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

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

A number of analysts have weighed in on the company. Morgan Stanley raised their price target on Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Robert W. Baird boosted their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Stifel Nicolaus increased their price target on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. Oppenheimer boosted their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Finally, StockNews.com upgraded shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a research note on Friday, December 6th.

Take-Two Interactive Software Price Performance

Shares of TTWO opened at $184.08 on Thursday. The firm has a market capitalization of $32.33 billion, a price-to-earnings ratio of -8.70, a PEG ratio of 5.76 and a beta of 0.89. The firm’s fifty day simple moving average is $180.63 and its 200-day simple moving average is $162.59. Take-Two Interactive Software has a twelve month low of $135.24 and a twelve month high of $191.91. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

Insider Transactions at Take-Two Interactive Software

In other 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 sale, the insider now directly owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction 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 transaction, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. This represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

Institutional Trading of Take-Two Interactive Software

Several hedge funds and other institutional investors have recently made changes to their positions in TTWO. Itau Unibanco Holding S.A. purchased a new position in Take-Two Interactive Software in the third quarter valued at about $27,000. Crewe Advisors LLC increased its stake in Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after purchasing an additional 143 shares in the last quarter. UMB Bank n.a. raised its holdings in Take-Two Interactive Software by 155.1% during the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after purchasing an additional 121 shares during the last quarter. Truvestments Capital LLC purchased a new stake in Take-Two Interactive Software during the third quarter worth $31,000. Finally, HHM Wealth Advisors LLC acquired a new stake in Take-Two Interactive Software in the second quarter valued at $37,000. 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.