Shares of Take-Two Interactive Software Inc (NASDAQ:TTWO) have earned an average rating of “Buy” from the twenty-seven brokerages that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, nineteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $114.71.

A number of analysts have commented on the stock. Buckingham Research increased their price target on shares of Take-Two Interactive Software from $120.00 to $127.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Credit Suisse Group reiterated a “neutral” rating and issued a $116.00 price target (up previously from $95.00) on shares of Take-Two Interactive Software in a research note on Wednesday, November 8th. Bank of America increased their price target on shares of Take-Two Interactive Software from $106.00 to $127.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Zacks Investment Research cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 27th. Finally, TheStreet lowered shares of Take-Two Interactive Software from a “b” rating to a “c+” rating in a research report on Tuesday, November 7th.

Shares of Take-Two Interactive Software (NASDAQ TTWO) traded up $3.10 on Tuesday, reaching $112.88. 1,570,000 shares of the company traded hands, compared to its average volume of 2,300,000. Take-Two Interactive Software has a fifty-two week low of $48.58 and a fifty-two week high of $120.62. The firm has a market capitalization of $12,870.00, a PE ratio of 103.56, a price-to-earnings-growth ratio of 3.18 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 news, CFO Lainie Goldstein sold 30,000 shares of the firm’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 value of $3,466,200.00. Following the sale, the chief financial officer now directly owns 351,019 shares in the company, valued at approximately $40,556,735.26. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael Dornemann sold 5,500 shares of the firm’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 completion of the sale, the director now owns 4,777 shares in the company, valued at $566,074.50. The disclosure for this sale can be found here. Over the last three months, insiders sold 66,504 shares of company stock worth $7,729,606. Insiders own 1.55% of the company’s stock.

A number of large investors have recently bought and sold shares of TTWO. First Trust Advisors LP acquired a new stake in Take-Two Interactive Software during the 2nd quarter worth approximately $3,589,000. State of Wisconsin Investment Board acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $1,451,000. Legal & General Group Plc lifted its position in shares of Take-Two Interactive Software by 26.8% in the 2nd quarter. Legal & General Group Plc now owns 80,142 shares of the company’s stock worth $5,881,000 after purchasing an additional 16,947 shares during the period. American Century Companies Inc. acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $1,708,000. Finally, Utah Retirement Systems acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $1,332,000. Institutional investors and hedge funds own 91.15% 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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