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

Benchmark reaffirmed their buy rating on shares of Take-Two Interactive Software (NASDAQ:TTWO) in a research note released on Friday morning, Benzinga reports. They currently have a $200.00 target price on the stock.

TTWO has been the topic of a number of other research reports. The Goldman Sachs Group boosted their target price on shares of Take-Two Interactive Software from $165.00 to $200.00 and gave the company a buy rating in a research report on Friday, January 19th. Wedbush reiterated an outperform rating and set a $190.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday, April 17th. Wells Fargo & Company boosted their price target on shares of Take-Two Interactive Software from $170.00 to $193.00 and gave the company an overweight rating in a research note on Thursday, February 1st. Moffett Nathanson lowered shares of Take-Two Interactive Software from a buy rating to a neutral rating and decreased their price target for the company from $169.00 to $167.00 in a research note on Monday, February 5th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Take-Two Interactive Software from $188.00 to $180.00 and set an overweight rating for the company in a research note on Friday, February 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus price target of $176.39.

Take-Two Interactive Software Stock Down 0.5 %

Shares of NASDAQ TTWO opened at $139.96 on Friday. The company has a market capitalization of $23.88 billion, a P/E ratio of -16.31, a price-to-earnings-growth ratio of 1.20 and a beta of 0.74. Take-Two Interactive Software has a 52-week low of $119.57 and a 52-week high of $171.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.82 and a current ratio of 0.82. The company’s 50 day moving average price is $148.27 and its 200-day moving average price is $152.27.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Thursday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). Take-Two Interactive Software had a negative net margin of 26.90% and a positive return on equity of 3.03%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. Equities analysts forecast that Take-Two Interactive Software will post 0.87 earnings per share for the current year.

Insider Activity at Take-Two Interactive Software

In related news, President Karl Slatoff sold 90,851 shares of the stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the completion of the transaction, the president now owns 87,286 shares in the company, valued at $12,965,462.44. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, Director Michael Sheresky sold 260 shares of the stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $155.72, for a total transaction of $40,487.20. Following the completion of the transaction, the director now owns 63,645 shares in the company, valued at $9,910,799.40. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, President Karl Slatoff sold 90,851 shares of the stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the transaction, the president now owns 87,286 shares of the company’s stock, valued at approximately $12,965,462.44. The disclosure for this sale can be found here. 1.37% of the stock is owned by company insiders.

Institutional Investors Weigh In On Take-Two Interactive Software

Institutional investors have recently added to or reduced their stakes in the business. CVA Family Office LLC purchased a new stake in Take-Two Interactive Software during the fourth quarter valued at about $25,000. MCF Advisors LLC lifted its holdings in Take-Two Interactive Software by 1,677.8% during the fourth quarter. MCF Advisors LLC now owns 160 shares of the company’s stock valued at $26,000 after purchasing an additional 151 shares during the last quarter. Wetzel Investment Advisors Inc. purchased a new stake in Take-Two Interactive Software during the fourth quarter valued at about $26,000. Pin Oak Investment Advisors Inc. lifted its holdings in Take-Two Interactive Software by 485.7% during the fourth quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock valued at $26,000 after purchasing an additional 136 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC lifted its holdings in Take-Two Interactive Software by 110.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 177 shares of the company’s stock valued at $25,000 after purchasing an additional 93 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.