Take-Two Interactive Software (NASDAQ:TTWO) Cut to Sell at StockNews.com

StockNews.com cut shares of Take-Two Interactive Software (NASDAQ:TTWO) from a hold rating to a sell rating in a research report report published on Monday morning.

A number of other brokerages have also weighed in on TTWO. Oppenheimer upped their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 21st. Morgan Stanley upped their target price on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Citigroup upped their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Moffett Nathanson increased their price objective on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. Finally, The Goldman Sachs Group increased their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $208.47.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $209.18 on Monday. The firm has a market capitalization of $36.74 billion, a P/E ratio of -9.81, a P/E/G ratio of 5.68 and a beta of 0.89. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The stock’s 50-day simple moving average is $187.29 and its two-hundred day simple moving average is $169.86. Take-Two Interactive Software has a twelve month low of $135.24 and a twelve month high of $215.84.

Insider Buying and Selling

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $187.64, for a total value of $145,796.28. Following the completion of the sale, the insider now owns 149,379 shares in the company, valued at approximately $28,029,475.56. This trade represents a 0.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.45% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Take-Two Interactive Software

Several institutional investors and hedge funds have recently bought and sold shares of the business. First Horizon Advisors Inc. lifted its holdings in Take-Two Interactive Software by 24.2% in the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after buying an additional 54 shares during the period. Fifth Third Bancorp lifted its holdings in Take-Two Interactive Software by 0.3% in the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock worth $3,157,000 after buying an additional 57 shares during the period. Principal Securities Inc. lifted its holdings in Take-Two Interactive Software by 6.0% in the 4th quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock worth $189,000 after buying an additional 58 shares during the period. Y.D. More Investments Ltd lifted its holdings in Take-Two Interactive Software by 2.0% in the 4th quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock worth $563,000 after buying an additional 61 shares during the period. Finally, Avantax Advisory Services Inc. lifted its holdings in Take-Two Interactive Software by 2.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 2,946 shares of the company’s stock worth $542,000 after buying an additional 73 shares during the period. 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.