Benjamin Edwards Inc. Boosts Stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Benjamin Edwards Inc. grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,001 shares of the company’s stock after buying an additional 152 shares during the quarter. Benjamin Edwards Inc.’s holdings in Take-Two Interactive Software were worth $368,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of TTWO. Wealthfront Advisers LLC boosted its position 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 during the last quarter. Vanguard Group Inc. raised its stake in shares of Take-Two Interactive Software by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company’s stock worth $3,563,690,000 after purchasing an additional 99,909 shares during the period. Capital International Investors boosted its holdings in shares of Take-Two Interactive Software by 9.5% in the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company’s stock worth $899,036,000 after buying an additional 424,893 shares during the last quarter. Ameriprise Financial Inc. grew its position in Take-Two Interactive Software by 0.3% during the fourth quarter. Ameriprise Financial Inc. now owns 4,770,044 shares of the company’s stock valued at $878,567,000 after buying an additional 13,555 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Take-Two Interactive Software by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 4,110,469 shares of the company’s stock worth $754,671,000 after buying an additional 99,279 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TTWO has been the subject of a number of research reports. Oppenheimer increased their target price on shares of 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. Raymond James reissued an “outperform” rating and set a $220.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Benchmark restated a “buy” rating and issued a $225.00 target price (up from $210.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. StockNews.com cut Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Finally, DA Davidson assumed coverage on Take-Two Interactive Software in a report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price objective for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average target price of $213.67.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $226.25 on Friday. The stock’s 50-day simple moving average is $212.73 and its two-hundred day simple moving average is $196.30. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $238.00. The firm has a market capitalization of $39.93 billion, a P/E ratio of -10.61, a P/E/G ratio of 6.83 and a beta of 1.08. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54.

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.