Discovery Capital Management LLC CT Has $33.13 Million Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Discovery Capital Management LLC CT cut its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 6.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 179,957 shares of the company's stock after selling 13,000 shares during the quarter. Take-Two Interactive Software makes up 2.3% of Discovery Capital Management LLC CT's portfolio, making the stock its 14th largest position. Discovery Capital Management LLC CT owned 0.10% of Take-Two Interactive Software worth $33,126,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Itau Unibanco Holding S.A. acquired a new stake in Take-Two Interactive Software in the 3rd quarter valued at about $27,000. Assetmark Inc. raised its position 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 during the last quarter. Versant Capital Management Inc boosted its position in Take-Two Interactive Software by 87.0% in the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock valued at $34,000 after buying an additional 87 shares during the last quarter. Friedenthal Financial bought a new position in Take-Two Interactive Software in the 4th quarter valued at $50,000. Finally, First Horizon Advisors Inc. increased its stake 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 valued at $51,000 after buying an additional 54 shares during the period. 95.46% of the stock is owned by institutional investors.

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Take-Two Interactive Software Stock Down 1.0 %

NASDAQ TTWO traded down $2.17 on Thursday, reaching $208.93. The company had a trading volume of 2,323,909 shares, compared to its average volume of 1,605,205. The company's fifty day moving average is $204.61 and its 200-day moving average is $184.02. The firm has a market capitalization of $36.88 billion, a price-to-earnings ratio of -9.80, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. 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, Inc. has a 1-year low of $135.24 and a 1-year high of $220.93.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TTWO shares. The Goldman Sachs Group raised their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a report on Friday, February 7th. Oppenheimer lifted their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock 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 boosted their price target for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Raymond James reaffirmed an "outperform" rating and issued a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, Wedbush reiterated an "outperform" rating and set a $215.00 target price on shares of Take-Two Interactive Software in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock 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.