Arizona State Retirement System Raises Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Arizona State Retirement System grew its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 6.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 50,888 shares of the company's stock after acquiring an additional 3,256 shares during the period. Arizona State Retirement System's holdings in Take-Two Interactive Software were worth $9,367,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Itau Unibanco Holding S.A. purchased a new stake in Take-Two Interactive Software in the third quarter valued at approximately $27,000. Truvestments Capital LLC acquired a new stake in shares of Take-Two Interactive Software in the third quarter valued at $31,000. Assetmark Inc. raised its holdings in shares of Take-Two Interactive Software by 155.9% in the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock valued at $32,000 after buying an additional 106 shares during the period. Versant Capital Management Inc lifted its stake in Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after acquiring an additional 87 shares in the last quarter. Finally, Catalyst Capital Advisors LLC boosted its holdings in Take-Two Interactive Software by 69.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company's stock valued at $43,000 after acquiring an additional 115 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Wedbush reiterated an "outperform" rating and set a $215.00 price target on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Citigroup increased their target price on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. DA Davidson began coverage on Take-Two Interactive Software in a research report on Tuesday, February 18th. They set a "buy" rating and a $250.00 price objective on the stock. Raymond James reiterated an "outperform" rating and issued a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, Oppenheimer boosted their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $213.38.

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Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock traded down $2.40 on Monday, hitting $201.93. The stock had a trading volume of 1,882,207 shares, compared to its average volume of 1,797,439. The stock has a market cap of $35.64 billion, a price-to-earnings ratio of -9.47, a P/E/G ratio of 6.83 and a beta of 0.82. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $218.75. The company's 50 day moving average price is $195.58 and its 200 day moving average price is $177.68.

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.