Take-Two Interactive Software (NASDAQ:TTWO) Price Target Raised to $211.00

Take-Two Interactive Software (NASDAQ:TTWO) had its target price raised by TD Cowen from $176.00 to $211.00 in a report published on Friday,Benzinga reports. The firm currently has a buy rating on the stock.

TTWO has been the subject of several other research reports. UBS Group boosted their target price on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Benchmark upped their price objective on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Oppenheimer lifted their target price on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Hsbc Global Res upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. Finally, Stifel Nicolaus lifted their price target on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a report on Thursday, September 5th. Two investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $191.75.

Take-Two Interactive Software Stock Up 0.8 %

NASDAQ TTWO opened at $188.15 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software has a fifty-two week low of $135.24 and a fifty-two week high of $188.45. The business has a 50 day moving average price of $162.18 and a two-hundred day moving average price of $156.55. The stock has a market cap of $33.04 billion, a PE ratio of -8.89, a P/E/G ratio of 5.67 and a beta of 0.85.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the sale, the director now owns 9,692 shares in the company, valued at approximately $1,736,515.64. This trade represents a 17.11 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.45% of the company’s stock.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of institutional investors have recently added to or reduced their stakes in the stock. Toronto Dominion Bank grew its stake in Take-Two Interactive Software by 17.9% during the third quarter. Toronto Dominion Bank now owns 56,194 shares of the company’s stock worth $8,638,000 after buying an additional 8,537 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in Take-Two Interactive Software by 10.3% in the third quarter. Coldstream Capital Management Inc. now owns 1,997 shares of the company’s stock worth $313,000 after purchasing an additional 187 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Take-Two Interactive Software by 3.5% during the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock worth $614,511,000 after purchasing an additional 134,767 shares during the last quarter. Disciplined Growth Investors Inc. MN increased its stake in shares of Take-Two Interactive Software by 5.5% in the third quarter. Disciplined Growth Investors Inc. MN now owns 327,685 shares of the company’s stock valued at $50,368,000 after buying an additional 16,990 shares in the last quarter. Finally, Prestige Wealth Management Group LLC raised its holdings in shares of Take-Two Interactive Software by 29.4% in the third quarter. Prestige Wealth Management Group LLC now owns 3,107 shares of the company’s stock valued at $478,000 after buying an additional 705 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.