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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has earned a consensus recommendation of “Buy” from the twenty brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $208.47.

Several equities research analysts have weighed in on TTWO shares. TD Cowen boosted their price objective on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock 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 from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Wedbush reissued an “outperform” rating and set a $215.00 price objective on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Moffett Nathanson boosted their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Finally, The Goldman Sachs Group boosted their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, February 7th.

Take-Two Interactive Software Trading Up 3.7 %

Shares of NASDAQ TTWO opened at $216.38 on Friday. The business’s 50 day moving average is $189.11 and its two-hundred day moving average is $171.79. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. Take-Two Interactive Software has a 1-year low of $135.24 and a 1-year high of $216.52. The stock has a market capitalization of $38.19 billion, a P/E ratio of -10.14, a PEG ratio of 5.68 and a beta of 0.89.

Insider Activity at Take-Two Interactive Software

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 stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.45% of the stock is owned by company insiders.

Institutional Trading of Take-Two Interactive Software

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. First Horizon Advisors Inc. boosted its position in Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock valued at $51,000 after acquiring an additional 54 shares in the last quarter. Fifth Third Bancorp boosted its position in Take-Two Interactive Software by 0.3% during the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock valued at $3,157,000 after acquiring an additional 57 shares in the last quarter. Principal Securities Inc. boosted its position in Take-Two Interactive Software by 6.0% during the 4th quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock valued at $189,000 after acquiring an additional 58 shares in the last quarter. State of Wyoming boosted its position in Take-Two Interactive Software by 13.0% during the 4th quarter. State of Wyoming now owns 522 shares of the company’s stock valued at $96,000 after acquiring an additional 60 shares in the last quarter. Finally, Y.D. More Investments Ltd boosted its position in Take-Two Interactive Software by 2.0% during the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock valued at $563,000 after acquiring an additional 61 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

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.