Take-Two Interactive Software’s (TTWO) Buy Rating Reaffirmed at Benchmark

Benchmark reiterated their buy rating on shares of Take-Two Interactive Software (NASDAQ:TTWO) in a research note published on Friday,Benzinga reports. Benchmark currently has a $225.00 price objective on the stock, up from their prior price objective of $210.00.

A number of other equities analysts have also commented on the stock. Stifel Nicolaus lifted their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. Robert W. Baird raised their price objective on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. lifted their target price on Take-Two Interactive Software from $195.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. TD Cowen raised their price target on Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Finally, 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 research report on Friday. Two equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $208.47.

Take-Two Interactive Software Stock Performance

TTWO stock opened at $208.77 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a 50-day moving average price of $185.94 and a 200-day moving average price of $168.50. Take-Two Interactive Software has a 12 month low of $135.24 and a 12 month high of $212.88.

Insider Activity

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the stock in a transaction dated 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 owns 149,379 shares of the company’s stock, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.45% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Cetera Investment Advisers boosted its stake 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 last quarter. Sanctuary Advisors LLC bought a new position in Take-Two Interactive Software in the second quarter valued at approximately $638,000. Czech National Bank grew its holdings in Take-Two Interactive Software by 9.7% during the 3rd quarter. Czech National Bank now owns 33,207 shares of the company’s stock worth $5,104,000 after acquiring an additional 2,948 shares during the period. GAMMA Investing LLC raised its position in shares of Take-Two Interactive Software by 5.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,709 shares of the company’s stock valued at $263,000 after acquiring an additional 92 shares during the last quarter. Finally, Mather Group LLC. lifted its stake in shares of Take-Two Interactive Software by 13.0% in the 3rd quarter. Mather Group LLC. now owns 1,389 shares of the company’s stock valued at $214,000 after purchasing an additional 160 shares during the period. 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.