Alerus Financial NA Sells 2,755 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Alerus Financial NA trimmed its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 51,882 shares of the company’s stock after selling 2,755 shares during the quarter. Take-Two Interactive Software comprises about 0.7% of Alerus Financial NA’s holdings, making the stock its 26th biggest holding. Alerus Financial NA’s holdings in Take-Two Interactive Software were worth $9,550,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Horizon Advisors Inc. raised its holdings in shares of Take-Two Interactive Software by 24.2% during the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock valued at $51,000 after purchasing an additional 54 shares during the last quarter. Fifth Third Bancorp increased its position in Take-Two Interactive Software by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock valued at $3,157,000 after acquiring an additional 57 shares during the last quarter. Principal Securities Inc. lifted its holdings in Take-Two Interactive Software by 6.0% in the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock valued at $189,000 after acquiring an additional 58 shares during the period. Y.D. More Investments Ltd increased its position in shares of Take-Two Interactive Software by 2.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock valued at $563,000 after purchasing an additional 61 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of Take-Two Interactive Software by 2.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company’s stock worth $542,000 after buying an additional 73 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Trading Down 0.7 %

Shares of TTWO opened at $214.29 on Friday. The stock has a market cap of $37.82 billion, a PE ratio of -10.05, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $220.93. The firm’s fifty day moving average is $202.75 and its two-hundred day moving average is $182.25. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.

Analysts Set New Price Targets

A number of research analysts recently issued reports on TTWO shares. BMO Capital Markets reiterated an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. 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. Citigroup boosted their target price on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. JPMorgan Chase & Co. lifted their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Finally, Wedbush reiterated an “outperform” rating and issued a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. 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 issued a strong buy rating to the company’s stock. According to MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

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.