Tabor Asset Management LP Invests $2.63 Million in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Tabor Asset Management LP acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 14,269 shares of the company's stock, valued at approximately $2,627,000.

A number of other large investors also recently bought and sold shares of TTWO. Assetmark Inc. raised its position in 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 buying an additional 106 shares during the last quarter. Itau Unibanco Holding S.A. raised its position in Take-Two Interactive Software by 41.4% during the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company's stock worth $45,000 after buying an additional 72 shares during the last quarter. First Horizon Advisors Inc. raised its position in Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after buying an additional 54 shares during the last quarter. Mizuho Bank Ltd. purchased a new position in Take-Two Interactive Software during the 4th quarter worth $53,000. Finally, UMB Bank n.a. raised its position in Take-Two Interactive Software by 36.3% during the 4th quarter. UMB Bank n.a. now owns 327 shares of the company's stock worth $60,000 after buying an additional 87 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on TTWO shares. DA Davidson upped their price target on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Wedbush reaffirmed an "outperform" rating and set a $269.00 price target (up from $253.00) on shares of Take-Two Interactive Software in a research note on Friday, May 16th. Moffett Nathanson upped their price target 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. Ascendiant Capital Markets upped 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 note on Monday, March 3rd. Finally, BMO Capital Markets reaffirmed an "outperform" rating and set a $236.00 price target (down from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $228.10.

Take-Two Interactive Software Trading Down 4.5%

NASDAQ:TTWO traded down $10.74 on Wednesday, reaching $226.76. The stock had a trading volume of 6,080,337 shares, compared to its average volume of 1,724,280. The company has a market cap of $40.02 billion, a price-to-earnings ratio of -10.63, a P/E/G ratio of 6.83 and a beta of 1.08. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The firm's fifty day moving average is $216.60 and its two-hundred day moving average is $199.81. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $240.78.

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.