Axxcess Wealth Management LLC Acquires New Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Axxcess Wealth Management LLC acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,665 shares of the company’s stock, valued at approximately $306,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in TTWO. Wealthfront Advisers LLC raised its holdings in Take-Two Interactive Software by 1,630,798.7% in the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares in the last quarter. State Street Corp raised its holdings in Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after purchasing an additional 880,816 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Take-Two Interactive Software by 10.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock worth $651,817,000 after purchasing an additional 417,325 shares in the last quarter. Geode Capital Management LLC raised its holdings in Take-Two Interactive Software by 3.5% in the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after purchasing an additional 134,767 shares in the last quarter. Finally, Ninety One UK Ltd raised its holdings in Take-Two Interactive Software by 1.4% in the fourth quarter. Ninety One UK Ltd now owns 1,522,111 shares of the company’s stock worth $280,190,000 after purchasing an additional 21,470 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. StockNews.com downgraded shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th. DA Davidson initiated coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They set a “buy” rating and a $250.00 price target on the stock. BMO Capital Markets restated an “outperform” rating and set a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Moffett Nathanson boosted their price target 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. Finally, UBS Group upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Trading Up 1.8 %

Shares of NASDAQ:TTWO opened at $213.47 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $218.75. The company has a market capitalization of $37.68 billion, a PE ratio of -10.01, a PEG ratio of 6.83 and a beta of 0.82. The business has a 50 day moving average of $199.99 and a two-hundred day moving average of $180.80. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54.

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.