Yarbrough Capital LLC Lowers Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Yarbrough Capital LLC trimmed its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 27.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 29,548 shares of the company’s stock after selling 10,906 shares during the quarter. Yarbrough Capital LLC’s holdings in Take-Two Interactive Software were worth $5,439,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Itau Unibanco Holding S.A. purchased a new stake in Take-Two Interactive Software during the 3rd quarter valued at $27,000. Versant Capital Management Inc lifted its holdings in shares of Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after purchasing an additional 87 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Take-Two Interactive Software during the third quarter valued at $31,000. Friedenthal Financial bought a new stake in Take-Two Interactive Software in the 4th quarter worth about $50,000. Finally, Catalyst Capital Advisors LLC raised its position in Take-Two Interactive Software by 69.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after buying an additional 115 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the transaction, the insider now directly owns 149,379 shares in the company, valued at approximately $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 can be accessed through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the transaction, the director now directly 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Up 1.1 %

Shares of TTWO opened at $183.37 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $192.14. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $32.21 billion, a PE ratio of -8.67, a price-to-earnings-growth ratio of 5.55 and a beta of 0.89. The business’s 50 day moving average is $184.73 and its 200 day moving average is $164.53.

Analyst Ratings Changes

A number of analysts have recently issued reports on TTWO shares. StockNews.com raised shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. BMO Capital Markets restated an “outperform” rating and issued a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Robert W. Baird boosted their target price 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. The Goldman Sachs Group raised their price target on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, JPMorgan Chase & Co. increased their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Three analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $197.58.

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.