Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Receives Consensus Rating of “Moderate Buy” from Analysts

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has been given an average recommendation of “Moderate Buy” by the twenty-three research firms that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and nineteen have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $178.09.

A number of research analysts have weighed in on TTWO shares. Wedbush reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, May 17th. Jefferies Financial Group dropped their price target on shares of Take-Two Interactive Software from $195.00 to $175.00 and set a “buy” rating on the stock in a research report on Friday, May 17th. Oppenheimer reissued an “outperform” rating and set a $185.00 price target on shares of Take-Two Interactive Software in a research report on Tuesday, April 23rd. Roth Mkm dropped their price target on shares of Take-Two Interactive Software from $185.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, May 17th. Finally, HSBC lowered shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating and set a $154.00 price target on the stock. in a research report on Friday, May 17th.

Insider Activity at Take-Two Interactive Software

In related news, Director Jon J. Moses sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $151.25, for a total transaction of $378,125.00. Following the completion of the transaction, the director now owns 21,981 shares of the company’s stock, valued at $3,324,626.25. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the completion of the sale, the president now directly owns 87,286 shares in the company, valued at $12,965,462.44. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jon J. Moses sold 2,500 shares of Take-Two Interactive Software stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $151.25, for a total transaction of $378,125.00. Following the sale, the director now owns 21,981 shares of the company’s stock, valued at $3,324,626.25. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 93,569 shares of company stock valued at $13,909,565. Corporate insiders own 1.37% of the company’s stock.

Institutional Investors Weigh In On Take-Two Interactive Software

Several hedge funds have recently bought and sold shares of TTWO. CVA Family Office LLC bought a new stake in shares of Take-Two Interactive Software in the 4th quarter worth approximately $25,000. ORG Partners LLC lifted its holdings in shares of Take-Two Interactive Software by 5,533.3% in the 1st quarter. ORG Partners LLC now owns 169 shares of the company’s stock worth $25,000 after acquiring an additional 166 shares during the last quarter. MCF Advisors LLC lifted its holdings in shares of Take-Two Interactive Software by 1,677.8% in the 4th quarter. MCF Advisors LLC now owns 160 shares of the company’s stock worth $26,000 after acquiring an additional 151 shares during the last quarter. Wetzel Investment Advisors Inc. bought a new stake in shares of Take-Two Interactive Software in the 4th quarter worth approximately $26,000. Finally, Pin Oak Investment Advisors Inc. lifted its holdings in shares of Take-Two Interactive Software by 485.7% in the 4th quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock worth $26,000 after acquiring an additional 136 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Down 0.7 %

Take-Two Interactive Software stock opened at $153.50 on Thursday. Take-Two Interactive Software has a 1-year low of $130.34 and a 1-year high of $171.59. The firm has a market capitalization of $26.31 billion, a price-to-earnings ratio of -6.98, a price-to-earnings-growth ratio of 5.03 and a beta of 0.84. The firm’s fifty day moving average price is $153.57 and its two-hundred day moving average price is $154.05. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.54.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, May 16th. The company reported ($17.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($17.09). Take-Two Interactive Software had a negative net margin of 69.99% and a positive return on equity of 2.19%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period last year, the business posted $0.47 earnings per share. The firm’s quarterly revenue was down 3.2% on a year-over-year basis. On average, equities research analysts predict that Take-Two Interactive Software will post 0.95 earnings per share for the current fiscal year.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.