Take-Two Interactive Software (NASDAQ:TTWO)‘s stock had its “hold” rating reiterated by stock analysts at Credit Suisse Group in a research report issued to clients and investors on Thursday. They presently have a $116.00 price target on the stock. Credit Suisse Group’s price objective points to a potential upside of 10.59% from the company’s current price.

Several other research firms have also weighed in on TTWO. Buckingham Research raised their target price on Take-Two Interactive Software from $120.00 to $127.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. Bank of America raised their target price on Take-Two Interactive Software from $106.00 to $127.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. Zacks Investment Research lowered Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 27th. TheStreet lowered Take-Two Interactive Software from a “b” rating to a “c+” rating in a research note on Tuesday, November 7th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $135.00 price objective (up from $122.00) on shares of Take-Two Interactive Software in a research note on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $112.90.

Take-Two Interactive Software (TTWO) traded up $0.70 during midday trading on Thursday, reaching $104.89. The company’s stock had a trading volume of 1,935,300 shares, compared to its average volume of 1,949,813. Take-Two Interactive Software has a one year low of $48.00 and a one year high of $120.62. 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 company has a market capitalization of $11,883.19, a price-to-earnings ratio of 40.70, a P/E/G ratio of 3.02 and a beta of 0.81.

In other Take-Two Interactive Software news, CFO Lainie Goldstein sold 30,000 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 $115.54, for a total transaction of $3,466,200.00. Following the sale, the chief financial officer now directly owns 351,019 shares of the company’s stock, valued at $40,556,735.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Dornemann sold 5,500 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $118.50, for a total value of $651,750.00. Following the sale, the director now directly owns 4,777 shares in the company, valued at $566,074.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 66,504 shares of company stock worth $7,729,606. 1.55% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp boosted its holdings in shares of Take-Two Interactive Software by 6.4% in the 1st quarter. Fifth Third Bancorp now owns 1,685 shares of the company’s stock worth $100,000 after acquiring an additional 101 shares in the last quarter. Dupont Capital Management Corp bought a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $102,000. Invictus RG raised its position in Take-Two Interactive Software by 1,188.8% in the 3rd quarter. Invictus RG now owns 1,031 shares of the company’s stock worth $105,000 after purchasing an additional 951 shares during the last quarter. Seven Bridges Advisors LLC raised its position in Take-Two Interactive Software by 2.7% in the 2nd quarter. Seven Bridges Advisors LLC now owns 2,894 shares of the company’s stock worth $110,000 after purchasing an additional 75 shares during the last quarter. Finally, Meeder Asset Management Inc. bought a new position in Take-Two Interactive Software in the 1st quarter worth approximately $114,000. 91.26% 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.

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

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