Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Stock Position Trimmed by Soma Equity Partners LP

Soma Equity Partners LP cut its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 22.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 774,215 shares of the company's stock after selling 225,642 shares during the period. Take-Two Interactive Software accounts for 7.9% of Soma Equity Partners LP's holdings, making the stock its 3rd largest position. Soma Equity Partners LP owned about 0.44% of Take-Two Interactive Software worth $142,517,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Wealthfront Advisers LLC grew its holdings in shares of Take-Two Interactive Software by 1,630,798.7% during the 4th 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 in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Take-Two Interactive Software by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company's stock worth $3,563,690,000 after acquiring an additional 99,909 shares during the last quarter. Capital International Investors boosted its stake in shares of Take-Two Interactive Software by 9.5% in the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company's stock valued at $899,036,000 after purchasing an additional 424,893 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Take-Two Interactive Software by 0.3% during the 4th quarter. Ameriprise Financial Inc. now owns 4,770,044 shares of the company's stock valued at $878,567,000 after purchasing an additional 13,555 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Take-Two Interactive Software by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 4,110,469 shares of the company's stock worth $754,671,000 after purchasing an additional 99,279 shares in the last quarter. Institutional investors own 95.46% of the company's stock.

Analyst Ratings Changes

TTWO has been the topic of a number of research reports. Ascendiant Capital Markets boosted their target price on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. BMO Capital Markets reaffirmed an "outperform" rating and issued a $236.00 target price (down previously from $240.00) on shares of Take-Two Interactive Software in a report on Monday, May 5th. Stifel Nicolaus increased their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a research report on Tuesday, January 21st. StockNews.com upgraded shares of Take-Two Interactive Software from a "sell" rating to a "hold" rating in a report on Tuesday, May 13th. Finally, DA Davidson raised their target price on Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday. Two research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and an average target price of $228.10.

Take-Two Interactive Software Stock Up 3.5%

Shares of TTWO stock traded up $7.92 during trading hours on Monday, reaching $234.66. The company had a trading volume of 2,189,417 shares, compared to its average volume of 1,709,185. The company has a market cap of $41.42 billion, a price-to-earnings ratio of -11.00, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $240.78. The business has a fifty day simple moving average of $215.48 and a 200-day simple moving average of $199.36.

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.