Harvest Fund Management Co. Ltd Buys 3,985 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Harvest Fund Management Co. Ltd boosted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 49.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,067 shares of the company’s stock after buying an additional 3,985 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Take-Two Interactive Software were worth $2,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Xponance Inc. boosted its stake in Take-Two Interactive Software by 2.4% in the fourth quarter. Xponance Inc. now owns 25,441 shares of the company’s stock worth $4,683,000 after buying an additional 586 shares in the last quarter. Generali Asset Management SPA SGR purchased a new stake in Take-Two Interactive Software in the fourth quarter worth approximately $119,000. Primecap Management Co. CA purchased a new stake in Take-Two Interactive Software in the fourth quarter worth approximately $3,247,000. Axxcess Wealth Management LLC purchased a new stake in Take-Two Interactive Software in the fourth quarter worth approximately $306,000. Finally, Signaturefd LLC boosted its stake in Take-Two Interactive Software by 23.9% in the fourth quarter. Signaturefd LLC now owns 3,013 shares of the company’s stock worth $555,000 after buying an additional 581 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

TTWO opened at $208.86 on Thursday. The stock has a fifty day simple moving average of $198.78 and a two-hundred day simple moving average of $180.06. 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 company has a market cap of $36.86 billion, a price-to-earnings ratio of -9.79, a price-to-earnings-growth 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.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Stifel Nicolaus upped their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. TD Cowen increased their price objective on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. BMO Capital Markets reissued an “outperform” rating and set a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. StockNews.com lowered Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. Finally, Citigroup increased their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $213.38.

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.