Take-Two Interactive Software (NASDAQ:TTWO) Coverage Initiated by Analysts at DA Davidson

DA Davidson initiated coverage on shares of Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) in a research note issued to investors on Tuesday, Marketbeat.com reports. The firm set a "buy" rating and a $250.00 price target on the stock. DA Davidson's target price would suggest a potential upside of 18.12% from the company's previous close.

Several other equities analysts also recently weighed in on the stock. BMO Capital Markets reaffirmed an "outperform" rating and set a $240.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Benchmark reaffirmed a "buy" rating and set a $225.00 price target (up previously from $210.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. StockNews.com downgraded shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Monday, February 10th. UBS Group raised shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and lifted their price target for the company from $175.00 to $230.00 in a report on Monday, January 27th. Finally, Morgan Stanley lifted their price target on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and a consensus price target of $210.55.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO traded down $3.59 during trading hours on Tuesday, hitting $211.65. 1,427,127 shares of the stock traded hands, compared to its average volume of 1,803,456. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software has a 1 year low of $135.24 and a 1 year high of $218.75. The company has a market cap of $37.36 billion, a price-to-earnings ratio of -9.92, a price-to-earnings-growth ratio of 6.82 and a beta of 0.89. The stock has a 50 day moving average price of $190.12 and a 200 day moving average price of $172.39.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the business's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the transaction, the insider now owns 149,379 shares in the company, valued at $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.45% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Wealthfront Advisers LLC increased its position in Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock valued at $26,223,853,000 after acquiring an additional 142,450,266 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Take-Two Interactive Software by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 19,359,463 shares of the company's stock valued at $3,563,690,000 after buying an additional 99,909 shares in the last quarter. State Street Corp grew its stake in Take-Two Interactive Software by 8.8% in the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company's stock worth $1,675,241,000 after acquiring an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Take-Two Interactive Software by 13.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company's stock worth $828,994,000 after acquiring an additional 648,982 shares during the period. Finally, Capital International Investors raised its stake in shares of Take-Two Interactive Software by 9.5% during the fourth quarter. Capital International Investors now owns 4,883,746 shares of the company's stock valued at $899,036,000 after acquiring an additional 424,893 shares in the last quarter. Institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.