Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Receives Consensus Recommendation of “Buy” from Analysts

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has been assigned an average recommendation of “Buy” from the twenty-one brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, nineteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $210.55.

A number of analysts have issued reports on the company. Roth Mkm raised their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. The Goldman Sachs Group raised their price objective on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. BMO Capital Markets reaffirmed an “outperform” rating and set a $240.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research note on Thursday, December 5th. Citigroup increased their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, Oppenheimer lifted their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st.

Insider Activity at Take-Two Interactive Software

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 shares were 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 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 sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.45% of the company’s stock.

Institutional Trading of Take-Two Interactive Software

A number of large investors have recently modified their holdings of the stock. Wealthfront Advisers LLC grew its stake in Take-Two Interactive Software by 1,630,798.7% during the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Take-Two Interactive Software by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company’s stock valued at $3,563,690,000 after buying an additional 99,909 shares during the period. State Street Corp grew its position in shares of Take-Two Interactive Software by 8.8% during the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after buying an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Take-Two Interactive Software by 13.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after buying an additional 648,982 shares during the period. Finally, Capital International Investors raised its holdings in Take-Two Interactive Software by 9.5% in the fourth quarter. Capital International Investors now owns 4,883,746 shares of the company’s stock valued at $899,036,000 after acquiring an additional 424,893 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $215.24 on Friday. Take-Two Interactive Software has a one year low of $135.24 and a one year high of $218.75. The stock has a market cap of $37.99 billion, a PE ratio of -10.09, a P/E/G ratio of 6.74 and a beta of 0.89. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a 50 day moving average price of $190.12 and a 200 day moving average price of $172.39.

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.