ValuEngine cut shares of Take-Two Interactive Software (NASDAQ:TTWO) from a buy rating to a hold rating in a report published on Friday.

Other research analysts have also issued research reports about the company. Benchmark reaffirmed a buy rating and set a $100.00 price target (up previously from $85.00) on shares of Take-Two Interactive Software in a research report on Thursday, August 3rd. Piper Jaffray Companies reaffirmed an overweight rating and set a $100.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, August 3rd. MKM Partners reaffirmed a buy rating and set a $97.00 price target (up previously from $86.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Oppenheimer upped their price target on Take-Two Interactive Software from $85.00 to $93.00 and gave the company an outperform rating in a research report on Thursday, August 3rd. Finally, KeyCorp set a $104.00 price target on Take-Two Interactive Software and gave the company a buy rating in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of $112.90.

Take-Two Interactive Software (TTWO) traded down $0.79 on Friday, reaching $110.76. The company’s stock had a trading volume of 2,968,106 shares, compared to its average volume of 2,716,908. The company has a market cap of $12,722.62, a price-to-earnings ratio of 43.57, a price-to-earnings-growth ratio of 3.24 and a beta of 0.81. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.31. Take-Two Interactive Software has a fifty-two week low of $46.27 and a fifty-two week high of $120.62.

In related news, Director Michael Dornemann sold 5,500 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $118.50, for a total value of $651,750.00. Following the sale, the director now owns 4,777 shares in the company, valued at approximately $566,074.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Strauss Zelnick sold 31,004 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $116.49, for a total value of $3,611,655.96. The disclosure for this sale can be found here. Insiders sold a total of 66,504 shares of company stock worth $7,729,606 in the last 90 days. 1.55% of the stock is currently owned by company insiders.

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of Take-Two Interactive Software by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 8,392,574 shares of the company’s stock worth $615,847,000 after buying an additional 115,430 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Take-Two Interactive Software by 1.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,158,753 shares of the company’s stock worth $305,169,000 after buying an additional 78,006 shares during the last quarter. Jackson Square Partners LLC grew its stake in shares of Take-Two Interactive Software by 137.9% in the 3rd quarter. Jackson Square Partners LLC now owns 3,495,068 shares of the company’s stock worth $357,300,000 after buying an additional 2,026,010 shares during the last quarter. Alkeon Capital Management LLC grew its stake in shares of Take-Two Interactive Software by 10.1% in the 3rd quarter. Alkeon Capital Management LLC now owns 2,843,630 shares of the company’s stock worth $290,705,000 after buying an additional 260,000 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Take-Two Interactive Software by 1,045.2% in the 2nd quarter. Renaissance Technologies LLC now owns 1,951,950 shares of the company’s stock worth $143,234,000 after buying an additional 1,781,500 shares during the last quarter. Institutional investors own 91.23% of the company’s stock.

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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.

Analyst Recommendations for Take-Two Interactive Software (NASDAQ:TTWO)

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