Bessemer Group Inc. Sells 16,711 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Bessemer Group Inc. lowered its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,969,013 shares of the company's stock after selling 16,711 shares during the period. Bessemer Group Inc. owned about 1.12% of Take-Two Interactive Software worth $362,457,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of TTWO. Wealthfront Advisers LLC lifted its stake 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 valued at $26,223,853,000 after buying an additional 142,450,266 shares in the last quarter. Norges Bank purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $495,086,000. Raymond James Financial Inc. bought a new position in shares of Take-Two Interactive Software in the fourth quarter worth $115,133,000. FMR LLC grew its position in shares of Take-Two Interactive Software by 67.7% in the fourth quarter. FMR LLC now owns 960,654 shares of the company's stock valued at $176,837,000 after purchasing an additional 387,923 shares in the last quarter. Finally, Amundi raised its stake in shares of Take-Two Interactive Software by 74.8% during the 4th quarter. Amundi now owns 741,045 shares of the company's stock valued at $136,160,000 after purchasing an additional 317,048 shares during the period. Institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Trading Up 0.0 %

TTWO stock traded up $0.02 during trading on Monday, hitting $212.09. 477,594 shares of the company traded hands, compared to its average volume of 1,636,589. The company has a 50-day moving average of $207.52 and a 200-day moving average of $187.25. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $220.93. The firm has a market capitalization of $37.43 billion, a PE ratio of -9.94, a P/E/G ratio of 6.83 and a beta of 1.01.

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Analyst Ratings Changes

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the company an "overweight" rating in a report on Wednesday, December 18th. Stifel Nicolaus raised their price objective on shares of 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. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and upped their target price for the stock from $175.00 to $230.00 in a report on Monday, January 27th. The Goldman Sachs Group raised their price target on shares of 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 cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Monday, February 10th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $213.38.

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.