Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) have earned a consensus recommendation of “Moderate Buy” from the twenty analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, seventeen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $283.9412.

TTWO has been the topic of a number of research reports. DA Davidson reissued a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, February 4th. Jefferies Financial Group raised their price objective on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. B. Riley Financial assumed coverage on Take-Two Interactive Software in a research report on Wednesday, December 10th. They issued a “buy” rating and a $300.00 target price for the company. Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, February 2nd. Finally, UBS Group boosted their price target on Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th.

Take-Two Interactive Software Trading Down 2.1%

Shares of TTWO stock opened at $195.59 on Tuesday. The stock has a market cap of $36.22 billion, a price-to-earnings ratio of -8.74, a price-to-earnings-growth ratio of 8.47 and a beta of 0.92. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.71. Take-Two Interactive Software has a fifty-two week low of $188.56 and a fifty-two week high of $264.79. The firm’s 50 day moving average price is $232.43 and its two-hundred day moving average price is $240.77.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 414 shares of the company’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $245.48, for a total value of $101,628.72. Following the completion of the transaction, the director directly owned 2,429 shares of the company’s stock, valued at $596,270.92. This represents a 14.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael Sheresky sold 155 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $194.73, for a total value of $30,183.15. Following the sale, the director owned 65,626 shares of the company’s stock, valued at $12,779,350.98. This represents a 0.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 982 shares of company stock valued at $214,412 over the last 90 days. Insiders own 1.34% of the company’s stock.

Institutional Investors Weigh In On Take-Two Interactive Software

Hedge funds have recently bought and sold shares of the business. MCF Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $25,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Take-Two Interactive Software in the third quarter worth $26,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Take-Two Interactive Software in the second quarter valued at $27,000. GHP Investment Advisors Inc. bought a new position in Take-Two Interactive Software during the 4th quarter valued at $28,000. Finally, Pinnacle Bancorp Inc. acquired a new position in Take-Two Interactive Software during the 3rd quarter worth $29,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.