Jag Capital Management LLC Purchases 78,857 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Jag Capital Management LLC increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 4,450.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,629 shares of the company's stock after acquiring an additional 78,857 shares during the period. Take-Two Interactive Software comprises about 2.1% of Jag Capital Management LLC's holdings, making the stock its 17th largest holding. Jag Capital Management LLC's holdings in Take-Two Interactive Software were worth $14,842,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. US Bancorp DE grew its holdings in Take-Two Interactive Software by 4.4% in the 3rd quarter. US Bancorp DE now owns 33,389 shares of the company's stock worth $5,132,000 after acquiring an additional 1,394 shares during the last quarter. Stephens Inc. AR boosted its holdings in shares of Take-Two Interactive Software by 5.0% during the third quarter. Stephens Inc. AR now owns 4,937 shares of the company's stock worth $759,000 after purchasing an additional 236 shares during the period. Asset Management One Co. Ltd. grew its stake in shares of Take-Two Interactive Software by 10.9% in the third quarter. Asset Management One Co. Ltd. now owns 65,941 shares of the company's stock worth $10,136,000 after purchasing an additional 6,476 shares during the last quarter. QRG Capital Management Inc. increased its holdings in Take-Two Interactive Software by 6.0% during the 3rd quarter. QRG Capital Management Inc. now owns 18,177 shares of the company's stock valued at $2,794,000 after purchasing an additional 1,032 shares during the period. Finally, Catalyst Capital Advisors LLC raised its position in Take-Two Interactive Software by 69.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company's stock valued at $43,000 after purchasing an additional 115 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

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Take-Two Interactive Software Stock Down 1.7 %

Shares of NASDAQ:TTWO traded down $3.54 during trading on Friday, reaching $204.33. 1,889,345 shares of the stock traded hands, compared to its average volume of 1,795,505. The stock has a market cap of $36.06 billion, a P/E ratio of -9.58, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a 50-day moving average of $195.22 and a two-hundred day moving average of $177.03. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $218.75.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Benchmark reiterated a "buy" rating and issued a $225.00 price objective (up from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Roth Mkm boosted their price objective on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a "buy" rating in a research report on Tuesday, November 19th. BMO Capital Markets reaffirmed an "outperform" rating and issued a $240.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. JPMorgan Chase & Co. lifted 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. Finally, UBS Group raised Take-Two Interactive Software from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $175.00 to $230.00 in a research report on Monday, January 27th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target 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.