Geode Capital Management LLC increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 2.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,110,469 shares of the company's stock after acquiring an additional 99,279 shares during the period. Geode Capital Management LLC owned approximately 2.34% of Take-Two Interactive Software worth $754,671,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Davis R M Inc. increased its holdings in shares of Take-Two Interactive Software by 4.9% in the fourth quarter. Davis R M Inc. now owns 229,426 shares of the company's stock worth $42,233,000 after purchasing an additional 10,701 shares during the period. Fiduciary Alliance LLC bought a new position in Take-Two Interactive Software in the 4th quarter worth about $734,000. Legacy Trust raised its holdings in shares of Take-Two Interactive Software by 8.9% in the 4th quarter. Legacy Trust now owns 25,772 shares of the company's stock valued at $4,744,000 after acquiring an additional 2,115 shares in the last quarter. Summit Place Financial Advisors LLC bought a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at about $748,000. Finally, Fisher Asset Management LLC purchased a new position in shares of Take-Two Interactive Software during the fourth quarter worth about $259,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.
Take-Two Interactive Software Trading Down 6.9 %
TTWO traded down $14.35 during trading on Friday, hitting $194.58. 3,683,743 shares of the stock traded hands, compared to its average volume of 1,613,812. The firm has a market capitalization of $34.34 billion, a P/E ratio of -9.12, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $220.93. 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 firm has a 50-day moving average of $205.30 and a 200 day moving average of $184.48.
Analyst Upgrades and Downgrades
TTWO has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their target price 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. The Goldman Sachs Group raised their price objective on shares of 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. UBS Group upgraded 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 research report on Monday, January 27th. Moffett Nathanson increased their target price 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. Finally, Stifel Nicolaus lifted their price target on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a research note on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $213.38.
View Our Latest Stock Report on Take-Two Interactive Software
Take-Two Interactive Software Company Profile
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Free Report)
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.
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