Take-Two Interactive Software (NASDAQ:TTWO) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Friday.

Other equities analysts have also recently issued research reports about the company. Benchmark reissued a “buy” rating and issued a $100.00 price target (up previously from $85.00) on shares of Take-Two Interactive Software in a research note on Thursday, August 3rd. Piper Jaffray Companies reissued an “overweight” rating and issued a $100.00 price target on shares of Take-Two Interactive Software in a research note on Thursday, August 3rd. MKM Partners reissued a “buy” rating and issued a $97.00 price target (up previously from $86.00) on shares of Take-Two Interactive Software in a research note on Wednesday, August 9th. Oppenheimer lifted their price target on Take-Two Interactive Software from $85.00 to $93.00 and gave the stock an “outperform” rating in a research note on Thursday, August 3rd. Finally, KeyCorp set a $104.00 price target on Take-Two Interactive Software and gave the stock a “buy” rating in a research note on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $112.90.

Take-Two Interactive Software (NASDAQ TTWO) opened at $110.76 on Friday. The firm has a market capitalization of $12,722.62, a PE ratio of 43.57, a P/E/G ratio of 3.24 and a beta of 0.81. Take-Two Interactive Software has a 12 month low of $46.27 and a 12 month high of $120.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.31.

In related news, Director Michael Dornemann sold 5,500 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $118.50, for a total value of $651,750.00. Following the completion of the sale, the director now directly owns 4,777 shares in the company, valued at approximately $566,074.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Strauss Zelnick sold 31,004 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $116.49, for a total value of $3,611,655.96. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 66,504 shares of company stock valued at $7,729,606. Corporate insiders own 1.55% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. GSA Capital Partners LLP bought a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $1,768,000. Belpointe Asset Management LLC bought a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $708,000. Insight Capital Research & Management Inc. increased its position in Take-Two Interactive Software by 26.2% in the 3rd quarter. Insight Capital Research & Management Inc. now owns 21,277 shares of the company’s stock worth $2,175,000 after buying an additional 4,415 shares during the period. Neuberger Berman Group LLC increased its position in Take-Two Interactive Software by 36.7% in the 3rd quarter. Neuberger Berman Group LLC now owns 300,000 shares of the company’s stock worth $30,669,000 after buying an additional 80,600 shares during the period. Finally, Alkeon Capital Management LLC increased its position in Take-Two Interactive Software by 10.1% in the 3rd quarter. Alkeon Capital Management LLC now owns 2,843,630 shares of the company’s stock worth $290,705,000 after buying an additional 260,000 shares during the period. 91.23% of the stock is currently owned by institutional investors.

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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.

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

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