Moffett Nathanson Issues Positive Forecast for Take-Two Interactive Software (NASDAQ:TTWO) Stock Price

Take-Two Interactive Software (NASDAQ:TTWO) had its price target upped by Moffett Nathanson from $156.00 to $170.00 in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other equities analysts also recently commented on the company. The Goldman Sachs Group boosted their price objective on Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 7th. TD Cowen raised their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Robert W. Baird increased their price objective on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. StockNews.com raised Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Finally, BMO Capital Markets restated an “outperform” rating and set a $240.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Two research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $208.47.

Take-Two Interactive Software Stock Up 14.0 %

TTWO opened at $208.77 on Friday. The firm’s fifty day moving average price is $185.94 and its 200 day moving average price is $168.50. Take-Two Interactive Software has a 12-month low of $135.24 and a 12-month high of $212.88. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total transaction of $145,796.28. Following the sale, the insider now directly owns 149,379 shares of the company’s stock, valued at $28,029,475.56. The trade was a 0.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.45% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Cetera Investment Advisers increased its holdings in shares of Take-Two Interactive Software by 12.8% in the 2nd quarter. Cetera Investment Advisers now owns 14,987 shares of the company’s stock valued at $2,330,000 after purchasing an additional 1,706 shares during the period. Sanctuary Advisors LLC purchased a new stake in Take-Two Interactive Software in the 2nd quarter worth approximately $638,000. Czech National Bank boosted its stake in shares of Take-Two Interactive Software by 9.7% during the 3rd quarter. Czech National Bank now owns 33,207 shares of the company’s stock valued at $5,104,000 after buying an additional 2,948 shares during the period. GAMMA Investing LLC raised its holdings in shares of Take-Two Interactive Software by 5.7% during the third quarter. GAMMA Investing LLC now owns 1,709 shares of the company’s stock worth $263,000 after acquiring an additional 92 shares in the last quarter. Finally, Mather Group LLC. increased its position in Take-Two Interactive Software by 13.0% in the 3rd quarter. Mather Group LLC. now owns 1,389 shares of the company’s stock worth $214,000 after purchasing an additional 160 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Company Profile

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.