Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) have received a consensus rating of “Buy” from the twenty-four ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, seventeen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $111.00.

TTWO has been the topic of several recent analyst reports. Cowen and Company downgraded shares of Take-Two Interactive Software from an “outperform” rating to a “market perform” rating and set a $83.00 price objective on the stock. in a report on Monday, October 9th. Benchmark Co. reaffirmed a “buy” rating and set a $110.00 price objective (up from $100.00) on shares of Take-Two Interactive Software in a report on Saturday, September 16th. Stifel Nicolaus reaffirmed a “buy” rating and set a $105.00 price objective (up from $96.00) on shares of Take-Two Interactive Software in a report on Wednesday, September 6th. Zacks Investment Research raised shares of Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a report on Thursday, July 27th. Finally, Goldman Sachs Group, Inc. (The) initiated coverage on shares of Take-Two Interactive Software in a report on Friday, September 8th. They set a “buy” rating and a $118.00 price objective on the stock.

Take-Two Interactive Software (NASDAQ:TTWO) traded up $0.52 on Monday, reaching $115.68. 2,089,700 shares of the company’s stock traded hands, compared to its average volume of 1,922,758. The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $13,193.66, a P/E ratio of 45.19, a price-to-earnings-growth ratio of 3.35 and a beta of 0.82. Take-Two Interactive Software has a fifty-two week low of $46.05 and a fifty-two week high of $120.62.

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In related news, CEO Strauss Zelnick sold 31,004 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $116.49, for a total transaction of $3,611,655.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Lainie Goldstein sold 30,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $115.54, for a total transaction of $3,466,200.00. Following the sale, the chief financial officer now owns 351,019 shares of the company’s stock, valued at $40,556,735.26. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Take-Two Interactive Software by 1.4% during the second quarter. Vanguard Group Inc. now owns 8,392,574 shares of the company’s stock valued at $615,847,000 after acquiring an additional 115,430 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Take-Two Interactive Software by 1.9% during the second quarter. JPMorgan Chase & Co. now owns 4,158,753 shares of the company’s stock valued at $305,169,000 after acquiring an additional 78,006 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Take-Two Interactive Software by 1,045.2% during the second quarter. Renaissance Technologies LLC now owns 1,951,950 shares of the company’s stock valued at $143,234,000 after acquiring an additional 1,781,500 shares during the last quarter. Macquarie Group Ltd. increased its position in shares of Take-Two Interactive Software by 110.3% during the third quarter. Macquarie Group Ltd. now owns 1,710,990 shares of the company’s stock valued at $174,914,000 after acquiring an additional 897,380 shares during the last quarter. Finally, Harbour Capital Advisors LLC increased its position in shares of Take-Two Interactive Software by 7,304.4% during the second quarter. Harbour Capital Advisors LLC now owns 1,637,475 shares of the company’s stock valued at $22,315,000 after acquiring an additional 1,615,360 shares during the last quarter. Institutional investors and hedge funds own 97.71% 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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