KeyCorp restated their buy rating on shares of Take-Two Interactive Software (NASDAQ:TTWO) in a research report report published on Tuesday, December 19th.
TTWO has been the topic of several other research reports. Benchmark reiterated a buy rating and issued a $110.00 price target (up previously from $100.00) on shares of Take-Two Interactive Software in a report on Saturday, September 16th. MKM Partners raised their price objective on Take-Two Interactive Software from $97.00 to $122.00 and gave the company a buy rating in a research report on Monday, October 30th. BMO Capital Markets raised their price objective on Take-Two Interactive Software from $125.00 to $135.00 and gave the company an outperform rating in a research report on Monday, November 13th. Barclays started coverage on Take-Two Interactive Software in a research report on Wednesday, October 4th. They issued an overweight rating and a $115.00 price target for the company. Finally, Stifel Nicolaus reaffirmed a buy rating and issued a $105.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of $114.23.
Shares of Take-Two Interactive Software (TTWO) traded up $0.32 during trading on Tuesday, hitting $117.30. 1,757,691 shares of the stock traded hands, compared to its average volume of 2,250,000. The company has a market capitalization of $13,380.00, a PE ratio of 107.61, a price-to-earnings-growth ratio of 3.39 and a beta of 0.80. Take-Two Interactive Software has a 1 year low of $50.51 and a 1 year high of $120.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.31.
In other news, Director Michael Dornemann sold 5,500 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $118.50, for a total transaction of $651,750.00. Following the sale, the director now directly owns 4,777 shares of the company’s stock, valued at approximately $566,074.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Strauss Zelnick sold 31,004 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $116.49, for a total value of $3,611,655.96. The disclosure for this sale can be found here. Insiders sold a total of 66,504 shares of company stock valued at $7,729,606 over the last 90 days. 1.55% of the stock is currently owned by corporate insiders.
Large investors have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC grew its position in Take-Two Interactive Software by 109.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 43,369 shares of the company’s stock valued at $4,761,000 after acquiring an additional 22,620 shares during the last quarter. First Citizens Bank & Trust Co. grew its position in Take-Two Interactive Software by 7.1% in the 4th quarter. First Citizens Bank & Trust Co. now owns 12,094 shares of the company’s stock valued at $1,328,000 after acquiring an additional 804 shares during the last quarter. Atlantic Trust Group LLC bought a new position in Take-Two Interactive Software in the 3rd quarter valued at $2,456,000. Parametric Portfolio Associates LLC grew its position in Take-Two Interactive Software by 103.6% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 221,857 shares of the company’s stock valued at $22,680,000 after acquiring an additional 112,870 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new position in Take-Two Interactive Software in the 3rd quarter valued at $1,768,000. Institutional investors own 91.15% of the company’s stock.
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Take-Two Interactive Software Company Profile
Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.
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