Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) had its price objective boosted by analysts at The Goldman Sachs Group from $205.00 to $230.00 in a research note issued on Friday,Benzinga reports. The firm presently has a "buy" rating on the stock. The Goldman Sachs Group's target price would indicate a potential upside of 9.56% from the stock's current price.
Other equities analysts have also issued reports about the stock. StockNews.com upgraded shares of Take-Two Interactive Software from a "sell" rating to a "hold" rating in a research report on Friday, December 6th. Citigroup raised their target price 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. Robert W. Baird raised their target price on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. Moffett Nathanson lifted their price objective on shares of Take-Two Interactive Software from $156.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an "overweight" rating in a research report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, one has given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and an average target price of $208.47.
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Take-Two Interactive Software Stock Performance
Shares of TTWO traded down $2.57 during mid-day trading on Friday, reaching $209.94. 1,783,187 shares of the company's stock were exchanged, compared to its average volume of 1,878,570. 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 stock has a market capitalization of $36.87 billion, a PE ratio of -9.84, a price-to-earnings-growth ratio of 5.68 and a beta of 0.89. The business's fifty day simple moving average is $186.43 and its 200-day simple moving average is $169.17. Take-Two Interactive Software has a 52-week low of $135.24 and a 52-week high of $215.84.
Insider Transactions at Take-Two Interactive Software
In related news, insider Daniel P. Emerson sold 777 shares of the business'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 completion of the transaction, the insider now owns 149,379 shares of the company's stock, valued at approximately $28,029,475.56. The trade was a 0.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.45% of the company's stock.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in TTWO. Wealthfront Advisers LLC raised its stake in 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 valued at $26,223,853,000 after purchasing an additional 142,450,266 shares during the last quarter. State Street Corp increased its stake in shares of 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 valued at $1,675,241,000 after acquiring an additional 880,816 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of 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 valued at $828,994,000 after acquiring an additional 648,982 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Take-Two Interactive Software during the 4th quarter valued at about $115,133,000. Finally, Assenagon Asset Management S.A. increased its stake in shares of Take-Two Interactive Software by 1,780.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company's stock valued at $70,807,000 after acquiring an additional 436,150 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.
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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