ExodusPoint Capital Management LP Purchases 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) during the 4th quarter, according to its most recent 13F filing 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 institutional investors have also added to or reduced their stakes in the company. Motley Fool Asset Management LLC grew its holdings in shares of Take-Two Interactive Software by 7.6% in the fourth quarter. Motley Fool Asset Management LLC now owns 2,586 shares of the company’s stock valued at $476,000 after acquiring an additional 182 shares in the last quarter. Bryce Point Capital LLC bought a new position in Take-Two Interactive Software in the 4th quarter valued at $1,628,000. Huntington National Bank increased its position in shares of Take-Two Interactive Software by 45.1% during the 4th quarter. Huntington National Bank now owns 1,300 shares of the company’s stock valued at $239,000 after purchasing an additional 404 shares during the last quarter. Elwood Capital Partners LP bought a new stake in shares of Take-Two Interactive Software during the 4th quarter worth $920,000. Finally, Geode Capital Management LLC raised its stake in shares of Take-Two Interactive Software by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 4,110,469 shares of the company’s stock worth $754,671,000 after purchasing an additional 99,279 shares during the period. 95.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Wedbush restated an “outperform” rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a report on Friday, February 7th. StockNews.com lowered shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. Moffett Nathanson upped their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Stifel Nicolaus raised their target price 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. Finally, Raymond James reaffirmed an “outperform” rating and set a $220.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $213.38.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $194.58 on Friday. The stock has a market cap of $34.34 billion, a P/E ratio of -9.12, a PEG ratio of 6.83 and a beta of 1.01. 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 business’s 50-day moving average price is $205.30 and its two-hundred day moving average price is $184.70. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $220.93.

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.