Take-Two Interactive Software, Inc. (NASDAQ:TTWO) was upgraded by stock analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a note issued to investors on Tuesday.

A number of other research firms also recently issued reports on TTWO. Cowen and Company raised their target price on Take-Two Interactive Software from $60.00 to $79.00 and gave the stock an “outperform” rating in a research report on Thursday, May 25th. Hilliard Lyons downgraded Take-Two Interactive Software from a “neutral” rating to an “underperform” rating in a research report on Friday, June 2nd. Robert W. Baird raised their target price on Take-Two Interactive Software from $53.00 to $80.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 24th. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $75.00 target price on shares of Take-Two Interactive Software in a research report on Thursday, May 25th. Finally, BMO Capital Markets raised their target price on Take-Two Interactive Software from $64.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, May 25th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $73.18.

Take-Two Interactive Software (TTWO) traded up 1.512% during mid-day trading on Tuesday, reaching $80.875. The company had a trading volume of 5,993,947 shares. The company has a market capitalization of $7.95 billion, a price-to-earnings ratio of 113.112 and a beta of 0.82. The stock has a 50-day moving average of $75.22 and a 200 day moving average of $64.01. Take-Two Interactive Software has a 12-month low of $39.98 and a 12-month high of $81.13.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Tuesday, May 23rd. The company reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.08. Take-Two Interactive Software had a return on equity of 22.89% and a net margin of 3.70%. The business had revenue of $407.20 million during the quarter, compared to the consensus estimate of $354.10 million. During the same period last year, the business posted $0.46 earnings per share. The business’s revenue for the quarter was up 18.9% on a year-over-year basis. On average, analysts expect that Take-Two Interactive Software will post $1.68 EPS for the current year.

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In related news, Director Michael Sheresky sold 516 shares of Take-Two Interactive Software stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $76.68, for a total transaction of $39,566.88. Following the completion of the sale, the director now owns 67,733 shares of the company’s stock, valued at $5,193,766.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Strauss Zelnick sold 35,000 shares of Take-Two Interactive Software stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $78.53, for a total value of $2,748,550.00. The disclosure for this sale can be found here. Insiders have sold 59,840 shares of company stock valued at $4,644,614 in the last three months. 2.50% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the stock. Fifth Third Bancorp raised its stake in Take-Two Interactive Software by 6.4% in the first quarter. Fifth Third Bancorp now owns 1,685 shares of the company’s stock valued at $100,000 after buying an additional 101 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Take-Two Interactive Software during the first quarter valued at about $114,000. Crow Point Partners LLC raised its stake in Take-Two Interactive Software by 63.4% in the second quarter. Crow Point Partners LLC now owns 1,775 shares of the company’s stock valued at $129,000 after buying an additional 689 shares in the last quarter. Salem Investment Counselors Inc. raised its stake in Take-Two Interactive Software by 5,168.8% in the first quarter. Salem Investment Counselors Inc. now owns 4,900 shares of the company’s stock valued at $162,000 after buying an additional 4,807 shares in the last quarter. Finally, Neuburgh Advisers LLC raised its stake in Take-Two Interactive Software by 23.2% in the first quarter. Neuburgh Advisers LLC now owns 2,976 shares of the company’s stock valued at $176,000 after buying an additional 560 shares in the last quarter. 99.80% of the stock is owned by institutional investors.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

Analyst Recommendations for Take-Two Interactive Software (NASDAQ:TTWO)

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