Axxcess Wealth Management LLC Invests $306,000 in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Axxcess Wealth Management LLC bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 1,665 shares of the company’s stock, valued at approximately $306,000.

Several other large investors have also made changes to their positions in the business. Signaturefd LLC raised its stake in shares of Take-Two Interactive Software by 23.9% during the 4th quarter. Signaturefd LLC now owns 3,013 shares of the company’s stock worth $555,000 after buying an additional 581 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of Take-Two Interactive Software by 3.1% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,493 shares of the company’s stock worth $2,668,000 after buying an additional 442 shares during the period. LBP AM SA acquired a new position in shares of Take-Two Interactive Software during the 4th quarter worth approximately $2,127,000. Commonwealth Equity Services LLC raised its stake in shares of Take-Two Interactive Software by 3.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,612 shares of the company’s stock worth $1,401,000 after buying an additional 253 shares during the period. Finally, Erste Asset Management GmbH raised its stake in Take-Two Interactive Software by 25.3% in the 4th quarter. Erste Asset Management GmbH now owns 39,110 shares of the company’s stock valued at $7,291,000 after purchasing an additional 7,900 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. The Goldman Sachs Group increased their price objective 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. Oppenheimer increased their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. BMO Capital Markets reissued an “outperform” rating and issued a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and increased their price objective for the company from $175.00 to $230.00 in a research note on Monday, January 27th. Finally, DA Davidson assumed coverage on Take-Two Interactive Software in a report on Tuesday, February 18th. They issued a “buy” rating and a $250.00 target price for the company. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $213.47 on Friday. The stock has a market cap of $37.68 billion, a PE ratio of -10.01, a P/E/G ratio of 6.83 and a beta of 0.82. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75. The stock has a fifty day simple moving average of $199.99 and a 200-day simple moving average of $180.80.

Take-Two Interactive Software Company 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.