Pictet Asset Management Holding SA Purchases 17,226 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Pictet Asset Management Holding SA boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 20.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 102,601 shares of the company's stock after buying an additional 17,226 shares during the period. Pictet Asset Management Holding SA owned 0.06% of Take-Two Interactive Software worth $18,887,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software in the third quarter worth $27,000. Assetmark Inc. lifted its stake in Take-Two Interactive Software by 155.9% in the 4th quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after purchasing an additional 106 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock valued at $34,000 after purchasing an additional 87 shares during the last quarter. Friedenthal Financial purchased a new position in shares of Take-Two Interactive Software during the fourth quarter valued at about $50,000. Finally, First Horizon Advisors Inc. increased its holdings in shares of Take-Two Interactive Software by 24.2% in the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company's stock worth $51,000 after purchasing an additional 54 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TTWO has been the subject of a number of research reports. JPMorgan Chase & Co. increased their price target on 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. Benchmark reissued a "buy" rating and issued a $225.00 target price (up from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Oppenheimer upped their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research note on Tuesday, January 21st. StockNews.com cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. Finally, Raymond James restated an "outperform" rating and issued a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. One research 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's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $213.38.

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Take-Two Interactive Software Trading Down 1.0 %

TTWO traded down $2.17 on Thursday, reaching $208.93. 2,323,909 shares of the company traded hands, compared to its average volume of 1,605,123. The company has a market cap of $36.88 billion, a P/E ratio of -9.80, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $220.93. The firm has a fifty day simple moving average of $205.12 and a two-hundred day simple moving average of $184.19.

About Take-Two Interactive Software

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.