ExodusPoint Capital Management LP Makes New $6.06 Million Investment in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

ExodusPoint Capital Management LP purchased a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 32,941 shares of the company's stock, valued at approximately $6,064,000.

Several other large investors have also modified their holdings of TTWO. 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 buying an additional 106 shares in the last quarter. Versant Capital Management Inc increased its position 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 purchasing an additional 87 shares in the last quarter. Friedenthal Financial purchased a new stake in Take-Two Interactive Software during the 4th quarter worth about $50,000. First Horizon Advisors Inc. raised its stake 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 valued at $51,000 after purchasing an additional 54 shares during the last quarter. Finally, UMB Bank n.a. boosted its stake in shares of Take-Two Interactive Software by 36.3% during the 4th quarter. UMB Bank n.a. now owns 327 shares of the company's stock worth $60,000 after purchasing an additional 87 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TTWO has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an "overweight" rating in a research note on Wednesday, December 18th. StockNews.com downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. Wedbush restated an "outperform" rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a report on Friday, February 7th. Ascendiant Capital Markets increased 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. Finally, The Goldman Sachs Group boosted their target price 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. 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 company. Based on data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and a consensus target price of $213.38.

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Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO traded down $8.34 during midday trading on Thursday, reaching $199.79. 819,964 shares of the company traded hands, compared to its average volume of 1,630,175. The stock has a 50-day moving average price of $206.59 and a 200 day moving average price of $186.20. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $35.26 billion, a price-to-earnings ratio of -9.37, a PEG ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $220.93.

Take-Two Interactive Software Profile

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.