112,900 Shares in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Bought by Blue Grotto Capital LLC

Blue Grotto Capital LLC purchased a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, HoldingsChannel reports. The fund purchased 112,900 shares of the company’s stock, valued at approximately $20,783,000. Take-Two Interactive Software comprises 3.8% of Blue Grotto Capital LLC’s holdings, making the stock its 13th largest holding.

Several other large investors have also made changes to their positions in the business. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in shares of Take-Two Interactive Software by 4.7% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 89,205 shares of the company’s stock valued at $16,421,000 after purchasing an additional 4,005 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its stake in Take-Two Interactive Software by 14.0% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,680 shares of the company’s stock valued at $493,000 after buying an additional 329 shares during the last quarter. Prestige Wealth Management Group LLC grew its holdings in Take-Two Interactive Software by 14.3% during the 4th quarter. Prestige Wealth Management Group LLC now owns 3,551 shares of the company’s stock valued at $654,000 after buying an additional 444 shares in the last quarter. First American Trust FSB increased its stake in Take-Two Interactive Software by 1.5% in the 4th quarter. First American Trust FSB now owns 28,009 shares of the company’s stock worth $5,156,000 after acquiring an additional 405 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings 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 acquiring an additional 99,909 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $217.95 on Wednesday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock’s fifty day moving average price is $201.44 and its 200-day moving average price is $181.79. The firm has a market cap of $38.47 billion, a P/E ratio of -10.22, a P/E/G ratio of 6.83 and a beta of 0.82. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $218.75.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Moffett Nathanson boosted their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. The Goldman Sachs Group upped their target price on shares of 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. Benchmark reiterated a “buy” rating and issued a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Ascendiant Capital Markets upped their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Finally, JPMorgan Chase & Co. lifted their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $213.38.

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.