Sentry Investment Management LLC Cuts Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Sentry Investment Management LLC lessened its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 594 shares of the company’s stock after selling 97 shares during the quarter. Sentry Investment Management LLC’s holdings in Take-Two Interactive Software were worth $109,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of TTWO. Itau Unibanco Holding S.A. bought a new position in shares of Take-Two Interactive Software in the third quarter worth approximately $27,000. Truvestments Capital LLC bought a new position in shares of Take-Two Interactive Software in the third quarter worth approximately $31,000. Versant Capital Management Inc lifted its stake in shares of Take-Two Interactive Software by 87.0% in 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 in the last quarter. Catalyst Capital Advisors LLC lifted its stake in shares of Take-Two Interactive Software by 69.3% in the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after buying an additional 115 shares in the last quarter. Finally, AM Squared Ltd bought a new position in shares of Take-Two Interactive Software in the third quarter worth approximately $46,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Up 0.6 %

Shares of TTWO stock opened at $209.11 on Thursday. The company has a 50 day simple moving average of $192.12 and a two-hundred day simple moving average of $174.59. 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 cap of $36.91 billion, a P/E ratio of -9.80, a P/E/G ratio of 6.83 and a beta of 0.89. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $218.75.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. TD Cowen upped their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Benchmark reiterated a “buy” rating and issued a $225.00 target price (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. DA Davidson began coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a “buy” rating and a $250.00 target price on the stock. Wedbush restated an “outperform” rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, StockNews.com downgraded shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and an average price target of $210.55.

Insider Transactions at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.45% of the company’s stock.

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.