Take-Two Interactive Software's (TTWO) Outperform Rating Reaffirmed at Raymond James

Raymond James reiterated their outperform rating on shares of Take-Two Interactive Software (NASDAQ:TTWO - Free Report) in a report issued on Friday,Benzinga reports. They currently have a $220.00 price target on the stock, up from their previous price target of $190.00.

Several other research analysts also recently weighed in on the stock. Moffett Nathanson increased their price target on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a "neutral" rating in a research report on Friday. UBS Group upgraded shares of Take-Two Interactive Software from a "neutral" rating to a "buy" rating and raised their target price for the stock from $175.00 to $230.00 in a report on Monday, January 27th. BMO Capital Markets reiterated an "outperform" rating and set a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Thursday, December 5th. Robert W. Baird boosted their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an "outperform" rating in a report on Thursday, November 7th. Finally, Citigroup lifted their price objective on shares of Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $208.47.

Take-Two Interactive Software Trading Down 1.4 %

Shares of NASDAQ TTWO traded down $3.03 during midday trading on Friday, hitting $209.48. 903,967 shares of the company traded hands, compared to its average volume of 1,844,426. Take-Two Interactive Software has a 12-month low of $135.24 and a 12-month high of $215.84. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a 50-day moving average price of $186.43 and a 200 day moving average price of $169.17. The firm has a market cap of $36.79 billion, a P/E ratio of -9.82, a P/E/G ratio of 5.68 and a beta of 0.89.

Insiders Place Their Bets

In other news, insider Daniel P. Emerson sold 777 shares of the firm's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the transaction, the insider now directly owns 149,379 shares of the company's stock, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.45% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Take-Two Interactive Software

Hedge funds and other institutional investors have recently bought and sold shares of the company. Itau Unibanco Holding S.A. acquired a new stake in Take-Two Interactive Software during the third quarter worth about $27,000. Assetmark Inc. increased its position in Take-Two Interactive Software by 155.9% during the fourth quarter. Assetmark Inc. now owns 174 shares of the company's stock worth $32,000 after purchasing an additional 106 shares during the last quarter. Versant Capital Management Inc increased its position in Take-Two Interactive Software by 87.0% during the fourth quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after purchasing an additional 87 shares during the last quarter. Truvestments Capital LLC acquired a new stake in Take-Two Interactive Software during the third quarter worth about $31,000. Finally, Friedenthal Financial acquired a new stake in Take-Two Interactive Software during the fourth quarter worth about $50,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

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.