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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has been given an average recommendation of “Moderate Buy” by the twenty research firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $197.58.

Several analysts have commented on the stock. TD Cowen boosted 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 research report on Friday, November 22nd. StockNews.com raised shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Oppenheimer raised their target price on Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Citigroup upped their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Finally, Morgan Stanley boosted their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th.

Take-Two Interactive Software Trading Up 1.2 %

NASDAQ TTWO opened at $185.39 on Thursday. The firm’s 50 day moving average price is $177.87 and its two-hundred day moving average price is $161.67. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. Take-Two Interactive Software has a twelve month low of $135.24 and a twelve month high of $191.91. The stock has a market cap of $32.56 billion, a price-to-earnings ratio of -8.76, a PEG ratio of 5.76 and a beta of 0.88.

Insider Activity

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was 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 directly owns 149,379 shares in the company, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now owns 9,692 shares in the company, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Take-Two Interactive Software

Institutional investors have recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its position in shares of Take-Two Interactive Software by 5.9% in the third quarter. Principal Financial Group Inc. now owns 189,496 shares of the company’s stock valued at $29,127,000 after buying an additional 10,491 shares during the last quarter. Retirement Systems of Alabama boosted its position in Take-Two Interactive Software by 1.9% during the third quarter. Retirement Systems of Alabama now owns 35,707 shares of the company’s stock worth $5,489,000 after purchasing an additional 679 shares during the period. Oddo BHF Asset Management Sas bought a new position in Take-Two Interactive Software during the third quarter worth $4,301,000. Tidal Investments LLC increased its holdings in shares of Take-Two Interactive Software by 88.5% in the third quarter. Tidal Investments LLC now owns 18,504 shares of the company’s stock valued at $2,844,000 after purchasing an additional 8,687 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Take-Two Interactive Software in the third quarter valued at about $725,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

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.