Primecap Management Co. CA Takes Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Primecap Management Co. CA purchased a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 17,639 shares of the company's stock, valued at approximately $3,247,000.

A number of other hedge funds have also modified their holdings of the business. Itau Unibanco Holding S.A. purchased a new position in Take-Two Interactive Software during the third quarter worth about $27,000. Assetmark Inc. lifted its position in shares of Take-Two Interactive Software by 155.9% during the fourth 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 stake in shares of Take-Two Interactive Software by 87.0% in the fourth 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 period. Truvestments Capital LLC acquired a new position in shares of Take-Two Interactive Software in the third quarter valued at approximately $31,000. Finally, Friedenthal Financial purchased a new stake in Take-Two Interactive Software during the 4th quarter worth approximately $50,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on TTWO. Citigroup boosted their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Wednesday, December 11th. 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 report on Wednesday, December 18th. Moffett Nathanson boosted their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and raised their target price for the company from $175.00 to $230.00 in a report on Monday, January 27th. Finally, BMO Capital Markets reiterated an "outperform" rating and set a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and a consensus price target of $213.38.

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Take-Two Interactive Software Stock Performance

NASDAQ:TTWO traded up $0.04 during mid-day trading on Monday, reaching $213.51. 1,452,909 shares of the stock were exchanged, compared to its average volume of 1,553,731. The stock has a market capitalization of $37.68 billion, a P/E ratio of -10.01, a P/E/G ratio of 6.83 and a beta of 0.82. 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 simple moving average of $199.99 and a 200-day simple moving average of $180.96. 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 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.