Circle Wealth Management LLC increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 10.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,995 shares of the company’s stock after acquiring an additional 934 shares during the quarter. Circle Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $1,840,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the stock. Assetmark Inc. grew its stake in Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after purchasing an additional 106 shares during the period. Itau Unibanco Holding S.A. grew its position in shares of Take-Two Interactive Software by 41.4% during 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 during the period. Friedenthal Financial bought a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at $50,000. First Horizon Advisors Inc. lifted its position in shares of Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock valued at $51,000 after acquiring an additional 54 shares during the period. Finally, Mizuho Bank Ltd. bought a new position in Take-Two Interactive Software during the fourth quarter worth $53,000. 95.46% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the stock. Wedbush reissued an “outperform” rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a research report on Friday, February 7th. BMO Capital Markets restated an “outperform” rating and set a $236.00 price objective (down from $240.00) on shares of Take-Two Interactive Software in a research note on Monday. The Goldman Sachs Group upped their target price on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and increased their price objective for the company from $175.00 to $230.00 in a research note on Monday, January 27th. Finally, Benchmark restated a “buy” rating and issued a $225.00 target price (up previously from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. 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 stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $213.67.
Take-Two Interactive Software Stock Down 2.4 %
TTWO stock opened at $226.34 on Thursday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market capitalization of $39.95 billion, a P/E ratio of -10.61, a P/E/G ratio of 6.83 and a beta of 1.08. The business has a fifty day moving average price of $212.03 and a 200-day moving average price of $195.13. Take-Two Interactive Software, Inc. has a 1-year low of $135.24 and a 1-year high of $238.00.
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.
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