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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has received a consensus rating of “Moderate Buy” from the twenty-two research firms that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and eighteen have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $177.61.

Several brokerages have commented on TTWO. Roth Mkm lifted their price target on Take-Two Interactive Software from $168.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. JPMorgan Chase & Co. cut their target price on Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating for the company in a research report on Friday, February 9th. The Goldman Sachs Group upped their target price on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, January 19th. Benchmark restated a “buy” rating and issued a $200.00 price target on shares of Take-Two Interactive Software in a research report on Friday, April 19th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $175.00 target price on shares of Take-Two Interactive Software in a report on Monday, April 1st.

Insider Buying and Selling

In other news, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction 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 transaction, the president now directly owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Director Michael Sheresky sold 260 shares of the stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $155.72, for a total transaction of $40,487.20. Following the completion of the sale, the director now owns 63,645 shares in the company, valued at $9,910,799.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Karl Slatoff sold 90,851 shares of the stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the sale, the president now owns 87,286 shares of the company’s stock, valued at approximately $12,965,462.44. The disclosure for this sale can be found here. 1.37% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP lifted its position in Take-Two Interactive Software by 192.4% during the 3rd quarter. Wellington Management Group LLP now owns 62,762 shares of the company’s stock worth $8,811,000 after acquiring an additional 41,297 shares during the period. Laurion Capital Management LP purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at about $17,169,000. United Asset Strategies Inc. purchased a new position in shares of Take-Two Interactive Software during the 4th quarter valued at about $1,527,000. Rheos Capital Works Inc. raised its stake in shares of Take-Two Interactive Software by 380.3% during the 4th quarter. Rheos Capital Works Inc. now owns 238,700 shares of the company’s stock valued at $38,419,000 after buying an additional 189,000 shares during the last quarter. Finally, Illinois Municipal Retirement Fund raised its stake in shares of Take-Two Interactive Software by 101.5% during the 4th quarter. Illinois Municipal Retirement Fund now owns 46,513 shares of the company’s stock valued at $7,486,000 after buying an additional 23,433 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $144.96 on Wednesday. Take-Two Interactive Software has a fifty-two week low of $121.72 and a fifty-two week high of $171.59. The firm’s 50-day simple moving average is $146.31 and its 200 day simple moving average is $152.65. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.32. The stock has a market cap of $24.73 billion, a P/E ratio of -16.90, a P/E/G ratio of 1.27 and a beta of 0.75.

Take-Two Interactive Software Company Profile

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.