Take-Two Interactive Software, Inc. (NASDAQ:TTWO)‘s stock had its “buy” rating restated by equities research analysts at KeyCorp in a note issued to investors on Friday. They currently have a $104.00 price target on the stock. KeyCorp’s target price would suggest a potential upside of 4.40% from the company’s current price.

A number of other equities research analysts have also weighed in on the stock. Cowen and Company restated a “buy” rating and issued a $83.00 price objective on shares of Take-Two Interactive Software in a report on Friday. Stifel Nicolaus restated a “buy” rating and issued a $105.00 price objective (up from $96.00) on shares of Take-Two Interactive Software in a report on Wednesday. MKM Partners restated a “buy” rating and issued a $97.00 price objective (up from $86.00) on shares of Take-Two Interactive Software in a report on Wednesday, August 9th. Credit Suisse Group restated a “neutral” rating and issued a $73.00 price objective on shares of Take-Two Interactive Software in a report on Wednesday, August 9th. Finally, Macquarie restated an “outperform” rating and issued a $99.00 price objective (up from $82.00) on shares of Take-Two Interactive Software in a report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, four have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. Take-Two Interactive Software currently has a consensus rating of “Buy” and a consensus price target of $87.42.

Shares of Take-Two Interactive Software (NASDAQ:TTWO) traded up 0.12% during trading on Friday, reaching $99.62. 1,256,461 shares of the company’s stock traded hands. Take-Two Interactive Software has a 52-week low of $41.70 and a 52-week high of $100.32. The company has a market cap of $10.41 billion, a price-to-earnings ratio of 58.81 and a beta of 0.77. The company’s 50-day moving average is $89.38 and its 200 day moving average is $72.24.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.44 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.25. The firm had revenue of $348.30 million during the quarter, compared to analyst estimates of $280.70 million. Take-Two Interactive Software had a net margin of 8.73% and a return on equity of 28.89%. The business’s quarterly revenue was up 27.8% on a year-over-year basis. During the same period in the previous year, the business posted ($0.21) EPS. Equities analysts forecast that Take-Two Interactive Software will post $2.16 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: “Take-Two Interactive Software, Inc. (TTWO) Rating Reiterated by KeyCorp” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this news story on another site, it was illegally copied and republished in violation of international copyright law. The legal version of this news story can be viewed at https://www.americanbankingnews.com/2017/09/08/take-two-interactive-software-inc-ttwo-rating-reiterated-by-keycorp.html.

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 50,000 shares of the business’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $87.81, for a total transaction of $4,390,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael Sheresky sold 465 shares of the business’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $89.96, for a total transaction of $41,831.40. Following the transaction, the director now directly owns 69,006 shares in the company, valued at $6,207,779.76. The disclosure for this sale can be found here. Over the last three months, insiders have sold 87,465 shares of company stock worth $7,677,331. Insiders own 1.55% of the company’s stock.

A number of institutional investors have recently modified their holdings of TTWO. William Blair Investment Management LLC grew its position in shares of Take-Two Interactive Software by 7.8% in the 1st quarter. William Blair Investment Management LLC now owns 1,784,714 shares of the company’s stock worth $105,780,000 after buying an additional 129,572 shares during the period. BNP Paribas Arbitrage SA grew its position in shares of Take-Two Interactive Software by 70.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 39,335 shares of the company’s stock worth $2,886,000 after buying an additional 16,224 shares during the period. Engineers Gate Manager LP grew its position in shares of Take-Two Interactive Software by 1,063.4% in the 2nd quarter. Engineers Gate Manager LP now owns 75,841 shares of the company’s stock worth $5,565,000 after buying an additional 69,322 shares during the period. Eqis Capital Management Inc. grew its position in shares of Take-Two Interactive Software by 19.6% in the 2nd quarter. Eqis Capital Management Inc. now owns 5,837 shares of the company’s stock worth $428,000 after buying an additional 957 shares during the period. Finally, UBS Group AG grew its position in shares of Take-Two Interactive Software by 25.5% in the 1st quarter. UBS Group AG now owns 87,761 shares of the company’s stock worth $5,201,000 after buying an additional 17,809 shares during the period. 96.20% of the stock is currently owned by institutional investors and hedge funds.

About Take-Two Interactive Software

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)

Receive News & Ratings for Take-Two Interactive Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software Inc. and related companies with MarketBeat.com's FREE daily email newsletter.