Freestone Grove Partners LP purchased a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 9,579 shares of the company's stock, valued at approximately $1,763,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TTWO. Wealthfront Advisers LLC boosted its stake in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock valued at $26,223,853,000 after buying an additional 142,450,266 shares in the last quarter. Norges Bank bought a new position in shares of Take-Two Interactive Software during the 4th quarter valued at about $495,086,000. Raymond James Financial Inc. acquired a new position in shares of Take-Two Interactive Software in the 4th quarter worth approximately $115,133,000. Capital International Investors raised its holdings in shares of Take-Two Interactive Software by 9.5% in the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company's stock worth $899,036,000 after purchasing an additional 424,893 shares in the last quarter. Finally, FMR LLC lifted its stake in Take-Two Interactive Software by 67.7% during the fourth quarter. FMR LLC now owns 960,654 shares of the company's stock valued at $176,837,000 after purchasing an additional 387,923 shares during the last quarter. 95.46% of the stock is owned by institutional investors.
Take-Two Interactive Software Price Performance
Shares of NASDAQ:TTWO opened at $219.50 on Friday. The firm has a market cap of $38.74 billion, a price-to-earnings ratio of -10.29, a P/E/G ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $238.00. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The business has a fifty day simple moving average of $210.94 and a 200 day simple moving average of $193.62.
Analyst Ratings Changes
Several research firms have issued reports on TTWO. Ascendiant Capital Markets lifted their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. Oppenheimer boosted their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 21st. StockNews.com lowered Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. Wedbush restated an "outperform" rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, The Goldman Sachs Group raised their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and an average price target of $213.86.
Read Our Latest Research Report on TTWO
About Take-Two Interactive Software
(
Free Report)
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.
Further Reading
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