Fisher Asset Management LLC Purchases New Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Fisher Asset Management LLC bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,405 shares of the company's stock, valued at approximately $259,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Itau Unibanco Holding S.A. bought a new position in Take-Two Interactive Software in the 3rd quarter worth about $27,000. Truvestments Capital LLC bought a new stake in Take-Two Interactive Software during the third quarter valued at approximately $31,000. Versant Capital Management Inc raised its position in shares of 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 buying an additional 87 shares in the last quarter. AM Squared Ltd purchased a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at $46,000. Finally, Friedenthal Financial bought a new stake in shares of Take-Two Interactive Software during the 4th quarter worth $50,000. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Up 0.9 %

TTWO traded up $1.87 during trading on Tuesday, reaching $203.80. The stock had a trading volume of 1,543,307 shares, compared to its average volume of 1,791,939. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $218.75. The company has a market capitalization of $35.97 billion, a price-to-earnings ratio of -9.55, 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. The stock's 50 day moving average is $195.92 and its two-hundred day moving average is $177.99.

Remove Ads

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group raised their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Ascendiant Capital Markets raised their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Raymond James reaffirmed an "outperform" rating and issued a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Wedbush restated an "outperform" rating and issued a $215.00 price objective on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and set a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and a consensus price target 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.