Snowden Capital Advisors LLC Has $1 Million Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Snowden Capital Advisors LLC raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 78.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,437 shares of the company's stock after buying an additional 2,394 shares during the period. Snowden Capital Advisors LLC's holdings in Take-Two Interactive Software were worth $1,001,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Siemens Fonds Invest GmbH increased its position in shares of Take-Two Interactive Software by 92.4% in the fourth quarter. Siemens Fonds Invest GmbH now owns 3,348 shares of the company's stock valued at $616,000 after acquiring an additional 1,608 shares during the last quarter. Sora Investors LLC boosted its position in Take-Two Interactive Software by 26.0% during the fourth quarter. Sora Investors LLC now owns 88,167 shares of the company's stock valued at $16,230,000 after purchasing an additional 18,167 shares during the last quarter. Royal Bank of Canada grew its stake in Take-Two Interactive Software by 2.0% in the fourth quarter. Royal Bank of Canada now owns 634,628 shares of the company's stock valued at $116,821,000 after purchasing an additional 12,531 shares in the last quarter. Point72 Asset Management L.P. increased its position in shares of Take-Two Interactive Software by 85.1% during the 4th quarter. Point72 Asset Management L.P. now owns 30,095 shares of the company's stock worth $5,540,000 after purchasing an additional 13,840 shares during the last quarter. Finally, Polar Asset Management Partners Inc. increased its position in shares of Take-Two Interactive Software by 150.2% during the 4th quarter. Polar Asset Management Partners Inc. now owns 81,300 shares of the company's stock worth $14,966,000 after purchasing an additional 48,800 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $234.66 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $41.42 billion, a price-to-earnings ratio of -11.00, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $240.78. The company has a 50-day simple moving average of $215.48 and a two-hundred day simple moving average of $199.36.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Stifel Nicolaus raised 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 research note on Tuesday, January 21st. Raymond James reissued an "outperform" rating and issued a $250.00 price objective (up previously from $240.00) on shares of Take-Two Interactive Software in a research report on Friday. StockNews.com upgraded shares of Take-Two Interactive Software from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th. 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. Finally, Wedbush reiterated an "outperform" rating and set a $269.00 price target (up previously from $253.00) on shares of Take-Two Interactive Software in a report on Friday. Two analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and an average target price of $228.10.

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.

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