Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Stake Raised by Amundi

Amundi increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 74.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 741,045 shares of the company’s stock after acquiring an additional 317,048 shares during the period. Amundi’s holdings in Take-Two Interactive Software were worth $136,160,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Swiss National Bank increased its position in Take-Two Interactive Software by 2.7% in the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after purchasing an additional 13,200 shares during the last quarter. CIBC Asset Management Inc increased its position in Take-Two Interactive Software by 9.1% in the 3rd quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock worth $8,200,000 after purchasing an additional 4,456 shares during the last quarter. Fiduciary Alliance LLC acquired a new position in Take-Two Interactive Software in the 4th quarter worth about $734,000. Paloma Partners Management Co acquired a new position in Take-Two Interactive Software in the 3rd quarter worth about $20,290,000. Finally, Legacy Trust increased its position in Take-Two Interactive Software by 8.9% in the 4th quarter. Legacy Trust now owns 25,772 shares of the company’s stock worth $4,744,000 after purchasing an additional 2,115 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Performance

TTWO opened at $201.93 on Tuesday. The firm has a market capitalization of $35.64 billion, a P/E ratio of -9.47, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The stock’s 50 day moving average price is $195.92 and its two-hundred day moving average price is $177.99. 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 12-month low of $135.24 and a 12-month high of $218.75.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TTWO. JPMorgan Chase & Co. upped their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Moffett Nathanson upped their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Stifel Nicolaus increased their price objective on Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. Roth Mkm increased their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Finally, DA Davidson assumed coverage on Take-Two Interactive Software in a report on Tuesday, February 18th. They set a “buy” rating and a $250.00 price objective on the stock. One investment 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. According to data from MarketBeat, 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.