Amundi Acquires 317,048 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Amundi grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 74.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 741,045 shares of the company's stock after buying an additional 317,048 shares during the quarter. Amundi owned 0.42% of Take-Two Interactive Software worth $136,160,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. First Horizon Advisors Inc. grew its holdings in shares of Take-Two Interactive Software by 24.2% during the fourth 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 last quarter. Fifth Third Bancorp grew its holdings in shares of Take-Two Interactive Software by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company's stock valued at $3,157,000 after buying an additional 57 shares during the last quarter. Principal Securities Inc. grew its holdings in shares of Take-Two Interactive Software by 6.0% during the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company's stock valued at $189,000 after buying an additional 58 shares during the last quarter. Y.D. More Investments Ltd grew its holdings in shares of Take-Two Interactive Software by 2.0% during the fourth quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company's stock valued at $563,000 after buying an additional 61 shares during the last quarter. Finally, Huntington National Bank boosted its holdings in Take-Two Interactive Software by 9.3% in the third quarter. Huntington National Bank now owns 896 shares of the company's stock worth $138,000 after purchasing an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Remove Ads

Take-Two Interactive Software Price Performance

NASDAQ TTWO traded up $1.87 on Tuesday, reaching $203.80. The company had a trading volume of 1,543,457 shares, compared to its average volume of 1,791,949. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $35.97 billion, a PE ratio of -9.55, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The firm's 50 day moving average price is $196.32 and its 200 day moving average price is $178.30. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $218.75.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. raised 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. Raymond James restated an "outperform" rating and issued a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. BMO Capital Markets restated an "outperform" rating and issued a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Moffett Nathanson raised their target price on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Finally, Ascendiant Capital Markets raised their target price on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $213.38.

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.