Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Free Report) has a consensus rating of ‘Moderate Buy’ from the 20 analysts currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers who have issued ratings on the stock in the last year is $197.58.
A number of brokers have recently released reports on TTWO. Morgan Stanley lifted their target price on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 7. Citigroup raised their price objective on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, December 11. Robert W. Baird lifted their price target on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, November 7. The Goldman Sachs Group raised their price target on Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 7. Finally, TD Cowen raised their price objective on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a research report on Friday, November 22.
Get our latest research report on Take-Two interactive software
Take-Two interactive software stock performance
NASDAQ TTWO opened at $186.43 on Thursday. The company has a market cap of $32.74 billion, a price-to-earnings ratio of -8.81, a price-to-earnings growth ratio of 5.76, and a beta of 0.89. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The company’s fifty-day moving average price is $179.14 and its two-hundred-day moving average price is $162.05. Take-Two Interactive Software has a 1-year low of $135.24 and a 1-year high of $191.91.
Buying and selling with insider information
In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. The transaction resulted in a 17.11% decrease in their ownership of the shares. The sale was disclosed in a document filed with the Securities & Exchange Commission, available at this link. Also, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction on Monday, December 2. The stock sold at an average price of $187.64, for a total value of $145,796.28. Following the sale, the insider now owns 149,379 shares of the company’s stock, valued at $28,029,475.56. The transaction represented a 0.52% decrease in their ownership of the shares. The explanation of this sale can be found here. Currently, 1.45% of the shares are owned by company insiders.
Institutional inflow and outflow
Several institutional investors have recently bought and sold shares of TTWO. The Swiss National Bank increased its holdings in shares of Take-Two Interactive Software by 2.7% during the third quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after purchasing an additional 13,200 shares in the last quarter. Paloma Partners Management Co bought a new stake in Take-Two Interactive Software during the third quarter worth $20,290,000. CIBC Asset Management Inc grew its stake in Take-Two Interactive Software by 9.1% in the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock worth $8,200,000 after purchasing an additional 4,456 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in Take-Two Interactive Software by 2.8% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock, valued at $61,928,000, after purchasing an additional 10,837 shares during the last quarter. Finally, Vestcor Inc grew its holdings in shares of Take-Two Interactive Software by 37.2% in the 3rd quarter. Vestcor Inc now owns 18,454 shares of the company’s stock valued at $2,837,000 after purchasing an additional 5,000 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s shares.
About Take-Two interactive software
(Get a free report
Take-Two Interactive Software, Inc develops, publishes and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the names Grand Theft Auto, LA Noire, Max Payne, Midnight Club and Red Dead Redemption, as well as other franchises.
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