Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by Totem Point Management LLC

Totem Point Management LLC lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 122.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,401 shares of the company's stock after acquiring an additional 33,202 shares during the quarter. Take-Two Interactive Software accounts for about 11.8% of Totem Point Management LLC's holdings, making the stock its 3rd biggest position. Totem Point Management LLC's holdings in Take-Two Interactive Software were worth $11,119,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of TTWO. First Horizon Advisors Inc. boosted its position in Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after purchasing an additional 54 shares during the period. Fifth Third Bancorp lifted its stake in shares of Take-Two Interactive Software by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company's stock worth $3,157,000 after purchasing an additional 57 shares in the last quarter. Principal Securities Inc. boosted its position in shares of Take-Two Interactive Software by 6.0% in the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock worth $189,000 after buying an additional 58 shares during the period. Y.D. More Investments Ltd grew its stake in shares of Take-Two Interactive Software by 2.0% in the fourth quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock valued at $563,000 after buying an additional 61 shares in the last quarter. Finally, Avantax Advisory Services Inc. raised its holdings in shares of Take-Two Interactive Software by 2.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company's stock valued at $542,000 after buying an additional 73 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO traded down $1.04 during trading on Monday, reaching $224.34. 802,072 shares of the company's stock traded hands, compared to its average volume of 1,642,386. The stock has a market capitalization of $39.60 billion, a P/E ratio of -10.53, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $228.84. The company has a 50 day moving average of $209.30 and a 200-day moving average of $191.59. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.

Analyst Ratings Changes

A number of research firms have weighed in on TTWO. Morgan Stanley decreased their price target on Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Wedbush restated an "outperform" rating and issued a $215.00 target price on shares of Take-Two Interactive Software in a research note on Friday, February 7th. The Goldman Sachs Group lifted their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Moffett Nathanson upped 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 research report on Friday, February 7th. Finally, StockNews.com lowered Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and a consensus target price of $213.86.

Take-Two Interactive Software 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.