Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Acquired by NEOS Investment Management LLC

NEOS Investment Management LLC increased its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 19.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,081 shares of the company's stock after buying an additional 2,832 shares during the period. NEOS Investment Management LLC's holdings in Take-Two Interactive Software were worth $3,144,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in TTWO. Davis R M Inc. grew its holdings in shares of Take-Two Interactive Software by 4.9% in the 4th quarter. Davis R M Inc. now owns 229,426 shares of the company's stock worth $42,233,000 after acquiring an additional 10,701 shares during the period. Fiduciary Alliance LLC purchased a new position in shares of Take-Two Interactive Software in the fourth quarter valued at $734,000. Paloma Partners Management Co acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter worth $20,290,000. Legacy Trust boosted its position 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 worth $4,744,000 after buying an additional 2,115 shares in the last quarter. Finally, Summit Place Financial Advisors LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at about $748,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Up 0.8 %

NASDAQ:TTWO traded up $1.67 on Tuesday, hitting $208.92. 1,051,374 shares of the stock were exchanged, compared to its average volume of 1,597,416. The stock has a market cap of $36.87 billion, a PE ratio of -9.78, a PEG ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $220.93. 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 has a fifty day moving average of $203.65 and a 200-day moving average of $183.42.

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Analyst Ratings Changes

TTWO has been the topic of several recent research reports. Ascendiant Capital Markets upped their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Citigroup upped their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a "buy" rating in a research note on Wednesday, December 11th. Wedbush reissued an "outperform" rating and set a $215.00 price target on shares of Take-Two Interactive Software in a research report on Friday, February 7th. StockNews.com cut Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Monday, February 10th. Finally, JPMorgan Chase & Co. lifted their price objective on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $213.38.

Take-Two Interactive Software Company 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.