Tower Research Capital LLC TRC Purchases 12,255 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Tower Research Capital LLC TRC increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 175.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,247 shares of the company's stock after acquiring an additional 12,255 shares during the period. Tower Research Capital LLC TRC's holdings in Take-Two Interactive Software were worth $3,543,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. MML Investors Services LLC raised its stake in Take-Two Interactive Software by 8.8% during the fourth quarter. MML Investors Services LLC now owns 9,793 shares of the company's stock worth $1,803,000 after acquiring an additional 795 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of Take-Two Interactive Software by 2.0% during the 4th quarter. MetLife Investment Management LLC now owns 43,388 shares of the company's stock worth $7,987,000 after purchasing an additional 838 shares in the last quarter. Ossiam increased its position in shares of Take-Two Interactive Software by 13.1% during the 4th quarter. Ossiam now owns 4,414 shares of the company's stock worth $813,000 after purchasing an additional 511 shares in the last quarter. Norinchukin Bank The boosted its position in Take-Two Interactive Software by 25.6% in the fourth quarter. Norinchukin Bank The now owns 12,869 shares of the company's stock valued at $2,369,000 after buying an additional 2,627 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S grew its stake in Take-Two Interactive Software by 630.3% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 6,098 shares of the company's stock worth $1,123,000 after buying an additional 5,263 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TTWO has been the topic of several recent analyst reports. Raymond James reissued an "outperform" rating and issued a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software 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. DA Davidson assumed coverage on shares of Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a "buy" rating and a $250.00 target price for the company. Wedbush reissued an "outperform" rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, Moffett Nathanson upped their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and an average target price of $213.86.

Take-Two Interactive Software Stock Up 1.2 %

Shares of TTWO traded up $2.69 during mid-day trading on Friday, hitting $225.38. 1,533,726 shares of the company's stock were exchanged, compared to its average volume of 1,640,242. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $227.14. The company has a 50-day simple moving average of $209.12 and a 200 day simple moving average of $190.57. The company has a market cap of $39.78 billion, a PE ratio of -10.57, a P/E/G ratio of 6.83 and a beta of 1.01.

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.