Take-Two Interactive Software (NASDAQ:TTWO) was upgraded by equities researchers at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued on Saturday.

A number of other brokerages have also commented on TTWO. Buckingham Research lifted their price target on shares of Take-Two Interactive Software from $120.00 to $127.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Credit Suisse Group reiterated a “neutral” rating and issued a $116.00 price target (up from $95.00) on shares of Take-Two Interactive Software in a research note on Wednesday, November 8th. Bank of America lifted their price target on shares of Take-Two Interactive Software from $106.00 to $127.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Zacks Investment Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 27th. Finally, TheStreet lowered shares of Take-Two Interactive Software from a “b” rating to a “c+” rating in a research report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, five have given a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $114.23.

Shares of Take-Two Interactive Software (TTWO) traded up $0.32 during mid-day trading on Friday, hitting $117.30. 1,757,691 shares of the stock were exchanged, compared to its average volume of 2,250,000. Take-Two Interactive Software has a 52-week low of $50.51 and a 52-week high of $120.62. The company has a market capitalization of $13,380.00, a price-to-earnings ratio of 107.61, a PEG ratio of 3.39 and a beta of 0.80. 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 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 shares were sold at an average price of $115.54, for a total transaction of $3,466,200.00. Following the transaction, the chief financial officer now owns 351,019 shares of the company’s stock, valued at $40,556,735.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $116.49, for a total transaction of $3,611,655.96. The disclosure for this sale can be found here. Insiders have sold 66,504 shares of company stock worth $7,729,606 in the last ninety days. Insiders own 1.55% of the company’s stock.

A number of large investors have recently modified their holdings of the business. J.P. Marvel Investment Advisors LLC lifted its holdings in Take-Two Interactive Software by 0.3% during the second quarter. J.P. Marvel Investment Advisors LLC now owns 21,158 shares of the company’s stock valued at $1,553,000 after purchasing an additional 63 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in Take-Two Interactive Software by 0.3% during the third quarter. Teacher Retirement System of Texas now owns 183,981 shares of the company’s stock valued at $18,808,000 after purchasing an additional 562 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in Take-Two Interactive Software by 1.7% during the third quarter. Oregon Public Employees Retirement Fund now owns 38,280 shares of the company’s stock valued at $3,913,000 after purchasing an additional 655 shares in the last quarter. Advisor Group Inc. lifted its holdings in Take-Two Interactive Software by 26.3% during the third quarter. Advisor Group Inc. now owns 3,566 shares of the company’s stock valued at $364,000 after purchasing an additional 742 shares in the last quarter. Finally, First Citizens Bank & Trust Co. lifted its holdings in shares of Take-Two Interactive Software by 7.1% in the fourth quarter. First Citizens Bank & Trust Co. now owns 12,094 shares of the company’s stock worth $1,328,000 after buying an additional 804 shares in the last quarter. 91.15% of the stock is currently owned by institutional investors and hedge funds.

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Take-Two Interactive Software Company Profile

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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