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

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) have been assigned an average rating of “Moderate Buy” from the twenty analysts that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $197.58.

Several research analysts have weighed in on TTWO shares. Stifel Nicolaus boosted their price target on Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a report on Thursday, September 5th. Roth Mkm increased their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. StockNews.com upgraded Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. UBS Group increased their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, Oppenheimer boosted their target price on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, November 7th.

Insider Activity at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

Institutional Investors Weigh In On Take-Two Interactive Software

Hedge funds have recently bought and sold shares of the business. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at approximately $27,000. Crewe Advisors LLC boosted its stake in Take-Two Interactive Software by 297.9% during the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after acquiring an additional 143 shares during the last quarter. UMB Bank n.a. grew its holdings in Take-Two Interactive Software by 155.1% during the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after acquiring an additional 121 shares in the last quarter. Truvestments Capital LLC bought a new stake in shares of Take-Two Interactive Software in the 3rd quarter worth about $31,000. Finally, HHM Wealth Advisors LLC acquired a new stake in shares of Take-Two Interactive Software in the 2nd quarter valued at about $37,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $184.54 on Thursday. 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 firm has a market cap of $32.41 billion, a PE ratio of -8.72, a P/E/G ratio of 5.76 and a beta of 0.89. The firm has a 50 day simple moving average of $179.14 and a 200-day simple moving average of $162.07. Take-Two Interactive Software has a 1-year low of $135.24 and a 1-year high of $191.91.

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.