Primecap Management Co. CA Invests $3.25 Million in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Primecap Management Co. CA acquired a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 17,639 shares of the company’s stock, valued at approximately $3,247,000.

A number of other large investors have also added to or reduced their stakes in TTWO. Itau Unibanco Holding S.A. acquired a new position in Take-Two Interactive Software in the 3rd quarter valued at approximately $27,000. Truvestments Capital LLC bought a new stake in shares of Take-Two Interactive Software in the third quarter worth $31,000. Assetmark Inc. increased its holdings in Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock valued at $32,000 after purchasing an additional 106 shares during the period. Versant Capital Management Inc raised its position in Take-Two Interactive Software by 87.0% during 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 during the last quarter. Finally, Friedenthal Financial acquired a new position in Take-Two Interactive Software during the 4th quarter worth about $50,000. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $208.86 on Thursday. The company has a market capitalization of $36.86 billion, a P/E ratio of -9.79, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The company’s 50-day moving average is $198.78 and its 200 day moving average is $180.06. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $218.75.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. TD Cowen raised their price objective on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Ascendiant Capital Markets boosted their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. BMO Capital Markets reiterated an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. DA Davidson began coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They issued a “buy” rating and a $250.00 price target on the stock. Finally, StockNews.com downgraded shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. 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 given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software 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.