North Point Portfolio Managers Corp OH Sells 1,374 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

North Point Portfolio Managers Corp OH lowered its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.2% in the 4th quarter, HoldingsChannel reports. The fund owned 60,483 shares of the company’s stock after selling 1,374 shares during the period. Take-Two Interactive Software accounts for approximately 1.9% of North Point Portfolio Managers Corp OH’s holdings, making the stock its 28th largest holding. North Point Portfolio Managers Corp OH’s holdings in Take-Two Interactive Software were worth $11,134,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in TTWO. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $27,000. Truvestments Capital LLC bought a new stake in Take-Two Interactive Software in the third quarter worth $31,000. 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 worth $34,000 after buying an additional 87 shares during the period. Catalyst Capital Advisors LLC increased its position in Take-Two Interactive Software by 69.3% during the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after acquiring an additional 115 shares during the last quarter. Finally, AM Squared Ltd purchased a new stake in shares of Take-Two Interactive Software in the third quarter valued at $46,000. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Stock Up 0.9 %

Take-Two Interactive Software stock opened at $185.49 on Monday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The firm has a market cap of $32.58 billion, a P/E ratio of -8.77, a P/E/G ratio of 5.84 and a beta of 0.89. The business has a fifty day moving average of $185.46 and a two-hundred day moving average of $166.12. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $192.14.

Insider Transactions at Take-Two Interactive Software

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. Also, insider Daniel P. Emerson sold 777 shares of the business’s 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 transaction, the insider now owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on TTWO shares. JPMorgan Chase & Co. raised their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Stifel Nicolaus raised their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their target price for the company from $175.00 to $230.00 in a research note on Monday. StockNews.com raised Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Finally, TD Cowen lifted their target price on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Two analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $203.47.

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.