Take-Two Interactive Software (NASDAQ:TTWO) Earns “Outperform” Rating from Raymond James

Take-Two Interactive Software (NASDAQ:TTWO)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Raymond James in a research report issued on Friday,Benzinga reports. They presently have a $220.00 price objective on the stock, up from their previous price objective of $190.00. Raymond James’ target price suggests a potential upside of 4.90% from the company’s current price.

A number of other research firms also recently weighed in on TTWO. 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 report on Wednesday, December 11th. Moffett Nathanson increased their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the company a “neutral” rating in a report on Friday. Roth Mkm increased their target price on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Robert W. Baird upped their price target 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. Finally, Morgan Stanley increased their target price on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Two research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average price target of $205.05.

Take-Two Interactive Software Stock Up 14.6 %

Take-Two Interactive Software stock traded up $26.64 during midday trading on Friday, hitting $209.72. The stock had a trading volume of 3,540,890 shares, compared to its average volume of 1,685,298. The stock has a market cap of $36.83 billion, a P/E ratio of -9.90, a P/E/G ratio of 5.76 and a beta of 0.89. The business has a fifty day moving average price of $185.53 and a 200 day moving average price of $168.10. Take-Two Interactive Software has a 12 month low of $135.24 and a 12 month high of $210.00. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53.

Insider Transactions at Take-Two Interactive Software

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

Institutional Trading of Take-Two Interactive Software

Several hedge funds and other institutional investors have recently modified their holdings of the business. Itau Unibanco Holding S.A. purchased a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $27,000. Truvestments Capital LLC purchased a new stake in Take-Two Interactive Software during the 3rd quarter valued at $31,000. Assetmark Inc. raised its holdings in Take-Two Interactive Software by 155.9% in the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after purchasing an additional 106 shares in the last quarter. Versant Capital Management Inc raised its holdings in Take-Two Interactive Software by 87.0% in the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company’s stock worth $34,000 after purchasing an additional 87 shares in the last quarter. Finally, Catalyst Capital Advisors LLC increased its stake in shares of Take-Two Interactive Software by 69.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company’s stock worth $43,000 after acquiring an additional 115 shares in the last quarter. 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.