Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Discovery Capital Management LLC CT

Discovery Capital Management LLC CT reduced its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,957 shares of the company’s stock after selling 13,000 shares during the period. Take-Two Interactive Software makes up 2.3% of Discovery Capital Management LLC CT’s holdings, making the stock its 14th biggest position. Discovery Capital Management LLC CT owned 0.10% of Take-Two Interactive Software worth $33,126,000 as of its most recent SEC filing.

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

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $207.25 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $36.58 billion, a price-to-earnings ratio of -9.72, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The stock’s 50-day moving average is $203.65 and its two-hundred day moving average is $183.42. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $220.93.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on TTWO shares. Benchmark reiterated a “buy” rating and set a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. BMO Capital Markets reaffirmed an “outperform” rating and set a $240.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. StockNews.com cut shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. Citigroup lifted their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Finally, Ascendiant Capital Markets increased their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. One 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. According to MarketBeat.com, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average target price of $213.38.

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.