Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) have been given a consensus rating of “Moderate Buy” by the twenty research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $283.9412.

TTWO has been the topic of a number of research analyst reports. B. Riley Financial initiated coverage on Take-Two Interactive Software in a research report on Wednesday, December 10th. They set a “buy” rating and a $300.00 target price on the stock. Arete Research upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 target price for the company in a research report on Monday, December 1st. Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, February 2nd. Finally, Raymond James Financial raised Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 target price on the stock in a research note on Tuesday, February 10th.

Take-Two Interactive Software Price Performance

TTWO stock opened at $195.59 on Tuesday. The firm has a 50 day moving average of $232.43 and a 200-day moving average of $240.77. The company has a market cap of $36.22 billion, a price-to-earnings ratio of -8.74, a PEG ratio of 8.47 and a beta of 0.92. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71. Take-Two Interactive Software has a 12-month low of $188.56 and a 12-month high of $264.79.

Insider Transactions at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 155 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $194.73, for a total value of $30,183.15. Following the completion of the transaction, the director owned 65,626 shares of the company’s stock, valued at approximately $12,779,350.98. The trade was a 0.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ellen F. Siminoff sold 413 shares of Take-Two Interactive Software stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $200.00, for a total transaction of $82,600.00. Following the sale, the director owned 2,286 shares of the company’s stock, valued at approximately $457,200. This trade represents a 15.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 982 shares of company stock valued at $214,412. 1.34% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TTWO. MCF Advisors LLC purchased a new position in Take-Two Interactive Software during the fourth quarter worth about $25,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Take-Two Interactive Software during the 3rd quarter worth about $26,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Take-Two Interactive Software in the second quarter worth approximately $27,000. GHP Investment Advisors Inc. purchased a new stake in Take-Two Interactive Software in the fourth quarter valued at approximately $28,000. Finally, Pinnacle Bancorp Inc. acquired a new position in Take-Two Interactive Software during the third quarter worth approximately $29,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.