First Manhattan CO. LLC. Purchases 115,928 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

First Manhattan CO. LLC. boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 5.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,250,602 shares of the company's stock after purchasing an additional 115,928 shares during the quarter. Take-Two Interactive Software makes up 1.2% of First Manhattan CO. LLC.'s portfolio, making the stock its 15th biggest holding. First Manhattan CO. LLC. owned approximately 1.28% of Take-Two Interactive Software worth $417,713,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. grew its stake 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 buying an additional 106 shares in the last quarter. Itau Unibanco Holding S.A. boosted its holdings in 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 last quarter. Friedenthal Financial purchased a new position in Take-Two Interactive Software in the fourth quarter valued at about $50,000. First Horizon Advisors Inc. boosted its holdings in 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 last quarter. Finally, Mizuho Bank Ltd. purchased a new position in Take-Two Interactive Software in the fourth quarter valued at about $53,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TTWO. StockNews.com downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Monday, February 10th. Benchmark reissued a "buy" rating and issued a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Stifel Nicolaus upped their price objective on 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. BMO Capital Markets restated an "outperform" rating and set a $236.00 price objective (down previously from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. Finally, DA Davidson initiated coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They set a "buy" rating and a $250.00 price objective on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $213.67.

Take-Two Interactive Software Stock Up 0.4%

NASDAQ TTWO traded up $0.80 during trading hours on Friday, hitting $226.25. 1,523,718 shares of the company traded hands, compared to its average volume of 1,709,342. The business's 50-day moving average is $212.73 and its 200-day moving average is $196.55. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $238.00. 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 market capitalization of $39.93 billion, a price-to-earnings ratio of -10.61, a P/E/G ratio of 6.83 and a beta of 1.08.

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.