First Horizon Advisors Inc. Has $34,000 Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

First Horizon Advisors Inc. trimmed its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 22.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 223 shares of the company’s stock after selling 64 shares during the quarter. First Horizon Advisors Inc.’s holdings in Take-Two Interactive Software were worth $34,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Massachusetts Financial Services Co. MA increased its stake in Take-Two Interactive Software by 4.2% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,744,251 shares of the company’s stock valued at $737,684,000 after purchasing an additional 192,774 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Take-Two Interactive Software by 17.6% during the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock valued at $694,173,000 after buying an additional 666,198 shares during the last quarter. Boston Partners increased its position in shares of Take-Two Interactive Software by 1.8% during the first quarter. Boston Partners now owns 2,697,648 shares of the company’s stock worth $400,379,000 after acquiring an additional 48,909 shares in the last quarter. 1832 Asset Management L.P. raised its holdings in shares of Take-Two Interactive Software by 49.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company’s stock worth $251,797,000 after acquiring an additional 538,906 shares during the last quarter. Finally, DNB Asset Management AS lifted its position in Take-Two Interactive Software by 6.7% in the 2nd quarter. DNB Asset Management AS now owns 1,406,841 shares of the company’s stock valued at $218,750,000 after acquiring an additional 88,908 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TTWO has been the subject of a number of recent research reports. Benchmark boosted their price objective on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, August 21st. Robert W. Baird increased their price target on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. BMO Capital Markets lifted their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. The Goldman Sachs Group increased their target price on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, August 12th. Two analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $191.75.

Insider Activity

In other Take-Two Interactive Software news, 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 value 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 $1,736,515.64. This trade represents a 17.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $187.62 on Tuesday. The business’s fifty day moving average is $162.89 and its 200 day moving average is $156.84. The firm has a market cap of $32.95 billion, a price-to-earnings ratio of -8.87, a PEG ratio of 5.67 and a beta of 0.85. 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 52-week low of $135.24 and a 52-week high of $190.43.

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.