Brokerages Set Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Price Target at $283.94

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has earned a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, seventeen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $283.9412.

A number of equities research analysts have commented on TTWO shares. Raymond James Financial raised shares of Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price objective on the stock in a research report on Tuesday, February 10th. Wedbush restated an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research note on Thursday, January 29th. Zacks Research downgraded Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. TD Cowen reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Tuesday, November 25th. Finally, Wall Street Zen lowered Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $213.29 on Tuesday. The business has a 50-day simple moving average of $230.29 and a 200-day simple moving average of $240.26. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.14 and a current ratio of 1.14. Take-Two Interactive Software has a one year low of $188.56 and a one year high of $264.79. The company has a market cap of $39.50 billion, a PE ratio of -9.53, a P/E/G ratio of 8.49 and a beta of 0.92.

Insider Buying and Selling

In related news, Director Michael Sheresky sold 155 shares of Take-Two Interactive Software stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $194.73, for a total transaction of $30,183.15. Following the sale, the director directly owned 65,626 shares in the company, valued at $12,779,350.98. This trade represents a 0.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ellen F. Siminoff sold 413 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $200.00, for a total transaction of $82,600.00. Following the completion of the transaction, the director owned 2,286 shares of the company’s stock, valued at $457,200. This represents a 15.30% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 982 shares of company stock worth $214,412. 1.34% of the stock is owned by corporate insiders.

Institutional Trading of Take-Two Interactive Software

Several institutional investors and hedge funds have recently made changes to their positions in the company. MCF Advisors LLC acquired a new position in Take-Two Interactive Software during the fourth quarter worth approximately $25,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Take-Two Interactive Software during the 3rd quarter worth $26,000. Twin Peaks Wealth Advisors LLC acquired a new position in Take-Two Interactive Software in the second quarter valued at $27,000. GHP Investment Advisors Inc. purchased a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at about $28,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of Take-Two Interactive Software during the third quarter worth about $29,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

About Take-Two Interactive Software

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.