BTIG Research initiated coverage on shares of Take-Two Interactive Software (NASDAQ:TTWO) in a research note published on Monday, Marketbeat.com reports. The brokerage issued a buy rating and a $142.00 price target on the stock.

Other equities research analysts have also recently issued research reports about the stock. Piper Jaffray Companies reaffirmed a buy rating and issued a $100.00 price target on shares of Take-Two Interactive Software in a research report on Sunday, September 10th. Goldman Sachs Group initiated coverage on shares of Take-Two Interactive Software in a research report on Friday, September 8th. They issued a buy rating and a $118.00 price target for the company. KeyCorp reaffirmed a buy rating and issued a $104.00 price target on shares of Take-Two Interactive Software in a research report on Friday, September 8th. Cowen reaffirmed a buy rating and issued a $83.00 price target on shares of Take-Two Interactive Software in a research report on Friday, September 8th. Finally, Stifel Nicolaus reaffirmed a buy rating and issued a $105.00 price target (up previously from $96.00) on shares of Take-Two Interactive Software in a research report on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Take-Two Interactive Software has a consensus rating of Buy and a consensus price target of $114.23.

Shares of Take-Two Interactive Software (NASDAQ TTWO) opened at $108.75 on Monday. Take-Two Interactive Software has a 52-week low of $48.58 and a 52-week high of $120.62. The stock has a market cap of $12,460.00, a PE ratio of 43.09, a price-to-earnings-growth ratio of 3.20 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.

In other Take-Two Interactive Software news, CFO Lainie Goldstein sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $115.54, for a total transaction of $3,466,200.00. Following the transaction, the chief financial officer now owns 351,019 shares in the company, valued at approximately $40,556,735.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Dornemann sold 5,500 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $118.50, for a total transaction of $651,750.00. Following the transaction, the director now owns 4,777 shares in the company, valued at approximately $566,074.50. The disclosure for this sale can be found here. Insiders have 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.

A number of institutional investors have recently modified their holdings of TTWO. Cigna Investments Inc. New increased its stake in Take-Two Interactive Software by 1.3% during the 2nd quarter. Cigna Investments Inc. New now owns 3,971 shares of the company’s stock valued at $291,000 after purchasing an additional 52 shares in the last quarter. First Trust Advisors LP acquired a new position in Take-Two Interactive Software during the 2nd quarter valued at approximately $3,589,000. Conning Inc. acquired a new position in Take-Two Interactive Software during the 2nd quarter valued at approximately $203,000. State of Wisconsin Investment Board acquired a new position in Take-Two Interactive Software during the 2nd quarter valued at approximately $1,451,000. Finally, Legal & General Group Plc increased its stake in Take-Two Interactive Software by 26.8% during the 2nd quarter. Legal & General Group Plc now owns 80,142 shares of the company’s stock valued at $5,881,000 after purchasing an additional 16,947 shares in the last quarter. Institutional investors and hedge funds own 91.15% of the company’s stock.

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About Take-Two Interactive Software

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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