Stephens Investment Management Group LLC Has $100.20 Million Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Stephens Investment Management Group LLC decreased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 544,342 shares of the company’s stock after selling 3,569 shares during the period. Take-Two Interactive Software makes up 1.3% of Stephens Investment Management Group LLC’s portfolio, making the stock its 13th biggest position. Stephens Investment Management Group LLC’s holdings in Take-Two Interactive Software were worth $100,202,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TTWO. Itau Unibanco Holding S.A. bought a new stake in Take-Two Interactive Software in the third quarter valued at about $27,000. Versant Capital Management Inc boosted its holdings 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 valued at $34,000 after purchasing an additional 87 shares in the last quarter. Truvestments Capital LLC bought a new stake in shares of Take-Two Interactive Software in the 3rd quarter valued at approximately $31,000. Friedenthal Financial acquired a new position in shares of Take-Two Interactive Software in the 4th quarter worth approximately $50,000. Finally, Catalyst Capital Advisors LLC lifted its position in shares of Take-Two Interactive Software by 69.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after buying an additional 115 shares during the period. 95.46% of the stock is owned by institutional investors.

Insider Activity at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 777 shares of the company’s 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 owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.45% of the company’s stock.

Analyst Ratings Changes

TTWO has been the topic of a number of analyst reports. The Goldman Sachs Group upped their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research report on Friday. StockNews.com upgraded shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Morgan Stanley boosted their price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Moffett Nathanson raised their price objective on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday. Finally, UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and increased their price target for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. Two investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $208.47.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $208.77 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The stock has a market cap of $36.67 billion, a P/E ratio of -9.79, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89. The stock’s 50-day moving average price is $185.94 and its two-hundred day moving average price is $168.62. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $212.88.

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.