Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Holdings Cut by Gabelli Funds LLC

Gabelli Funds LLC lowered its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,855 shares of the company's stock after selling 1,925 shares during the period. Gabelli Funds LLC's holdings in Take-Two Interactive Software were worth $9,730,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in TTWO. Assetmark Inc. raised its position in shares of 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 buying an additional 106 shares during the period. Versant Capital Management Inc increased its stake in Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after acquiring an additional 87 shares during the last quarter. Friedenthal Financial acquired a new stake in Take-Two Interactive Software during the fourth quarter worth about $50,000. First Horizon Advisors Inc. raised its holdings 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. Finally, Mizuho Bank Ltd. acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $53,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TTWO. Wedbush reissued 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. Morgan Stanley dropped their price objective on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating for the company in a research report on Thursday. Moffett Nathanson lifted their target price 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. The Goldman Sachs Group upped their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Finally, UBS Group raised Take-Two Interactive Software from a "neutral" rating to a "buy" rating and raised their price objective for the company from $175.00 to $230.00 in a research report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $213.86.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO traded up $1.37 during trading hours on Friday, reaching $212.77. 1,059,749 shares of the stock were exchanged, compared to its average volume of 1,629,313. The stock has a market capitalization of $37.55 billion, a P/E ratio of -9.98, a P/E/G ratio of 6.83 and a beta of 1.01. The firm has a 50 day simple moving average of $208.83 and a 200-day simple moving average of $189.11. 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, Inc. has a 52 week low of $135.24 and a 52 week high of $220.93.

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.