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

Proficio Capital Partners LLC acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the fourth quarter, according to the company in its most recent Form 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 about 0.08% of Take-Two Interactive Software at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Itau Unibanco Holding S.A. bought a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at $27,000. Truvestments Capital LLC bought a new position in Take-Two Interactive Software during the third quarter valued at about $31,000. Versant Capital Management Inc lifted its position 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 worth $34,000 after buying an additional 87 shares during the last quarter. Catalyst Capital Advisors LLC boosted its stake in shares of Take-Two Interactive Software by 69.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company's stock worth $43,000 after acquiring an additional 115 shares in the last quarter. Finally, AM Squared Ltd bought a new stake in shares of Take-Two Interactive Software during the 3rd quarter worth about $46,000. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

NASDAQ TTWO traded up $0.34 on Tuesday, reaching $208.39. The company's stock had a trading volume of 1,139,460 shares, compared to its average volume of 1,757,467. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $218.75. 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 firm has a market cap of $36.78 billion, a PE ratio of -9.78, a price-to-earnings-growth ratio of 6.83 and a beta of 0.89. The business has a 50-day moving average price of $193.75 and a 200 day moving average price of $176.13.

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Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. UBS Group upgraded Take-Two Interactive Software from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Stifel Nicolaus lifted their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a research report on Tuesday, January 21st. Morgan Stanley upped their price objective on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, November 7th. JPMorgan Chase & Co. lifted their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a report on Wednesday, December 18th. Finally, Moffett Nathanson upped their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating 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 issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus 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.