Maytus Capital Management LLC Sells 9,155 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Maytus Capital Management LLC cut its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 20.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 36,345 shares of the company’s stock after selling 9,155 shares during the period. Take-Two Interactive Software accounts for 2.3% of Maytus Capital Management LLC’s portfolio, making the stock its 14th biggest position. Maytus Capital Management LLC’s holdings in Take-Two Interactive Software were worth $6,690,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TTWO. Principal Financial Group Inc. grew its holdings in Take-Two Interactive Software by 5.9% during the 3rd quarter. Principal Financial Group Inc. now owns 189,496 shares of the company’s stock worth $29,127,000 after acquiring an additional 10,491 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in Take-Two Interactive Software by 0.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,714 shares of the company’s stock worth $2,709,000 after purchasing an additional 135 shares in the last quarter. Graypoint LLC acquired a new position in Take-Two Interactive Software in the fourth quarter valued at approximately $220,000. Czech National Bank grew its position in shares of Take-Two Interactive Software by 6.6% during the 4th quarter. Czech National Bank now owns 35,414 shares of the company’s stock worth $6,519,000 after buying an additional 2,207 shares during the period. Finally, Fiduciary Alliance LLC bought a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at $734,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock opened at $226.25 on Tuesday. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $238.00. The firm’s fifty day moving average price is $212.96 and its 200-day moving average price is $197.00. The stock has a market cap of $39.93 billion, a P/E ratio of -10.61, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

Wall Street Analyst Weigh In

TTWO has been the subject of several recent research reports. UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $175.00 to $230.00 in a report on Monday, January 27th. Ascendiant Capital Markets boosted their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. StockNews.com cut Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Stifel Nicolaus increased their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. Finally, Raymond James reissued an “outperform” rating and set a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.67.

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.