Cannell & Spears LLC Sells 28,919 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Cannell & Spears LLC lessened its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 24.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 89,151 shares of the company’s stock after selling 28,919 shares during the quarter. Cannell & Spears LLC owned 0.05% of Take-Two Interactive Software worth $16,411,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. First Horizon Advisors Inc. increased its holdings in Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after purchasing an additional 54 shares in the last quarter. Fifth Third Bancorp boosted its position in shares of Take-Two Interactive Software by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock worth $3,157,000 after buying an additional 57 shares during the period. Principal Securities Inc. grew its holdings in shares of Take-Two Interactive Software by 6.0% during the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock worth $189,000 after buying an additional 58 shares in the last quarter. Y.D. More Investments Ltd raised its position in Take-Two Interactive Software by 2.0% in the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock valued at $563,000 after buying an additional 61 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its position in Take-Two Interactive Software by 2.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company’s stock valued at $542,000 after buying an additional 73 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $210.47 on Monday. The stock has a 50 day simple moving average of $203.24 and a 200 day simple moving average of $183.04. The stock has a market cap of $37.15 billion, a P/E ratio of -9.87, a PEG ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $220.93. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. BMO Capital Markets reaffirmed an “outperform” rating and set a $240.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. The Goldman Sachs Group lifted their price target on shares of 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. Benchmark restated a “buy” rating and set a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Oppenheimer increased their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. boosted their price target on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and a consensus target price of $213.38.

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.