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

Take-Two Interactive Software (NASDAQ:TTWO) had its price target raised by Roth Mkm from $180.00 to $182.00 in a research note published on Thursday,Benzinga reports. Roth Mkm currently has a buy rating on the stock.

Other research analysts have also issued research reports about the company. UBS Group lifted their price target on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday. Bank of America reiterated a “buy” rating and set a $185.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Hsbc Global Res raised Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 12th. Redburn Atlantic started coverage on shares of Take-Two Interactive Software in a research note on Thursday, August 29th. They issued a “buy” rating and a $194.00 price objective for the company. Finally, Benchmark raised their price objective on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Two investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $188.05.

Take-Two Interactive Software Trading Down 0.7 %

Shares of TTWO stock opened at $177.90 on Thursday. The stock’s fifty day moving average is $156.75 and its two-hundred day moving average is $153.79. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $31.18 billion, a P/E ratio of -8.41, a PEG ratio of 5.09 and a beta of 0.85. Take-Two Interactive Software has a fifty-two week low of $135.24 and a fifty-two week high of $180.53.

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

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $149.83, for a total value of $28,617.53. Following the transaction, the director now directly owns 64,378 shares in the company, valued at approximately $9,645,755.74. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 TTWO. ORG Partners LLC increased its position in Take-Two Interactive Software by 5,533.3% during the 1st quarter. ORG Partners LLC now owns 169 shares of the company’s stock worth $25,000 after purchasing an additional 166 shares in the last quarter. Crewe Advisors LLC boosted its stake in shares of Take-Two Interactive Software by 297.9% during the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after buying an additional 143 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of Take-Two Interactive Software by 155.1% during the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after buying an additional 121 shares during the last quarter. HHM Wealth Advisors LLC purchased a new position in shares of Take-Two Interactive Software during the 2nd quarter valued at approximately $37,000. Finally, Blue Trust Inc. boosted its stake in shares of Take-Two Interactive Software by 410.6% during the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company’s stock valued at $36,000 after buying an additional 193 shares during the last quarter. Institutional investors and hedge funds 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.