Picton Mahoney Asset Management Sells 684 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Picton Mahoney Asset Management decreased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,425 shares of the company’s stock after selling 684 shares during the period. Picton Mahoney Asset Management’s holdings in Take-Two Interactive Software were worth $7,809,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in TTWO. Itau Unibanco Holding S.A. bought a new position in Take-Two Interactive Software during the third quarter valued at approximately $27,000. Assetmark Inc. boosted its stake in Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock valued at $32,000 after buying an additional 106 shares during the last quarter. Versant Capital Management Inc boosted its stake in 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 buying an additional 87 shares during the last quarter. Truvestments Capital LLC bought a new position in Take-Two Interactive Software during the third quarter valued at approximately $31,000. Finally, Friedenthal Financial bought a new position in Take-Two Interactive Software during the fourth quarter valued at approximately $50,000. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Up 0.5 %

Shares of NASDAQ TTWO opened at $204.57 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $36.11 billion, a PE ratio of -9.59, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The stock’s fifty day simple moving average is $197.47 and its two-hundred day simple moving average is $178.97. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $218.75.

Analyst Ratings Changes

A number of brokerages recently commented on TTWO. Ascendiant Capital Markets increased their price target on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Citigroup raised their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. DA Davidson started coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price objective for the company. JPMorgan Chase & Co. raised their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Finally, The Goldman Sachs Group raised their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software currently has an average 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.