Rip Road Capital Partners LP lessened its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 25.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,137 shares of the company's stock after selling 22,583 shares during the quarter. Take-Two Interactive Software makes up about 10.1% of Rip Road Capital Partners LP's portfolio, making the stock its biggest position. Rip Road Capital Partners LP's holdings in Take-Two Interactive Software were worth $11,990,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealthfront Advisers LLC increased its position in 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 valued at $26,223,853,000 after buying an additional 142,450,266 shares in the last quarter. Vanguard Group Inc. increased its position in Take-Two Interactive Software by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company's stock valued at $3,563,690,000 after buying an additional 99,909 shares in the last quarter. Capital International Investors increased its position 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 buying an additional 424,893 shares in the last quarter. Ameriprise Financial Inc. increased its position in 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 buying an additional 13,555 shares in 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 valued at $754,671,000 after buying an additional 99,279 shares in the last quarter. Institutional investors own 95.46% of the company's stock.
Take-Two Interactive Software Price Performance
TTWO stock traded down $5.60 during mid-day trading on Friday, reaching $226.74. 4,376,875 shares of the company's stock were exchanged, compared to its average volume of 1,707,256. The company has a market cap of $40.02 billion, a price-to-earnings ratio of -10.63, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08. The stock's 50 day moving average is $214.89 and its 200 day moving average is $198.61. 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.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on TTWO. Oppenheimer upped their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research report on Tuesday, January 21st. Raymond James reissued an "outperform" rating and issued a $250.00 price objective (up from $240.00) on shares of Take-Two Interactive Software in a report on Friday. JPMorgan Chase & Co. increased their price objective on Take-Two Interactive Software from $225.00 to $250.00 and gave the company an "overweight" rating in a report on Friday. The Goldman Sachs Group increased their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a report on Friday, February 7th. Finally, StockNews.com raised Take-Two Interactive Software from a "sell" rating to a "hold" rating in a report on Tuesday, May 13th. Two equities 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's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $225.48.
Check Out Our Latest Stock Analysis on Take-Two Interactive Software
Take-Two Interactive Software Profile
(
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.
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