Take-Two Interactive Software, Inc. (NASDAQ:TTWO) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $92.29 and last traded at $92.15, with a volume of 623,868 shares trading hands. The stock had previously closed at $90.66.

A number of brokerages have recently issued reports on TTWO. Stifel Nicolaus reissued a “buy” rating and set a $96.00 price objective (up previously from $87.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Macquarie reissued an “outperform” rating and set a $99.00 price objective (up previously from $82.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. MKM Partners reissued a “buy” rating and set a $97.00 price objective (up previously from $86.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Benchmark Co. reissued a “buy” rating and set a $100.00 price objective (up previously from $85.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Finally, Credit Suisse Group reissued a “neutral” rating and set a $73.00 price objective on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $85.22.

The company has a market cap of $9.61 billion, a price-to-earnings ratio of 54.32 and a beta of 0.83. The company has a 50 day moving average of $80.07 and a 200 day moving average of $67.83.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.25. The firm had revenue of $348.30 million for the quarter, compared to the consensus estimate of $280.70 million. Take-Two Interactive Software had a net margin of 8.73% and a return on equity of 28.89%. The company’s revenue for the quarter was up 27.8% on a year-over-year basis. During the same period last year, the firm posted ($0.21) earnings per share. On average, equities analysts forecast that Take-Two Interactive Software, Inc. will post $2.16 earnings per share for the current year.

In other news, VP Daniel P. Emerson sold 5,884 shares of the firm’s stock in a transaction dated Tuesday, May 30th. The shares were sold at an average price of $76.68, for a total value of $451,185.12. Following the transaction, the vice president now directly owns 117,019 shares of the company’s stock, valued at $8,973,016.92. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael Sheresky sold 465 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $89.96, for a total transaction of $41,831.40. Following the completion of the transaction, the director now directly owns 69,006 shares in the company, valued at $6,207,779.76. The disclosure for this sale can be found here. Over the last three months, insiders sold 147,305 shares of company stock worth $12,321,946. Insiders own 1.55% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its position in Take-Two Interactive Software by 0.4% in the second quarter. Janney Montgomery Scott LLC now owns 9,750 shares of the company’s stock valued at $715,000 after buying an additional 39 shares in the last quarter. Profund Advisors LLC increased its position in Take-Two Interactive Software by 0.3% in the first quarter. Profund Advisors LLC now owns 16,831 shares of the company’s stock valued at $998,000 after buying an additional 45 shares in the last quarter. Cigna Investments Inc. New increased its position in Take-Two Interactive Software by 1.3% in the second quarter. Cigna Investments Inc. New now owns 3,971 shares of the company’s stock valued at $291,000 after buying an additional 52 shares in the last quarter. Fifth Third Bancorp increased its position in Take-Two Interactive Software by 6.4% in the first quarter. Fifth Third Bancorp now owns 1,685 shares of the company’s stock valued at $100,000 after buying an additional 101 shares in the last quarter. Finally, First Citizens Bank & Trust Co. increased its position in Take-Two Interactive Software by 1.8% in the second quarter. First Citizens Bank & Trust Co. now owns 7,194 shares of the company’s stock valued at $528,000 after buying an additional 129 shares in the last quarter. 95.60% of the stock is currently owned by hedge funds and other institutional investors.

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Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

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