Take-Two Interactive Software (NASDAQ:TTWO) Receives Buy Rating from Stifel Nicolaus

Stifel Nicolaus restated their buy rating on shares of Take-Two Interactive Software (NASDAQ:TTWOFree Report) in a research note released on Monday, Benzinga reports. They currently have a $175.00 price target on the stock.

Several other research analysts have also weighed in on TTWO. Benchmark lifted their price objective on shares of Take-Two Interactive Software from $164.00 to $200.00 and gave the stock a buy rating in a research note on Monday, January 22nd. Wolfe Research assumed coverage on shares of Take-Two Interactive Software in a research note on Tuesday, December 12th. They issued an outperform rating and a $186.00 price target on the stock. Wells Fargo & Company lifted their price target on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the company an overweight rating in a research note on Thursday, February 1st. Jefferies Financial Group assumed coverage on shares of Take-Two Interactive Software in a research note on Monday. They issued a buy rating and a $195.00 price target on the stock. Finally, The Goldman Sachs Group lifted their price target on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the company a buy rating in a research note on Friday, January 19th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and a consensus price target of $172.91.

Check Out Our Latest Stock Report on Take-Two Interactive Software

Take-Two Interactive Software Stock Up 1.0 %

Shares of NASDAQ:TTWO opened at $150.00 on Monday. Take-Two Interactive Software has a one year low of $117.35 and a one year high of $171.59. The company has a 50 day moving average of $153.55 and a 200-day moving average of $151.41. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market cap of $25.59 billion, a price-to-earnings ratio of -17.48, a P/E/G ratio of 6.33 and a beta of 0.74.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last released its quarterly earnings data on Thursday, February 8th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.34 billion. On average, sell-side analysts forecast that Take-Two Interactive Software will post 0.87 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Michael Sheresky sold 260 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $155.72, for a total transaction of $40,487.20. Following the transaction, the director now directly owns 63,645 shares in the company, valued at $9,910,799.40. The sale was disclosed in a filing with the SEC, which is available through this link. 1.37% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Take-Two Interactive Software

Institutional investors and hedge funds have recently modified their holdings of the stock. CVA Family Office LLC acquired a new position in shares of Take-Two Interactive Software in the fourth quarter valued at $25,000. MCF Advisors LLC increased its holdings in shares of Take-Two Interactive Software by 1,677.8% in the fourth quarter. MCF Advisors LLC now owns 160 shares of the company’s stock valued at $26,000 after purchasing an additional 151 shares during the last quarter. Wetzel Investment Advisors Inc. acquired a new position in shares of Take-Two Interactive Software in the fourth quarter valued at $26,000. Pin Oak Investment Advisors Inc. increased its holdings in shares of Take-Two Interactive Software by 485.7% in the fourth quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock valued at $26,000 after purchasing an additional 136 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in shares of Take-Two Interactive Software by 110.7% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock valued at $25,000 after purchasing an additional 93 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Company Profile

(Get Free Report)

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.

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Analyst Recommendations for Take-Two Interactive Software (NASDAQ:TTWO)

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