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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has earned a consensus rating of “Moderate Buy” from the nineteen analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, sixteen have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $284.3125.

Several equities research analysts have recently issued reports on the stock. Wedbush reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, February 2nd. Raymond James Financial raised shares of Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price objective for the company in a research report on Tuesday, February 10th. Wells Fargo & Company decreased their price objective on shares of Take-Two Interactive Software from $295.00 to $293.00 and set an “overweight” rating for the company in a research report on Monday, April 6th. Finally, UBS Group lifted their price objective on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 155 shares of Take-Two Interactive Software stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $194.73, for a total transaction of $30,183.15. Following the completion of the sale, the director directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Strauss Zelnick sold 7,946 shares of Take-Two Interactive Software stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $214.16, for a total transaction of $1,701,715.36. Following the sale, the chief executive officer directly owned 170,756 shares of the company’s stock, valued at approximately $36,569,104.96. This trade represents a 4.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 65,292 shares of company stock worth $13,978,938. 1.34% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. lifted its position in Take-Two Interactive Software by 30.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 195 shares of the company’s stock valued at $50,000 after acquiring an additional 45 shares during the last quarter. Compagnie Lombard Odier SCmA lifted its position in Take-Two Interactive Software by 28.0% in the third quarter. Compagnie Lombard Odier SCmA now owns 210 shares of the company’s stock valued at $54,000 after acquiring an additional 46 shares during the last quarter. First Horizon Corp lifted its position in Take-Two Interactive Software by 26.4% in the fourth quarter. First Horizon Corp now owns 220 shares of the company’s stock valued at $56,000 after acquiring an additional 46 shares during the last quarter. Westside Investment Management Inc. lifted its position in Take-Two Interactive Software by 10.0% in the third quarter. Westside Investment Management Inc. now owns 526 shares of the company’s stock valued at $135,000 after acquiring an additional 48 shares during the last quarter. Finally, Hunter Associates Investment Management LLC lifted its position in Take-Two Interactive Software by 0.4% in the fourth quarter. Hunter Associates Investment Management LLC now owns 10,780 shares of the company’s stock valued at $2,761,000 after acquiring an additional 48 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $242.41 on Friday. The stock has a market cap of $44.89 billion, a P/E ratio of -10.83, a price-to-earnings-growth ratio of 3.39 and a beta of 0.97. The company has a fifty day simple moving average of $208.91 and a 200-day simple moving average of $226.35. Take-Two Interactive Software has a 12-month low of $187.63 and a 12-month high of $264.79. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71.

About Take-Two Interactive Software

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.