ExodusPoint Capital Management LP Buys New Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

ExodusPoint Capital Management LP purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 32,941 shares of the company’s stock, valued at approximately $6,064,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Horizon Advisors Inc. lifted its position in 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. Fifth Third Bancorp lifted its holdings in shares of Take-Two Interactive Software by 0.3% in the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock worth $3,157,000 after acquiring an additional 57 shares during the last quarter. Principal Securities Inc. boosted its stake in shares of Take-Two Interactive Software by 6.0% in the 4th quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock valued at $189,000 after purchasing an additional 58 shares in the last quarter. Y.D. More Investments Ltd grew its holdings in shares of Take-Two Interactive Software by 2.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock valued at $563,000 after purchasing an additional 61 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its position in Take-Two Interactive Software by 2.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company’s stock worth $542,000 after purchasing an additional 73 shares during the period. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $194.58 on Friday. The stock has a market cap of $34.34 billion, a PE ratio of -9.12, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $220.93. The firm has a fifty day moving average price of $205.30 and a 200-day moving average price of $184.70. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several analyst reports. StockNews.com lowered shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. Stifel Nicolaus raised their price target on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. The Goldman Sachs Group boosted their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 7th. JPMorgan Chase & Co. raised their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Finally, UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price target for the company from $175.00 to $230.00 in a report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

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.