Atria Investments Inc Decreases Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Atria Investments Inc decreased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 23.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,642 shares of the company’s stock after selling 1,387 shares during the period. Atria Investments Inc’s holdings in Take-Two Interactive Software were worth $714,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Hartford Investment Management Co. lifted its stake in shares of Take-Two Interactive Software by 0.7% in the 3rd quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock valued at $1,576,000 after purchasing an additional 74 shares during the last quarter. Chicago Capital LLC boosted its stake in Take-Two Interactive Software by 2.9% during the third quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock worth $459,000 after buying an additional 85 shares during the period. Massmutual Trust Co. FSB ADV increased its position in Take-Two Interactive Software by 15.3% during the second quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company’s stock valued at $107,000 after acquiring an additional 91 shares during the last quarter. GAMMA Investing LLC increased its position in Take-Two Interactive Software by 5.7% during the third quarter. GAMMA Investing LLC now owns 1,709 shares of the company’s stock valued at $263,000 after acquiring an additional 92 shares during the last quarter. Finally, Banco Santander S.A. raised its stake in shares of Take-Two Interactive Software by 0.6% in the second quarter. Banco Santander S.A. now owns 15,773 shares of the company’s stock valued at $2,453,000 after acquiring an additional 97 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Up 3.0 %

Shares of NASDAQ TTWO opened at $182.93 on Tuesday. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $183.36. The stock’s fifty day simple moving average is $159.52 and its two-hundred day simple moving average is $155.44. The stock has a market capitalization of $32.13 billion, a PE ratio of -8.65, a price-to-earnings-growth ratio of 5.35 and a beta of 0.85. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

Insider Buying and Selling

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the transaction, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.45% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TTWO. BMO Capital Markets upped their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. reduced their price target on Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating on the stock in a report on Tuesday, October 22nd. Wedbush reissued an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a research note on Thursday, November 7th. Morgan Stanley boosted their target price on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Finally, Oppenheimer raised their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $188.70.

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.