Take-Two Interactive Software’s (TTWO) Outperform Rating Reiterated at Raymond James

Raymond James restated their outperform rating on shares of Take-Two Interactive Software (NASDAQ:TTWO) in a research note released on Friday morning,Benzinga reports. Raymond James currently has a $220.00 price objective on the stock, up from their previous price objective of $190.00.

A number of other research analysts have also weighed in on TTWO. 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 report on Monday, January 27th. Wedbush reiterated an “outperform” rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a report on Monday, December 9th. Robert W. Baird lifted their price objective on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Moffett Nathanson increased their price objective on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, TD Cowen raised their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Two equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $208.47.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $208.77 on Friday. The firm has a market capitalization of $36.67 billion, a PE ratio of -9.79, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The company’s fifty day moving average price is $185.94 and its 200-day moving average price is $168.73. Take-Two Interactive Software has a 1-year low of $135.24 and a 1-year high of $212.88.

Insider Activity

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the transaction, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.45% of the company’s stock.

Institutional Trading of Take-Two Interactive Software

Several institutional investors have recently modified their holdings of TTWO. Itau Unibanco Holding S.A. purchased a new position in Take-Two Interactive Software in the 3rd quarter valued at about $27,000. Assetmark Inc. raised its holdings in shares of Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock valued at $32,000 after acquiring an additional 106 shares during the last quarter. Versant Capital Management Inc lifted its position in shares of Take-Two Interactive Software by 87.0% in the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock valued at $34,000 after acquiring an additional 87 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of Take-Two Interactive Software in the third quarter worth approximately $31,000. Finally, Friedenthal Financial purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter worth approximately $50,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

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.