The Goldman Sachs Group Increases Take-Two Interactive Software (NASDAQ:TTWO) Price Target to $205.00

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) had its target price increased by equities research analysts at The Goldman Sachs Group from $186.00 to $205.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. The Goldman Sachs Group's price target suggests a potential upside of 14.42% from the company's previous close.

A number of other research analysts have also recently commented on the company. Benchmark increased their price target on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a "buy" rating in a research note on Wednesday, August 21st. Roth Mkm lifted their price target on Take-Two Interactive Software from $180.00 to $182.00 and gave the company a "buy" rating in a research note on Thursday. Redburn Atlantic initiated coverage on Take-Two Interactive Software in a research note on Thursday, August 29th. They issued a "buy" rating and a $194.00 price objective for the company. BMO Capital Markets reiterated an "outperform" rating and set a $185.00 target price on shares of Take-Two Interactive Software in a research report on Tuesday, July 30th. Finally, Hsbc Global Res raised shares of Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 12th. Two analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and a consensus price target of $188.05.

Take-Two Interactive Software Price Performance

Shares of TTWO stock traded up $12.55 on Thursday, reaching $179.17. The company had a trading volume of 3,697,518 shares, compared to its average volume of 1,614,247. The business's 50-day moving average is $156.06 and its 200 day moving average is $153.26. Take-Two Interactive Software has a one year low of $135.24 and a one year high of $180.53. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $31.40 billion, a PE ratio of -8.04, a price-to-earnings-growth ratio of 4.98 and a beta of 0.85.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.30) EPS for the quarter, beating the consensus estimate of ($0.39) by $0.09. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.24 billion. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. Equities research analysts forecast that Take-Two Interactive Software will post 1.01 EPS for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 191 shares of the company's stock in a transaction on Monday, August 19th. The shares were sold at an average price of $149.83, for a total value of $28,617.53. Following the completion of the sale, the director now owns 64,378 shares in the company, valued at $9,645,755.74. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 1.45% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. ORG Partners LLC grew its holdings in Take-Two Interactive Software by 5,533.3% during the first quarter. ORG Partners LLC now owns 169 shares of the company's stock valued at $25,000 after purchasing an additional 166 shares during the period. Crewe Advisors LLC increased its holdings in Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company's stock worth $30,000 after acquiring an additional 143 shares during the last quarter. UMB Bank n.a. raised its stake in Take-Two Interactive Software by 155.1% in the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company's stock valued at $31,000 after acquiring an additional 121 shares during the period. HHM Wealth Advisors LLC purchased a new stake in Take-Two Interactive Software during the second quarter valued at about $37,000. Finally, Blue Trust Inc. boosted its position in Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company's stock worth $36,000 after purchasing an additional 193 shares during the period. 95.46% of the stock is owned by institutional investors.

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.