Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Bought by iA Global Asset Management Inc.

iA Global Asset Management Inc. lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 208.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 61,170 shares of the company's stock after purchasing an additional 41,332 shares during the quarter. iA Global Asset Management Inc.'s holdings in Take-Two Interactive Software were worth $11,260,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of TTWO. First Horizon Advisors Inc. lifted its position in shares of Take-Two Interactive Software by 24.2% in the 4th 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 period. Fifth Third Bancorp raised its stake in Take-Two Interactive Software by 0.3% in the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company's stock worth $3,157,000 after buying an additional 57 shares in the last quarter. Principal Securities Inc. lifted its holdings in Take-Two Interactive Software by 6.0% during the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock worth $189,000 after buying an additional 58 shares during the period. Y.D. More Investments Ltd boosted its position in Take-Two Interactive Software by 2.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock valued at $563,000 after acquiring an additional 61 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its holdings in shares of Take-Two Interactive Software by 2.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company's stock valued at $542,000 after acquiring an additional 73 shares during the period. Institutional investors own 95.46% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group raised their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Ascendiant Capital Markets lifted their price objective on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. Oppenheimer increased their target price on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research report on Tuesday, January 21st. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Finally, Benchmark reiterated a "buy" rating and set a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $213.38.

Take-Two Interactive Software Stock Performance

Shares of TTWO traded up $0.04 during mid-day trading on Monday, reaching $213.51. The company had a trading volume of 1,452,909 shares, compared to its average volume of 1,553,732. The stock has a market capitalization of $37.68 billion, a P/E ratio of -10.01, a PEG ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 52-week low of $135.24 and a 52-week high of $218.75. The stock has a 50 day moving average of $200.69 and a two-hundred day moving average of $181.36. 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 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.