Elwood Capital Partners LP purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,000 shares of the company’s stock, valued at approximately $920,000. Take-Two Interactive Software makes up approximately 0.9% of Elwood Capital Partners LP’s portfolio, making the stock its 20th biggest position.
A number of other institutional investors also recently bought and sold shares of TTWO. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software in the third quarter worth about $27,000. Assetmark Inc. grew its position in shares of Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock valued at $32,000 after purchasing an additional 106 shares in the last quarter. Versant Capital Management Inc raised 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 purchasing an additional 87 shares during the period. Friedenthal Financial acquired a new stake in Take-Two Interactive Software during the fourth quarter worth $50,000. Finally, First Horizon Advisors Inc. raised its holdings in 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 currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
TTWO has been the subject of several recent research reports. Raymond James reissued an “outperform” rating and issued a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Oppenheimer lifted their price target on 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. StockNews.com cut shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. Wedbush reaffirmed an “outperform” rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a report on Friday, February 7th. Finally, Benchmark reissued a “buy” rating and set a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software 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 given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $213.38.
Take-Two Interactive Software Stock Down 1.5 %
Shares of Take-Two Interactive Software stock opened at $207.25 on Tuesday. 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 cap of $36.58 billion, a PE ratio of -9.72, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The business has a fifty day simple moving average of $203.65 and a 200 day simple moving average of $183.42. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $220.93.
About Take-Two Interactive Software
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.
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