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

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) have earned a consensus rating of “Moderate Buy” from the twenty-two research firms that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and eighteen have issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $177.61.

TTWO has been the topic of a number of research analyst reports. Moffett Nathanson lowered shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and decreased their price target for the company from $169.00 to $167.00 in a report on Monday, February 5th. The Goldman Sachs Group boosted 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 research report on Friday, January 19th. JPMorgan Chase & Co. reduced their target price on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an “overweight” rating for the company in a research note on Friday, February 9th. Wedbush reissued an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, April 17th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $175.00 price target on shares of Take-Two Interactive Software in a research note on Monday, April 1st.

Insider Activity at Take-Two Interactive Software

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

Institutional Trading of Take-Two Interactive Software

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kentucky Retirement Systems Insurance Trust Fund lifted its position in Take-Two Interactive Software by 1.2% in the fourth quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 5,635 shares of the company’s stock valued at $907,000 after purchasing an additional 68 shares during the last quarter. Tectonic Advisors LLC grew its stake in Take-Two Interactive Software by 4.2% in the fourth quarter. Tectonic Advisors LLC now owns 1,712 shares of the company’s stock worth $276,000 after purchasing an additional 69 shares during the period. Drive Wealth Management LLC grew its stake in Take-Two Interactive Software by 4.5% in the fourth quarter. Drive Wealth Management LLC now owns 1,606 shares of the company’s stock worth $258,000 after purchasing an additional 69 shares during the period. Belpointe Asset Management LLC grew its stake in shares of Take-Two Interactive Software by 3.7% in the third quarter. Belpointe Asset Management LLC now owns 1,986 shares of the company’s stock worth $279,000 after acquiring an additional 70 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its position in shares of Take-Two Interactive Software by 14.8% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 543 shares of the company’s stock valued at $87,000 after buying an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 0.8 %

NASDAQ TTWO opened at $142.83 on Friday. The firm has a market cap of $24.37 billion, a PE ratio of -16.65, a P/E/G ratio of 1.19 and a beta of 0.74. The firm’s fifty day moving average is $147.78 and its two-hundred day moving average is $152.21. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. Take-Two Interactive Software has a one year low of $119.57 and a one year high of $171.59.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, February 8th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Analysts expect that Take-Two Interactive Software will post 0.87 earnings per share for the current year.

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.