Parallel Advisors LLC Has $4.41 Million Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Parallel Advisors LLC lowered its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 16.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 23,963 shares of the company's stock after selling 4,729 shares during the period. Parallel Advisors LLC's holdings in Take-Two Interactive Software were worth $4,411,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of TTWO. Wealthfront Advisers LLC grew its position in Take-Two Interactive Software by 1,630,798.7% in the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares during the last quarter. State Street Corp boosted its position in shares of Take-Two Interactive Software by 8.8% during the third quarter. State Street Corp now owns 10,899,267 shares of the company's stock worth $1,675,241,000 after buying an additional 880,816 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Take-Two Interactive Software by 13.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company's stock worth $828,994,000 after buying an additional 648,982 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at approximately $115,133,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Take-Two Interactive Software by 10.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company's stock valued at $651,817,000 after acquiring an additional 417,325 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

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Analyst Ratings Changes

A number of brokerages have issued reports on TTWO. Moffett Nathanson increased their price target 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. Ascendiant Capital Markets raised their target price on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. Oppenheimer boosted their price target on shares of 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. Wedbush restated an "outperform" rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, The Goldman Sachs Group boosted their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and an average target price of $213.38.

Take-Two Interactive Software Trading Up 1.8 %

Shares of TTWO stock traded up $3.84 during trading hours on Friday, reaching $213.47. The company had a trading volume of 3,631,730 shares, compared to its average volume of 1,556,862. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $218.75. The company has a 50 day moving average of $199.29 and a 200 day moving average of $180.27. The firm has a market cap of $37.68 billion, a price-to-earnings ratio of -10.01, a P/E/G ratio of 6.83 and a beta of 0.82.

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.