Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by Point72 Asset Management L.P.

Point72 Asset Management L.P. raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 85.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,095 shares of the company's stock after acquiring an additional 13,840 shares during the quarter. Point72 Asset Management L.P.'s holdings in Take-Two Interactive Software were worth $5,540,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Assetmark Inc. grew its position in shares of Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after purchasing an additional 106 shares during the period. Itau Unibanco Holding S.A. grew its position 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 valued at $45,000 after purchasing an additional 72 shares during the period. First Horizon Advisors Inc. grew its position in shares of Take-Two Interactive Software by 24.2% in the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock valued at $51,000 after purchasing an additional 54 shares during the period. Mizuho Bank Ltd. purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $53,000. Finally, UMB Bank n.a. grew its position in shares of Take-Two Interactive Software by 36.3% in the fourth quarter. UMB Bank n.a. now owns 327 shares of the company's stock valued at $60,000 after purchasing an additional 87 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TTWO has been the subject of a number of recent analyst reports. StockNews.com raised Take-Two Interactive Software from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. Oppenheimer boosted their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research report on Tuesday, January 21st. Morgan Stanley upped their price target on Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday. Benchmark upped their price target on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock a "buy" rating in a research note on Friday. Finally, Wedbush restated 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. Two equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $228.10.

Take-Two Interactive Software Price Performance

TTWO stock opened at $234.66 on Tuesday. The firm has a market cap of $41.42 billion, a P/E 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 1 year low of $135.24 and a 1 year high of $240.78. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a 50-day simple moving average of $215.48 and a 200-day simple moving average of $199.36.

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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