Bryce Point Capital LLC Takes $1.63 Million Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Bryce Point Capital LLC acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,844 shares of the company's stock, valued at approximately $1,628,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Itau Unibanco Holding S.A. bought a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $27,000. Assetmark Inc. increased its position in Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after acquiring an additional 106 shares during the period. Versant Capital Management Inc raised 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 valued at $34,000 after purchasing an additional 87 shares during the last quarter. Friedenthal Financial bought a new stake in Take-Two Interactive Software in the 4th quarter valued at $50,000. Finally, First Horizon Advisors Inc. grew its position in Take-Two Interactive Software by 24.2% in 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 last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. StockNews.com lowered Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. Stifel Nicolaus upped their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a research note on Tuesday, January 21st. Citigroup raised their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Wednesday, December 11th. UBS Group upgraded Take-Two Interactive Software from a "neutral" rating to a "buy" rating and upped their price objective for the company from $175.00 to $230.00 in a research note on Monday, January 27th. Finally, Moffett Nathanson boosted their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and a consensus target price of $213.38.

Remove Ads

Take-Two Interactive Software Trading Down 6.9 %

NASDAQ TTWO traded down $14.35 on Friday, reaching $194.58. The company had a trading volume of 3,683,743 shares, compared to its average volume of 1,613,812. The company has a quick ratio of 0.83, a current 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 $220.93. The stock has a market cap of $34.34 billion, a price-to-earnings ratio of -9.12, a PEG ratio of 6.83 and a beta of 0.82. The stock's 50 day moving average is $205.30 and its 200-day moving average is $184.48.

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.