Take-Two Interactive Software (NASDAQ:TTWO) Price Target Raised to $182.00

Take-Two Interactive Software (NASDAQ:TTWO) had its price objective hoisted by Roth Mkm from $180.00 to $182.00 in a report issued on Thursday,Benzinga reports. They currently have a buy rating on the stock.

A number of other analysts have also recently commented on the stock. Bank of America restated a “buy” rating and set a $185.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Redburn Atlantic initiated coverage on Take-Two Interactive Software in a research report on Thursday, August 29th. They issued a “buy” rating and a $194.00 price target for the company. JPMorgan Chase & Co. lowered their price target on Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Tuesday, October 22nd. Stifel Nicolaus lifted their price target on Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Finally, Morgan Stanley lifted their price target on Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 23rd. Two equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $188.05.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $177.90 on Thursday. Take-Two Interactive Software has a 12 month low of $135.24 and a 12 month high of $180.53. The stock has a market cap of $31.18 billion, a PE ratio of -8.41, a price-to-earnings-growth ratio of 5.09 and a beta of 0.85. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.51. The company’s fifty day moving average price is $156.75 and its 200-day moving average price is $153.79.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Thursday, August 8th. The company reported ($0.30) EPS for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.09. Take-Two Interactive Software had a negative net margin of 66.38% and a positive return on equity of 0.49%. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.24 billion. On average, equities analysts expect that Take-Two Interactive Software will post 1.01 EPS for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 191 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $149.83, for a total transaction of $28,617.53. Following the sale, the director now directly owns 64,378 shares of the company’s stock, valued at $9,645,755.74. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.45% of the company’s stock.

Hedge Funds Weigh In On Take-Two Interactive Software

Several hedge funds and other institutional investors have recently bought and sold shares of TTWO. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in shares of Take-Two Interactive Software by 6.3% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 118,108 shares of the company’s stock worth $18,154,000 after purchasing an additional 7,006 shares during the period. Commerce Bank grew its stake in shares of Take-Two Interactive Software by 2.1% during the 3rd quarter. Commerce Bank now owns 24,928 shares of the company’s stock worth $3,832,000 after purchasing an additional 514 shares during the period. Avior Wealth Management LLC grew its stake in shares of Take-Two Interactive Software by 5.9% during the 3rd quarter. Avior Wealth Management LLC now owns 1,622 shares of the company’s stock worth $249,000 after purchasing an additional 91 shares during the period. PNC Financial Services Group Inc. grew its stake in Take-Two Interactive Software by 7.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 21,649 shares of the company’s stock valued at $3,328,000 after acquiring an additional 1,413 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Take-Two Interactive Software in the 3rd quarter valued at $1,700,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.