Jag Capital Management LLC Increases Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Jag Capital Management LLC grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4,450.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 80,629 shares of the company’s stock after acquiring an additional 78,857 shares during the quarter. Take-Two Interactive Software comprises about 2.1% of Jag Capital Management LLC’s investment portfolio, making the stock its 17th biggest holding. Jag Capital Management LLC’s holdings in Take-Two Interactive Software were worth $14,842,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Itau Unibanco Holding S.A. purchased a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at about $27,000. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software in the third quarter worth approximately $31,000. Versant Capital Management Inc boosted its holdings in shares of Take-Two Interactive Software by 87.0% in the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after buying an additional 87 shares during the last quarter. Catalyst Capital Advisors LLC boosted its holdings in shares of Take-Two Interactive Software by 69.3% in the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after buying an additional 115 shares during the last quarter. Finally, AM Squared Ltd purchased a new position in shares of Take-Two Interactive Software in the third quarter worth approximately $46,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 1.9 %

TTWO stock opened at $208.05 on Tuesday. The firm has a fifty day moving average price of $193.75 and a 200 day moving average price of $176.13. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $218.75. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market cap of $36.72 billion, a PE ratio of -9.75, a price-to-earnings-growth ratio of 6.83 and a beta of 0.89.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on TTWO shares. Robert W. Baird raised their price objective on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Benchmark reissued a “buy” rating and issued a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Ascendiant Capital Markets raised their price objective 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. Stifel Nicolaus raised their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. Finally, Roth Mkm raised their target price on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $213.38.

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.