NINE MASTS CAPITAL Ltd Takes $371,000 Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

NINE MASTS CAPITAL Ltd acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 2,017 shares of the company’s stock, valued at approximately $371,000.

Several other hedge funds have also recently made changes to their positions in the business. Itau Unibanco Holding S.A. purchased a new stake in Take-Two Interactive Software in the third quarter worth $27,000. Versant Capital Management Inc raised its holdings in Take-Two Interactive Software by 87.0% in the 4th 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. Truvestments Capital LLC purchased a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth about $31,000. Friedenthal Financial bought a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at about $50,000. Finally, First Horizon Advisors Inc. increased its position in shares of Take-Two Interactive Software by 24.2% during the fourth quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock valued at $51,000 after buying an additional 54 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $211.98 on Monday. The firm has a market cap of $37.41 billion, a P/E ratio of -9.94, a PEG ratio of 6.83 and a beta of 0.89. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The company has a 50 day moving average of $193.26 and a 200 day moving average of $175.70.

Wall Street Analysts Forecast Growth

Several analysts have commented on TTWO shares. JPMorgan Chase & Co. raised their price objective 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. The Goldman Sachs Group raised their target price on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Citigroup upped their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Roth Mkm raised their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Finally, UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their target price for the company from $175.00 to $230.00 in a report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $210.55.

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.