Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 74.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,347,150 shares of the company's stock after acquiring an additional 574,326 shares during the period. Take-Two Interactive Software accounts for about 0.9% of Alyeska Investment Group L.P.'s investment portfolio, making the stock its 13th largest position. Alyeska Investment Group L.P. owned about 0.77% of Take-Two Interactive Software worth $247,983,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. raised its position 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 during the last quarter. Versant Capital Management Inc increased its position 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 in the last quarter. Itau Unibanco Holding S.A. raised its holdings in shares of Take-Two Interactive Software by 41.4% in the fourth quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock worth $45,000 after acquiring an additional 72 shares during the last quarter. Friedenthal Financial purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $50,000. Finally, First Horizon Advisors Inc. boosted its stake in shares of Take-Two Interactive Software by 24.2% during the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock valued at $51,000 after acquiring an additional 54 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on TTWO shares. BMO Capital Markets restated an "outperform" rating and issued a $236.00 target price (down from $240.00) on shares of Take-Two Interactive Software in a report on Monday. UBS Group upgraded shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and raised their target price for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. Moffett Nathanson lifted their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. The Goldman Sachs Group increased their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, Raymond James reaffirmed an "outperform" rating and issued a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $213.67.

Take-Two Interactive Software Stock Down 2.4 %

NASDAQ:TTWO traded down $5.50 during mid-day trading on Wednesday, hitting $226.34. The company had a trading volume of 2,782,937 shares, compared to its average volume of 1,701,361. The business has a fifty day simple moving average of $211.74 and a 200-day simple moving average of $194.91. The firm has a market capitalization of $39.95 billion, a price-to-earnings ratio of -10.61, a PEG ratio of 6.83 and a beta of 1.08. 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.

About Take-Two Interactive Software

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.