Geode Capital Management LLC Buys 99,279 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Geode Capital Management LLC grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,110,469 shares of the company’s stock after purchasing an additional 99,279 shares during the quarter. Geode Capital Management LLC owned about 2.34% of Take-Two Interactive Software worth $754,671,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealthfront Advisers LLC raised its stake in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after buying an additional 142,450,266 shares during the last quarter. Norges Bank acquired a new stake in Take-Two Interactive Software during the 4th quarter worth about $495,086,000. State Street Corp raised its position in shares of Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after acquiring an additional 880,816 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $115,133,000. Finally, Amundi boosted its position in shares of Take-Two Interactive Software by 74.8% during the 4th quarter. Amundi now owns 741,045 shares of the company’s stock valued at $136,160,000 after purchasing an additional 317,048 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 0.5 %

NASDAQ:TTWO opened at $211.10 on Thursday. Take-Two Interactive Software, Inc. has a 52 week low of $135.24 and a 52 week high of $220.93. The firm has a 50-day moving average price of $204.61 and a two-hundred day moving average price of $184.02. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market cap of $37.26 billion, a price-to-earnings ratio of -9.90, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82.

Analyst Ratings Changes

TTWO has been the subject of a number of research analyst reports. Wedbush reiterated an “outperform” rating and issued a $215.00 target price on shares of Take-Two Interactive Software in a report on Friday, February 7th. BMO Capital Markets reiterated an “outperform” rating and set a $240.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. StockNews.com cut shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Monday, February 10th. Citigroup upped their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Finally, Ascendiant Capital Markets raised their target price on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have issued 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 target price 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.