AlTi Global Inc. Buys 107 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

AlTi Global Inc. lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.3% in the 4th quarter, HoldingsChannel reports. The firm owned 3,325 shares of the company’s stock after buying an additional 107 shares during the quarter. AlTi Global Inc.’s holdings in Take-Two Interactive Software were worth $616,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of TTWO. Wilmington Savings Fund Society FSB purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at $725,000. Tidal Investments LLC lifted its holdings in Take-Two Interactive Software by 88.5% during the third quarter. Tidal Investments LLC now owns 18,504 shares of the company’s stock valued at $2,844,000 after purchasing an additional 8,687 shares during the last quarter. Retirement Systems of Alabama boosted its position in Take-Two Interactive Software by 1.9% during the third quarter. Retirement Systems of Alabama now owns 35,707 shares of the company’s stock worth $5,489,000 after purchasing an additional 679 shares during the period. Principal Financial Group Inc. increased its stake in shares of Take-Two Interactive Software by 5.9% in the third quarter. Principal Financial Group Inc. now owns 189,496 shares of the company’s stock worth $29,127,000 after purchasing an additional 10,491 shares in the last quarter. Finally, Versant Capital Management Inc increased its stake 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 purchasing an additional 87 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on TTWO. Oppenheimer raised their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday, January 21st. Moffett Nathanson raised their price target on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Wedbush reiterated an “outperform” rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, February 7th. 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. Finally, StockNews.com lowered Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th. One research 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’s stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.86.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $219.50 on Friday. The stock has a market cap of $38.74 billion, a price-to-earnings ratio of -10.29, a P/E/G ratio of 6.83 and a beta of 1.01. The stock’s 50-day moving average is $210.94 and its 200 day moving average is $193.89. 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, Inc. has a 1-year low of $135.24 and a 1-year high of $238.00.

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.