J. Goldman & Co LP Buys New Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

J. Goldman & Co LP bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 79,677 shares of the company's stock, valued at approximately $14,667,000.

A number of other institutional investors have also made changes to their positions in TTWO. Davis R M Inc. boosted its holdings in Take-Two Interactive Software by 4.9% in the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company's stock worth $42,233,000 after purchasing an additional 10,701 shares during the period. Landscape Capital Management L.L.C. bought a new position in shares of Take-Two Interactive Software in the 4th quarter worth about $1,442,000. Fiduciary Alliance LLC acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $734,000. Legacy Trust raised its stake in Take-Two Interactive Software by 8.9% during the fourth quarter. Legacy Trust now owns 25,772 shares of the company's stock worth $4,744,000 after acquiring an additional 2,115 shares during the period. Finally, Summit Place Financial Advisors LLC bought a new position in Take-Two Interactive Software in the fourth quarter worth about $748,000. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock traded down $5.60 on Friday, hitting $226.74. The company had a trading volume of 4,376,272 shares, compared to its average volume of 1,730,348. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $239.80. 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 company has a market cap of $40.02 billion, a PE ratio of -10.63, a PEG ratio of 6.83 and a beta of 1.08. The business has a 50-day simple moving average of $214.44 and a 200-day simple moving average of $197.92.

Analyst Ratings Changes

Several equities analysts have recently commented on TTWO shares. Benchmark upped their target price on Take-Two Interactive Software from $225.00 to $250.00 and gave the company a "buy" rating in a report on Friday. JPMorgan Chase & Co. upped their price objective on Take-Two Interactive Software from $225.00 to $250.00 and gave the stock an "overweight" rating in a research note on Friday. Moffett Nathanson increased their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. StockNews.com raised shares of Take-Two Interactive Software from a "sell" rating to a "hold" rating in a report on Tuesday. Finally, Wedbush reaffirmed an "outperform" rating and issued a $269.00 price objective (up previously from $253.00) on shares of Take-Two Interactive Software in a report on Friday. Two research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and an average target price of $223.33.

About Take-Two Interactive Software

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.