Shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) have received a consensus recommendation of “Buy” from the twenty-three brokerages that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $133.50.

TTWO has been the topic of several recent analyst reports. Deutsche Bank initiated coverage on TAKE-TWO INTERACTIVE SOFTWARE in a research note on Tuesday, January 22nd. They set a “buy” rating and a $130.00 target price on the stock. Stephens set a $110.00 target price on TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a research note on Tuesday, March 26th. Zacks Investment Research raised TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “buy” rating and set a $104.00 target price on the stock in a research note on Friday, February 15th. Wedbush reaffirmed an “outperform” rating and set a $119.00 target price on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Thursday, February 7th. Finally, MKM Partners cut their target price on TAKE-TWO INTERACTIVE SOFTWARE to $115.00 and set a “buy” rating on the stock in a research note on Thursday, February 7th.

In other news, CEO Strauss Zelnick sold 144,614 shares of the business’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $94.05, for a total value of $13,600,946.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.07% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Lavaca Capital LLC bought a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE in the 4th quarter worth $25,000. Phocas Financial Corp. bought a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE in the 4th quarter worth $26,000. Synovus Financial Corp raised its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 381.5% in the 4th quarter. Synovus Financial Corp now owns 260 shares of the company’s stock worth $27,000 after buying an additional 206 shares in the last quarter. TCI Wealth Advisors Inc. raised its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 348.4% in the 4th quarter. TCI Wealth Advisors Inc. now owns 278 shares of the company’s stock worth $29,000 after buying an additional 216 shares in the last quarter. Finally, Kistler Tiffany Companies LLC bought a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE in the 4th quarter worth $31,000. 95.44% of the stock is currently owned by institutional investors.

Shares of NASDAQ TTWO opened at $93.60 on Monday. The company has a market capitalization of $10.56 billion, a P/E ratio of 53.49, a P/E/G ratio of 1.42 and a beta of 1.01. TAKE-TWO INTERACTIVE SOFTWARE has a 12-month low of $84.41 and a 12-month high of $139.91.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its earnings results on Wednesday, February 6th. The company reported $3.19 earnings per share for the quarter, beating the consensus estimate of $2.02 by $1.17. The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.50 billion. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 28.92% and a net margin of 14.26%. The firm’s revenue for the quarter was up 139.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.12 EPS. On average, analysts forecast that TAKE-TWO INTERACTIVE SOFTWARE will post 3.15 earnings per share for the current year.

About TAKE-TWO INTERACTIVE SOFTWARE

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

Featured Article: Yield Curve

Analyst Recommendations for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

Receive News & Ratings for TAKE-TWO INTERACTIVE SOFTWARE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAKE-TWO INTERACTIVE SOFTWARE and related companies with MarketBeat.com's FREE daily email newsletter.