Tidal Investments LLC Raises Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Tidal Investments LLC increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 86.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,511 shares of the company's stock after acquiring an additional 16,007 shares during the period. Tidal Investments LLC's holdings in Take-Two Interactive Software were worth $6,353,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of TTWO. Wealthfront Advisers LLC raised its position in Take-Two Interactive Software by 1,630,798.7% during the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock valued at $26,223,853,000 after purchasing an additional 142,450,266 shares during the last quarter. Norges Bank bought a new position in Take-Two Interactive Software during the 4th quarter valued at approximately $495,086,000. Raymond James Financial Inc. bought a new position in Take-Two Interactive Software during the 4th quarter valued at approximately $115,133,000. Alyeska Investment Group L.P. raised its position in Take-Two Interactive Software by 74.3% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,347,150 shares of the company's stock valued at $247,983,000 after purchasing an additional 574,326 shares during the last quarter. Finally, Capital International Investors raised its position in Take-Two Interactive Software by 9.5% during the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company's stock valued at $899,036,000 after purchasing an additional 424,893 shares during the last quarter. Institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Stock Down 0.5%

TTWO traded down $1.02 during trading on Friday, hitting $224.99. 1,862,753 shares of the company's stock traded hands, compared to its average volume of 1,735,565. The company's 50 day simple moving average is $217.41 and its two-hundred day simple moving average is $200.67. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $240.78. The stock has a market capitalization of $39.71 billion, a price-to-earnings ratio of -10.55, a PEG ratio of 6.83 and a beta of 1.08.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. The Goldman Sachs Group upped their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, February 7th. BMO Capital Markets reiterated an "outperform" rating and set a $236.00 target price (down previously from $240.00) on shares of Take-Two Interactive Software in a report on Monday, May 5th. Morgan Stanley upped their target price on Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, May 19th. UBS Group upped their target price on Take-Two Interactive Software from $230.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Finally, Raymond James reiterated an "outperform" rating and set a $250.00 target price (up previously from $240.00) on shares of Take-Two Interactive Software in a report on Friday, May 16th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $228.10.

Take-Two Interactive Software Company 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.