Interval Partners LP Sells 283,066 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Interval Partners LP lowered its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 50.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 282,929 shares of the company's stock after selling 283,066 shares during the period. Take-Two Interactive Software makes up 1.0% of Interval Partners LP's portfolio, making the stock its 21st biggest position. Interval Partners LP owned about 0.16% of Take-Two Interactive Software worth $52,082,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. J. Goldman & Co LP purchased a new stake in Take-Two Interactive Software in the 4th quarter worth approximately $14,667,000. Janus Henderson Group PLC raised its holdings in shares of Take-Two Interactive Software by 23.7% during the fourth quarter. Janus Henderson Group PLC now owns 21,777 shares of the company's stock worth $4,010,000 after acquiring an additional 4,174 shares in the last quarter. Hudson Bay Capital Management LP acquired a new stake in Take-Two Interactive Software during the fourth quarter valued at $2,197,000. Focus Partners Wealth grew its stake in Take-Two Interactive Software by 9,096.5% in the fourth quarter. Focus Partners Wealth now owns 184,758 shares of the company's stock valued at $34,166,000 after purchasing an additional 182,749 shares in the last quarter. Finally, Ethic Inc. grew its stake in Take-Two Interactive Software by 20.9% in the fourth quarter. Ethic Inc. now owns 23,254 shares of the company's stock valued at $4,281,000 after purchasing an additional 4,012 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Analysts Set New Price Targets

TTWO has been the subject of several research reports. Ascendiant Capital Markets lifted their price target on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Moffett Nathanson lifted their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. UBS Group upgraded shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and increased their price target for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Benchmark reaffirmed a "buy" rating and issued a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, Stifel Nicolaus upped their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $213.67.

Take-Two Interactive Software Stock Performance

TTWO stock traded up $3.34 during trading on Wednesday, reaching $229.50. 2,139,625 shares of the stock were exchanged, compared to its average volume of 1,714,684. 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 current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $40.51 billion, a P/E ratio of -10.76, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. The stock has a 50 day simple moving average of $213.83 and a 200-day simple moving average of $197.42.

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.