Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Given Average Rating of “Buy” by Brokerages

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has been given a consensus rating of “Buy” by the twenty-one ratings firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $210.55.

TTWO has been the subject of a number of research analyst reports. TD Cowen upped their price target on Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a report on Friday, November 22nd. The Goldman Sachs Group increased 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. Morgan Stanley boosted their price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Citigroup lifted their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Finally, Raymond James reissued an “outperform” rating and issued a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th.

Take-Two Interactive Software Trading Up 0.0 %

NASDAQ:TTWO opened at $215.24 on Friday. Take-Two Interactive Software has a 1 year low of $135.24 and a 1 year high of $218.75. The stock has a market cap of $37.99 billion, a P/E ratio of -10.09, a P/E/G ratio of 6.74 and a beta of 0.89. 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 stock has a 50-day simple moving average of $190.12 and a 200-day simple moving average of $172.39.

Insider Activity

In related news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the transaction, the insider now owns 149,379 shares of the company’s stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.45% of the company’s stock.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software during the third quarter valued at approximately $27,000. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter worth $31,000. Assetmark Inc. lifted its stake in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after purchasing an additional 106 shares during the period. Versant Capital Management Inc boosted its holdings in shares of Take-Two Interactive Software by 87.0% during the fourth 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, Catalyst Capital Advisors LLC grew its position in shares of Take-Two Interactive Software by 69.3% in the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock valued at $43,000 after purchasing an additional 115 shares during the period. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

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.