Take-Two Interactive Software (NASDAQ:TTWO) Rating Lowered to Sell at StockNews.com

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating in a report released on Monday.

Other equities research analysts have also issued reports about the company. Roth Mkm raised their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. TD Cowen increased their price target on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a "buy" rating in a report on Friday, November 22nd. Stifel Nicolaus increased their price target on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. Citigroup increased their price target on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th. Finally, Robert W. Baird increased their price target on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and a consensus target price of $208.47.

Take-Two Interactive Software Trading Down 0.6 %

Shares of NASDAQ:TTWO traded down $1.27 during trading on Monday, hitting $208.82. The company had a trading volume of 1,102,261 shares, compared to its average volume of 1,804,673. The stock has a market cap of $36.67 billion, a price-to-earnings ratio of -9.79, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89. Take-Two Interactive Software has a one year low of $135.24 and a one year high of $215.84. The company has a fifty day simple moving average of $187.69 and a two-hundred day simple moving average of $170.14. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85.

Insider Activity

In other news, insider Daniel P. Emerson sold 777 shares of the firm's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the sale, the insider now owns 149,379 shares of the company's stock, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.45% of the company's stock.

Institutional Trading of Take-Two Interactive Software

A number of institutional investors have recently made changes to their positions in TTWO. Wealthfront Advisers LLC boosted its position in shares of Take-Two Interactive Software by 1,630,798.7% in the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares in the last quarter. Norges Bank acquired a new stake in Take-Two Interactive Software during the 4th quarter worth about $495,086,000. State Street Corp lifted its position in Take-Two Interactive Software by 8.8% during 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 during the period. Massachusetts Financial Services Co. MA lifted its position in Take-Two Interactive Software by 13.7% during the 3rd 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, Raymond James Financial Inc. acquired a new stake in Take-Two Interactive Software during the 4th quarter worth about $115,133,000. Institutional investors and hedge funds own 95.46% of the company's stock.

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.