Maytus Capital Management LLC Has $6.69 Million Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Maytus Capital Management LLC reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 20.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 36,345 shares of the company's stock after selling 9,155 shares during the quarter. Take-Two Interactive Software makes up 2.3% of Maytus Capital Management LLC's portfolio, making the stock its 14th largest holding. Maytus Capital Management LLC's holdings in Take-Two Interactive Software were worth $6,690,000 at the end of the most recent quarter.

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

Take-Two Interactive Software Stock Down 0.1%

Shares of NASDAQ:TTWO opened at $226.25 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $238.00. The company has a market capitalization of $39.93 billion, a PE ratio of -10.61, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. The company has a fifty day moving average of $212.96 and a 200-day moving average of $197.00.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TTWO. Stifel Nicolaus raised their target price on shares of 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. Benchmark reaffirmed a "buy" rating and set a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Moffett Nathanson lifted their price objective on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a report on Friday, February 7th. StockNews.com lowered shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. Finally, Morgan Stanley cut their price target on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $213.67.

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.

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