Marshall Wace LLP Sells 276,538 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Marshall Wace LLP lessened its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 63.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 156,036 shares of the company’s stock after selling 276,538 shares during the period. Marshall Wace LLP owned about 0.09% of Take-Two Interactive Software worth $28,723,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of TTWO. Assetmark Inc. raised its stake in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after purchasing an additional 106 shares in the last quarter. Versant Capital Management Inc increased 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 worth $34,000 after buying an additional 87 shares during the last quarter. Friedenthal Financial bought a new stake in Take-Two Interactive Software during the fourth quarter worth $50,000. First Horizon Advisors Inc. raised its position in Take-Two Interactive Software by 24.2% during the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after acquiring an additional 54 shares in the last quarter. Finally, Mizuho Bank Ltd. acquired a new stake in Take-Two Interactive Software in the fourth quarter valued at $53,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TTWO has been the topic of a number of research analyst reports. Ascendiant Capital Markets upped their target price on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a report on Monday, March 3rd. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and raised their price objective for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Moffett Nathanson boosted their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Raymond James reaffirmed an “outperform” rating and set a $220.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, Morgan Stanley decreased their price objective on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an “overweight” rating on the stock in a report on Thursday. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $213.86.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $212.77 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $220.93. The company has a market cap of $37.55 billion, a price-to-earnings ratio of -9.98, a PEG ratio of 6.83 and a beta of 1.01. The stock has a fifty day moving average price of $208.83 and a 200-day moving average price of $188.85.

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.