shares of the company’s stock worth $36,000 after acquiring an additional 193 shares during the period. HHM Wealth Advisors LLC purchased a new stake in Take-Two Interactive Software during the second quarter valued at $37,000. Finally, BOKF NA lifted its holdings in Take-Two Interactive Software by 466.7% in the first quarter. BOKF NA now owns 272 shares of the company’s stock valued at $41,000 after acquiring an additional 224 shares during the period. 95.46% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 1.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TTWO. Bank of America restated a “buy” rating and set a $185.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Redburn Atlantic began coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29th. They set a “buy” rating and a $194.00 target price for the company. Oppenheimer increased their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. cut their price objective on shares of Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Tuesday, October 22nd. Finally, Benchmark raised their target price on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, August 21st. Two research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $188.70.

Take-Two Interactive Software Price Performance

TTWO stock opened at $182.93 on Tuesday. The company has a market capitalization of $32.13 billion, a PE ratio of -8.65, a price-to-earnings-growth ratio of 5.35 and a beta of 0.85. The company’s fifty day moving average price is $159.52 and its 200-day moving average price is $155.44. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $183.36. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

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.