Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) hit a new 52-week high on Friday after The Goldman Sachs Group raised their price target on the stock from $205.00 to $230.00. The Goldman Sachs Group currently has a buy rating on the stock. Take-Two Interactive Software traded as high as $196.00 and last traded at $206.58, with a volume of 160898 shares trading hands. The stock had previously closed at $183.08.
A number of other equities research analysts have also recently issued reports on TTWO. StockNews.com raised shares of Take-Two Interactive Software from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. TD Cowen upped their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a "buy" rating in a research report on Friday, November 22nd. Stifel Nicolaus lifted their price target on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a research note on Tuesday, January 21st. Oppenheimer increased their price objective on 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, JPMorgan Chase & Co. lifted their target price on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, one has given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $208.47.
Read Our Latest Analysis on TTWO
Insider Activity
In other Take-Two Interactive Software 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 transaction of $145,796.28. Following the sale, the insider now directly 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 accessible through this link. Company insiders own 1.45% of the company's stock.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. Sanctuary Advisors LLC acquired a new stake in Take-Two Interactive Software during the 2nd quarter worth approximately $638,000. Dynamic Advisor Solutions LLC acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter valued at $221,000. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of Take-Two Interactive Software by 241.0% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,330 shares of the company's stock valued at $204,000 after acquiring an additional 940 shares in the last quarter. Valeo Financial Advisors LLC lifted its holdings in shares of Take-Two Interactive Software by 71.2% during the 3rd quarter. Valeo Financial Advisors LLC now owns 6,346 shares of the company's stock valued at $975,000 after acquiring an additional 2,639 shares in the last quarter. Finally, Roberts Wealth Advisors LLC raised its holdings in shares of Take-Two Interactive Software by 1.7% during the 3rd quarter. Roberts Wealth Advisors LLC now owns 24,371 shares of the company's stock valued at $3,727,000 after buying an additional 402 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.
Take-Two Interactive Software Stock Performance
The stock's fifty day moving average is $186.43 and its two-hundred day moving average is $169.17. 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 firm has a market capitalization of $36.77 billion, a price-to-earnings ratio of -9.82, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89.
About Take-Two Interactive Software
(
Get Free Report)
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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