Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) have been given an average recommendation of “Moderate Buy” by the eighteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, fifteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $287.9333.

A number of research analysts recently weighed in on the company. UBS Group raised their price objective on Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Wells Fargo & Company dropped their price target on Take-Two Interactive Software from $295.00 to $293.00 and set an “overweight” rating on the stock in a research report on Monday, April 6th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, February 2nd. Raymond James Financial raised Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price target on the stock in a research report on Tuesday, February 10th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd.

Take-Two Interactive Software Stock Up 0.0%

Shares of TTWO stock opened at $242.44 on Friday. The stock’s 50 day simple moving average is $209.44 and its 200 day simple moving average is $226.46. 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 twelve month low of $187.63 and a twelve month high of $264.79. The company has a market capitalization of $44.90 billion, a price-to-earnings ratio of -10.83, a PEG ratio of 3.62 and a beta of 0.97.

Insider Buying and Selling

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 1,698 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $213.62, for a total value of $362,726.76. Following the transaction, the insider directly owned 125,001 shares of the company’s stock, valued at $26,702,713.62. The trade was a 1.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael Sheresky sold 155 shares of Take-Two Interactive Software stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $194.73, for a total value of $30,183.15. Following the completion of the transaction, the director directly owned 65,626 shares in the company, valued at approximately $12,779,350.98. This represents a 0.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 65,292 shares of company stock worth $13,978,938. 1.34% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. MCF Advisors LLC bought a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $25,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Take-Two Interactive Software during the third quarter valued at approximately $26,000. GHP Investment Advisors Inc. bought a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $28,000. Pinnacle Bancorp Inc. bought a new stake in shares of Take-Two Interactive Software during the third quarter valued at approximately $29,000. Finally, Rachor Investment Advisory Services LLC bought a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $34,000. 95.46% of the stock is owned by 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.