Canandaigua National Bank & Trust Co. Sells 98 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Canandaigua National Bank & Trust Co. decreased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,257 shares of the company’s stock after selling 98 shares during the period. Canandaigua National Bank & Trust Co.’s holdings in Take-Two Interactive Software were worth $231,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TTWO. State Street Corp lifted its holdings in shares of Take-Two Interactive Software by 8.8% during the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after acquiring an additional 880,816 shares during the last quarter. Point72 Asset Management L.P. boosted its holdings in shares of Take-Two Interactive Software by 3,786.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 826,048 shares of the company’s stock worth $128,442,000 after purchasing an additional 804,793 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Take-Two Interactive Software by 17.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company’s stock valued at $694,173,000 after purchasing an additional 666,198 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Take-Two Interactive Software by 13.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after buying an additional 648,982 shares during the last quarter. Finally, 1832 Asset Management L.P. lifted its position in Take-Two Interactive Software by 49.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,619,380 shares of the company’s stock worth $251,797,000 after buying an additional 538,906 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on TTWO shares. The Goldman Sachs Group lifted their price target on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. 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. TD Cowen upped their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Citigroup boosted their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, Wedbush restated an “outperform” rating and set a $190.00 price target on shares of Take-Two Interactive Software in a research report on Monday, December 9th. Three analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $197.58.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $181.75 on Wednesday. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $192.14. The stock has a market capitalization of $31.92 billion, a P/E ratio of -8.59, a P/E/G ratio of 5.76 and a beta of 0.89. The company’s 50-day moving average is $182.56 and its 200 day moving average is $163.46. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85.

Insiders Place Their Bets

In related news, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction 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 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 Securities & Exchange Commission, which is available at this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the transaction, the director now directly owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

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.