Fmr LLC Has $176.84 Million Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

FMR LLC raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 67.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 960,654 shares of the company's stock after buying an additional 387,923 shares during the period. FMR LLC owned 0.55% of Take-Two Interactive Software worth $176,837,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TTWO. Assetmark Inc. grew its position in Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after acquiring an additional 106 shares during the last quarter. Versant Capital Management Inc boosted its stake in Take-Two Interactive Software by 87.0% in the fourth 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 acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at $50,000. First Horizon Advisors Inc. lifted its position in Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after buying an additional 54 shares in the last quarter. Finally, Mizuho Bank Ltd. bought a new stake in Take-Two Interactive Software during the 4th quarter worth about $53,000. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Trading Up 0.8 %

Shares of TTWO stock traded up $1.65 on Tuesday, hitting $214.60. The stock had a trading volume of 1,266,924 shares, compared to its average volume of 1,636,868. 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 twelve month low of $135.24 and a twelve month high of $220.93. The company has a fifty day moving average price of $208.72 and a two-hundred day moving average price of $187.85. The firm has a market cap of $37.88 billion, a P/E ratio of -10.06, a PEG ratio of 6.83 and a beta of 1.01.

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Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. DA Davidson initiated coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a "buy" rating and a $250.00 target price for the company. UBS Group upgraded shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $175.00 to $230.00 in a research report on Monday, January 27th. Wedbush reiterated an "outperform" rating and issued a $215.00 price objective on shares of Take-Two Interactive Software in a research report on Friday, February 7th. 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 report on Tuesday, January 21st. Finally, Ascendiant Capital Markets raised their price target 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. One investment 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 company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $213.38.

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.