New England Research & Management Inc. Lowers Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

New England Research & Management Inc. reduced its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 9.1% during the 4th quarter, HoldingsChannel reports. The firm owned 6,275 shares of the company’s stock after selling 625 shares during the period. New England Research & Management Inc.’s holdings in Take-Two Interactive Software were worth $1,155,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TTWO. Itau Unibanco Holding S.A. purchased a new position in Take-Two Interactive Software during the 3rd quarter worth $27,000. Truvestments Capital LLC purchased a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $31,000. Versant Capital Management Inc boosted its stake in shares of 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. Catalyst Capital Advisors LLC increased its holdings 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 buying an additional 115 shares during the period. Finally, AM Squared Ltd bought a new position in Take-Two Interactive Software in the third quarter worth approximately $46,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, the director now directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. The trade was a 17.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 value of $145,796.28. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Roth Mkm lifted their price target on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. StockNews.com raised shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. The Goldman Sachs Group increased their price target on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Stifel Nicolaus lifted their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. Finally, Robert W. Baird lifted their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Two research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $203.47.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $190.09 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $192.14. The stock has a 50-day moving average of $185.67 and a 200 day moving average of $166.78.

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.