Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has been assigned a consensus recommendation of “Buy” from the twenty-four analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $93.68.

Several research analysts have recently issued reports on TTWO shares. KeyCorp set a $104.00 price objective on shares of Take-Two Interactive Software and gave the company a “buy” rating in a report on Thursday, August 3rd. Stifel Nicolaus reiterated a “buy” rating and issued a $96.00 price objective (up from $87.00) on shares of Take-Two Interactive Software in a report on Thursday, August 3rd. Benchmark Co. reiterated a “buy” rating and issued a $100.00 price objective (up from $85.00) on shares of Take-Two Interactive Software in a report on Thursday, August 3rd. Jefferies Group LLC reiterated a “buy” rating and issued a $108.00 price objective (up from $91.00) on shares of Take-Two Interactive Software in a report on Thursday, August 3rd. Finally, Cowen and Company reiterated a “buy” rating and issued a $79.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday, July 11th.

Shares of Take-Two Interactive Software (NASDAQ TTWO) traded down 0.05% during midday trading on Thursday, reaching $104.56. The company’s stock had a trading volume of 1,132,268 shares. The stock’s 50-day moving average is $101.11 and its 200-day moving average is $81.31. Take-Two Interactive Software has a one year low of $42.65 and a one year high of $107.53. The company has a market capitalization of $10.92 billion, a P/E ratio of 61.72 and a beta of 0.78.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results on Wednesday, August 2nd. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.19 by $0.25. Take-Two Interactive Software had a net margin of 8.73% and a return on equity of 28.89%. The firm had revenue of $348.30 million during the quarter, compared to analysts’ expectations of $280.70 million. During the same quarter in the prior year, the firm earned ($0.21) EPS. Take-Two Interactive Software’s quarterly revenue was up 27.8% on a year-over-year basis. On average, equities analysts expect that Take-Two Interactive Software will post $2.21 earnings per share for the current fiscal year.

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In other news, Director Michael Sheresky sold 465 shares of the 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 owns 69,006 shares in the company, valued at approximately $6,207,779.76. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Lainie Goldstein sold 30,000 shares of the stock in a transaction on Friday, August 4th. The stock was sold at an average price of $87.68, for a total transaction of $2,630,400.00. Following the transaction, the chief financial officer now owns 409,019 shares in the company, valued at approximately $35,862,785.92. The disclosure for this sale can be found here. In the last quarter, insiders sold 87,465 shares of company stock valued at $7,677,331. Insiders own 1.55% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp increased its stake in shares of Take-Two Interactive Software by 6.4% during the 1st quarter. Fifth Third Bancorp now owns 1,685 shares of the company’s stock worth $100,000 after purchasing an additional 101 shares during the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Take-Two Interactive Software during the 1st quarter worth $114,000. Smithfield Trust Co. acquired a new position in shares of Take-Two Interactive Software during the 2nd quarter worth $125,000. Crow Point Partners LLC increased its stake in shares of Take-Two Interactive Software by 63.4% during the 2nd quarter. Crow Point Partners LLC now owns 1,775 shares of the company’s stock worth $129,000 after purchasing an additional 689 shares during the last quarter. Finally, Fortaleza Asset Management Inc. acquired a new position in shares of Take-Two Interactive Software during the 2nd quarter worth $134,000. Institutional investors own 96.70% of the company’s stock.

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)

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