Lighthouse Investment Partners LLC lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 234.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,000 shares of the company's stock after purchasing an additional 51,164 shares during the period. Lighthouse Investment Partners LLC's holdings in Take-Two Interactive Software were worth $13,438,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Wealthfront Advisers LLC boosted its holdings in shares of Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares during the last quarter. Norges Bank purchased a new position in Take-Two Interactive Software during the fourth quarter worth about $495,086,000. Raymond James Financial Inc. acquired a new stake in Take-Two Interactive Software in the 4th quarter worth about $115,133,000. Alyeska Investment Group L.P. grew its holdings in Take-Two Interactive Software by 74.3% in 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 buying an additional 574,326 shares during the period. Finally, Capital International Investors increased its stake in shares of 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 acquiring an additional 424,893 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.
Take-Two Interactive Software Stock Up 1.2%
Shares of NASDAQ:TTWO traded up $2.84 during trading on Thursday, hitting $232.34. The company's stock had a trading volume of 3,071,290 shares, compared to its average volume of 1,720,124. The company has a market capitalization of $41.01 billion, a PE ratio of -10.89, a PEG ratio of 6.83 and a beta of 1.08. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week 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's 50-day moving average price is $213.83 and its two-hundred day moving average price is $197.42.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.35). Take-Two Interactive Software had a negative net margin of 67.07% and a positive return on equity of 0.73%. As a group, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.
Wall Street Analysts Forecast Growth
TTWO has been the subject of several research analyst reports. DA Davidson assumed coverage on shares of Take-Two Interactive Software in a research report on Tuesday, February 18th. They set a "buy" rating and a $250.00 price target for the company. Benchmark restated a "buy" rating and set a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Wedbush reiterated an "outperform" rating and issued a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. BMO Capital Markets restated an "outperform" rating and set a $236.00 price target (down from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. Finally, Ascendiant Capital Markets raised their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. 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 stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and a consensus target price of $213.67.
Get Our Latest Stock Report on TTWO
About Take-Two Interactive Software
(
Free Report)
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.
Further Reading
Before you consider Take-Two Interactive Software, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Take-Two Interactive Software wasn't on the list.
While Take-Two Interactive Software currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
