StockNews.com upgraded shares of Take-Two Interactive Software (NASDAQ:TTWO - Free Report) from a sell rating to a hold rating in a report released on Friday.
Several other analysts have also recently issued reports on the company. Benchmark upped their target price on Take-Two Interactive Software from $200.00 to $210.00 and gave the company a "buy" rating in a report on Wednesday, August 21st. Wedbush reaffirmed an "outperform" rating and issued a $190.00 price target on shares of Take-Two Interactive Software in a research note on Thursday, November 7th. HSBC upgraded Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 price target for the company in a report on Monday, August 12th. Morgan Stanley boosted their price objective 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. Finally, Bank of America reaffirmed a "buy" rating and set a $185.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Three research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Take-Two Interactive Software has an average rating of "Moderate Buy" and an average target price of $194.25.
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Take-Two Interactive Software Price Performance
NASDAQ TTWO traded down $0.32 during mid-day trading on Friday, hitting $189.71. The stock had a trading volume of 1,500,806 shares, compared to its average volume of 1,599,001. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The firm's 50 day moving average is $168.69 and its 200 day moving average is $159.01. The stock has a market capitalization of $33.32 billion, a price-to-earnings ratio of -8.95, a PEG ratio of 6.18 and a beta of 0.89. Take-Two Interactive Software has a twelve month low of $135.24 and a twelve month high of $191.91.
Insider Buying and Selling at Take-Two Interactive Software
In other news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the transaction, the insider now owns 149,379 shares in the company, valued at approximately $28,029,475.56. This represents a 0.52 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.45% of the company's stock.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of TTWO. Itau Unibanco Holding S.A. purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at $27,000. Crewe Advisors LLC grew its position in shares of Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company's stock valued at $30,000 after buying an additional 143 shares during the last quarter. UMB Bank n.a. grew its position in shares of 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 buying an additional 121 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at $31,000. Finally, Blue Trust Inc. grew its stake in Take-Two Interactive Software by 410.6% during the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company's stock worth $36,000 after buying an additional 193 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.
About Take-Two Interactive Software
(
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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.
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