Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Stock Position Lifted by Wealthfront Advisers LLC

Wealthfront Advisers LLC grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 1,630,798.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 142,459,001 shares of the company’s stock after buying an additional 142,450,266 shares during the period. Take-Two Interactive Software accounts for 21.5% of Wealthfront Advisers LLC’s portfolio, making the stock its biggest holding. Wealthfront Advisers LLC owned 81.11% of Take-Two Interactive Software worth $26,223,853,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. First Horizon Advisors Inc. lifted 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 worth $51,000 after purchasing an additional 54 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Take-Two Interactive Software by 0.3% in the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock worth $3,157,000 after purchasing an additional 57 shares in the last quarter. Principal Securities Inc. lifted its holdings in Take-Two Interactive Software by 6.0% in the 4th quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock worth $189,000 after purchasing an additional 58 shares in the last quarter. Y.D. More Investments Ltd lifted its holdings in Take-Two Interactive Software by 2.0% in the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock worth $563,000 after purchasing an additional 61 shares in the last quarter. Finally, Huntington National Bank lifted its holdings in Take-Two Interactive Software by 9.3% in the 3rd quarter. Huntington National Bank now owns 896 shares of the company’s stock worth $138,000 after purchasing an additional 76 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on TTWO. Benchmark reissued a “buy” rating and issued a $225.00 price target (up from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Moffett Nathanson lifted their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Oppenheimer lifted their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 21st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Finally, TD Cowen lifted their price objective on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average price target of $213.38.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $201.93 on Tuesday. The stock’s fifty day moving average is $195.92 and its two-hundred day moving average is $177.99. The company has a market capitalization of $35.64 billion, a PE ratio of -9.47, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. 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 52 week low of $135.24 and a 52 week high of $218.75.

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.