Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Purchased by Unisphere Establishment

Unisphere Establishment boosted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,400 shares of the company's stock after acquiring an additional 1,400 shares during the quarter. Unisphere Establishment's holdings in Take-Two Interactive Software were worth $6,701,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TTWO. Wealthfront Advisers LLC grew 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 valued at $26,223,853,000 after purchasing an additional 142,450,266 shares during the last quarter. Norges Bank acquired a new position in shares of Take-Two Interactive Software during the fourth quarter valued at $495,086,000. Raymond James Financial Inc. bought a new stake in Take-Two Interactive Software in the 4th quarter valued at about $115,133,000. Capital International Investors boosted its stake in 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 purchasing an additional 424,893 shares during the period. Finally, FMR LLC raised its holdings in shares of Take-Two Interactive Software by 67.7% during the fourth quarter. FMR LLC now owns 960,654 shares of the company's stock valued at $176,837,000 after buying an additional 387,923 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Up 2.3 %

NASDAQ:TTWO opened at $230.71 on Wednesday. The stock's fifty day moving average price is $209.81 and its two-hundred day moving average price is $192.35. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $232.91. 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 company has a market cap of $40.72 billion, a price-to-earnings ratio of -10.82, a P/E/G ratio of 6.83 and a beta of 1.01.

Wall Street Analyst Weigh In

TTWO has been the subject of several research analyst reports. Ascendiant Capital Markets upped their price objective on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. Wedbush restated an "outperform" rating and set a $215.00 price target on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Raymond James restated an "outperform" rating and set a $220.00 price target (up from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. UBS Group upgraded shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Finally, Morgan Stanley dropped their target price on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $213.86.

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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