J. Goldman & Co LP Takes Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

J. Goldman & Co LP bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 79,677 shares of the company’s stock, valued at approximately $14,667,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TTWO. Assetmark Inc. grew its holdings 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. Itau Unibanco Holding S.A. grew its stake in shares of Take-Two Interactive Software by 41.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company’s stock worth $45,000 after buying an additional 72 shares in the last quarter. Friedenthal Financial bought a new stake in shares of Take-Two Interactive Software in the 4th quarter worth about $50,000. First Horizon Advisors Inc. increased its holdings in shares of 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 buying an additional 54 shares during the last quarter. Finally, Mizuho Bank Ltd. purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at about $53,000. 95.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on TTWO shares. Morgan Stanley reduced their price objective on Take-Two Interactive Software from $215.00 to $210.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Oppenheimer boosted their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. Ascendiant Capital Markets raised their price target on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. Benchmark reiterated a “buy” rating and set a $225.00 price objective (up previously from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Finally, StockNews.com lowered shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th. One equities research 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 stock. According to MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average target price of $213.67.

Take-Two Interactive Software Stock Up 0.4 %

Shares of TTWO stock opened at $226.25 on Friday. The stock’s fifty day moving average price is $212.73 and its 200 day moving average price is $196.30. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $238.00. The company has a market cap of $39.93 billion, a price-to-earnings ratio of -10.61, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08.

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.