Park National Corp OH Has $63.51 Million Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Park National Corp OH cut its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 11.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 345,009 shares of the company’s stock after selling 43,369 shares during the quarter. Take-Two Interactive Software comprises about 2.3% of Park National Corp OH’s portfolio, making the stock its 8th biggest position. Park National Corp OH owned approximately 0.20% of Take-Two Interactive Software worth $63,509,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in TTWO. Itau Unibanco Holding S.A. purchased a new position in Take-Two Interactive Software in the third quarter worth $27,000. Truvestments Capital LLC purchased a new position in Take-Two Interactive Software during the 3rd quarter worth $31,000. Versant Capital Management Inc increased its position in Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after buying an additional 87 shares in the last quarter. HHM Wealth Advisors LLC purchased a new stake in Take-Two Interactive Software in the second quarter valued at about $37,000. Finally, Catalyst Capital Advisors LLC raised its position in shares of Take-Two Interactive Software by 69.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after purchasing an additional 115 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Insider Activity at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now owns 149,379 shares of the company’s stock, valued at $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the transaction, the director now owns 9,692 shares of the company’s stock, valued at approximately $1,736,515.64. This trade represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is owned by company insiders.

Take-Two Interactive Software Trading Down 3.8 %

Shares of Take-Two Interactive Software stock opened at $181.75 on Wednesday. The firm has a 50-day simple moving average of $182.56 and a two-hundred day simple moving average of $163.46. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $192.14. The company has a market cap of $31.92 billion, a P/E ratio of -8.59, a price-to-earnings-growth ratio of 5.76 and a beta of 0.89.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TTWO. Robert W. Baird upped their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Wedbush reissued an “outperform” rating and issued a $190.00 target price on shares of Take-Two Interactive Software in a research report on Monday, December 9th. JPMorgan Chase & Co. raised their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Roth Mkm boosted their price target 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. Finally, Citigroup raised their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Three investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $197.58.

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.