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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has earned a consensus rating of “Moderate Buy” from the twenty-two analysts that are currently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $176.39.

A number of equities research analysts recently weighed in on TTWO shares. Benchmark reiterated a “buy” rating and set a $200.00 price objective on shares of Take-Two Interactive Software in a report on Friday. Citigroup upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $170.00 to $200.00 in a report on Monday, April 8th. The Goldman Sachs Group lifted their price objective on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the company a “buy” rating in a report on Friday, January 19th. Roth Mkm lifted their price objective on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the company a “buy” rating in a report on Friday, February 9th. Finally, Wedbush reiterated an “outperform” rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a report on Wednesday.

Insider Transactions at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 260 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $155.72, for a total value of $40,487.20. Following the transaction, the director now owns 63,645 shares of the company’s stock, valued at approximately $9,910,799.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Take-Two Interactive Software news, Director Michael Sheresky sold 260 shares of the business’s stock in a transaction that occurred 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 sale, the director now owns 63,645 shares of the company’s stock, valued at approximately $9,910,799.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, President Karl Slatoff sold 90,851 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the sale, the president now directly owns 87,286 shares in the company, valued at approximately $12,965,462.44. The disclosure for this sale can be found here. Insiders own 1.37% of the company’s stock.

Institutional Trading of Take-Two Interactive Software

Large investors have recently bought and sold shares of the stock. CVA Family Office LLC purchased a new stake in Take-Two Interactive Software during the 4th quarter worth approximately $25,000. MCF Advisors LLC grew its position in Take-Two Interactive Software by 1,677.8% during the 4th quarter. MCF Advisors LLC now owns 160 shares of the company’s stock worth $26,000 after purchasing an additional 151 shares during the last quarter. Wetzel Investment Advisors Inc. purchased a new stake in Take-Two Interactive Software during the 4th quarter worth approximately $26,000. Pin Oak Investment Advisors Inc. lifted its stake in Take-Two Interactive Software by 485.7% during the 4th quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock valued at $26,000 after acquiring an additional 136 shares during the period. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in Take-Two Interactive Software by 110.7% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock valued at $25,000 after acquiring an additional 93 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $140.60 on Friday. The firm has a 50-day moving average price of $148.57 and a 200-day moving average price of $152.08. The firm has a market capitalization of $23.98 billion, a PE ratio of -16.39, a price-to-earnings-growth ratio of 1.22 and a beta of 0.74. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.32. Take-Two Interactive Software has a 12-month low of $119.57 and a 12-month high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.02). The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.34 billion. Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. As a group, equities research analysts forecast that Take-Two Interactive Software will post 0.87 EPS for the current year.

About Take-Two Interactive Software

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.