Proficio Capital Partners LLC Buys New Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Proficio Capital Partners LLC acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 132,169 shares of the company's stock, valued at approximately $24,330,000. Proficio Capital Partners LLC owned 0.08% of Take-Two Interactive Software at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. State Street Corp lifted its holdings 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 valued at $1,675,241,000 after purchasing an additional 880,816 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Take-Two Interactive Software by 13.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company's stock valued at $828,994,000 after purchasing an additional 648,982 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Take-Two Interactive Software by 10.9% during the third 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 purchasing an additional 417,325 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Take-Two Interactive Software by 3.5% during the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company's stock valued at $614,511,000 after purchasing an additional 134,767 shares during the last quarter. Finally, Paloma Partners Management Co purchased a new position in shares of Take-Two Interactive Software during the third quarter valued at approximately $20,290,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Wedbush reiterated an "outperform" rating and set a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. TD Cowen raised their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a "buy" rating in a research report on Friday, November 22nd. BMO Capital Markets reissued an "outperform" rating and set a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and raised their price target for the company from $175.00 to $230.00 in a research report on Monday, January 27th. Finally, Roth Mkm raised their price target 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. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and an average target price of $213.38.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock traded down $2.18 on Tuesday, hitting $204.32. 1,067,530 shares of the company's stock were exchanged, compared to its average volume of 1,554,886. The company has a 50-day simple moving average of $197.82 and a 200-day simple moving average of $179.56. The stock has a market capitalization of $36.06 billion, a PE ratio of -9.58, a PEG 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 debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83.

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.