Brokerages Set Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Price Target at $208.47

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) have been given a consensus rating of "Buy" by the twenty research firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, eighteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $208.47.

A number of research firms recently issued reports on TTWO. Citigroup lifted their price target on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the company a "buy" rating in a research note on Wednesday, December 11th. Raymond James reissued an "outperform" rating and issued a $220.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. StockNews.com cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Monday, February 10th. Oppenheimer lifted their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research note on Tuesday, January 21st. Finally, Stifel Nicolaus lifted their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a "buy" rating in a research note on Tuesday, January 21st.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO traded down $1.33 during trading on Friday, hitting $208.76. 1,454,175 shares of the stock traded hands, compared to its average volume of 1,516,742. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The company has a market cap of $36.66 billion, a price-to-earnings ratio of -9.79, a P/E/G ratio of 5.68 and a beta of 0.89. The company has a fifty day moving average price of $188.49 and a two-hundred day moving average price of $171.27. Take-Two Interactive Software has a 52-week low of $135.24 and a 52-week high of $215.84.

Insider Buying and Selling

In related news, insider Daniel P. Emerson sold 777 shares of the company's stock in a transaction that occurred 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 sale, the insider now directly owns 149,379 shares in the company, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.45% of the company's stock.

Hedge Funds Weigh In On Take-Two Interactive Software

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TTWO. Wealthfront Advisers LLC boosted its holdings in Take-Two Interactive Software by 1,630,798.7% in the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock valued at $26,223,853,000 after purchasing an additional 142,450,266 shares in the last quarter. Norges Bank acquired a new position in Take-Two Interactive Software in the fourth quarter valued at approximately $495,086,000. State Street Corp boosted its holdings in Take-Two Interactive Software by 8.8% in the third quarter. State Street Corp now owns 10,899,267 shares of the company's stock valued at $1,675,241,000 after purchasing an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Take-Two Interactive Software by 13.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company's stock valued at $828,994,000 after purchasing an additional 648,982 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Take-Two Interactive Software in the fourth quarter valued at approximately $115,133,000. 95.46% of the stock is owned by institutional investors and hedge funds.

About Take-Two Interactive Software

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.