Take-Two Interactive Software (NASDAQ:TTWO) Earns Buy Rating from Benchmark

Benchmark reissued their buy rating on shares of Take-Two Interactive Software (NASDAQ:TTWO) in a report released on Friday morning,Benzinga reports. They currently have a $225.00 target price on the stock, up from their previous target price of $210.00.

Several other research analysts have also weighed in on the company. Robert W. Baird lifted their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Roth Mkm boosted their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Raymond James reissued an “outperform” rating and set a $220.00 target price (up from $190.00) on shares of Take-Two Interactive Software in a research note on Friday. UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price target for the company from $175.00 to $230.00 in a report on Monday, January 27th. Finally, Stifel Nicolaus raised their price objective 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. Two research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $208.47.

Take-Two Interactive Software Price Performance

TTWO opened at $208.77 on Friday. The firm’s fifty day moving average is $185.94 and its two-hundred day moving average is $168.50. Take-Two Interactive Software has a twelve month low of $135.24 and a twelve month high of $212.88. 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 Activity

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 777 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were 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 of the company’s stock, valued at $28,029,475.56. The trade was a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.45% of the stock is owned by company insiders.

Institutional Trading of Take-Two Interactive Software

Several large investors have recently made changes to their positions in the company. Wealthfront Advisers LLC raised its holdings in shares of Take-Two Interactive Software by 1,630,798.7% during the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after buying an additional 142,450,266 shares in the last quarter. State Street Corp raised its stake in Take-Two Interactive Software by 8.8% during the third quarter. State Street Corp now owns 10,899,267 shares of the company’s stock worth $1,675,241,000 after acquiring an additional 880,816 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Take-Two Interactive Software by 13.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after acquiring an additional 648,982 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $115,133,000. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Take-Two Interactive Software by 1,780.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company’s stock valued at $70,807,000 after purchasing an additional 436,150 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.