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

Take-Two Interactive Software (NASDAQ:TTWO) had its price target increased by equities research analysts at Roth Mkm from $180.00 to $182.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Roth Mkm’s price target would indicate a potential upside of 3.83% from the stock’s previous close.

Several other equities analysts also recently weighed in on TTWO. HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price objective for the company in a research note on Monday, August 12th. Wedbush restated an “outperform” rating and set a $190.00 target price on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Jefferies Financial Group increased their price target on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, July 11th. Benchmark lifted their price objective on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, August 21st. Finally, UBS Group raised their price target on Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday. Two 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 company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $186.70.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO traded up $8.67 during trading hours on Thursday, hitting $175.29. The company’s stock had a trading volume of 1,209,542 shares, compared to its average volume of 1,602,410. The company has a market capitalization of $30.72 billion, a PE ratio of -7.80, a PEG ratio of 4.98 and a beta of 0.85. Take-Two Interactive Software has a 52-week low of $135.24 and a 52-week high of $176.27. The business’s 50-day moving average is $156.06 and its two-hundred day moving average is $153.26. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.90 and a current ratio of 0.90.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.30) EPS for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.09. Take-Two Interactive Software had a negative net margin of 70.33% and a positive return on equity of 1.74%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.24 billion. As a group, research analysts anticipate that Take-Two Interactive Software will post 1.01 EPS for the current fiscal year.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 191 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $149.83, for a total transaction of $28,617.53. Following the transaction, the director now owns 64,378 shares in the company, valued at $9,645,755.74. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.45% of the stock is owned by insiders.

Institutional Trading of Take-Two Interactive Software

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Swiss National Bank increased its position in shares of Take-Two Interactive Software by 2.7% in the 3rd quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after purchasing an additional 13,200 shares during the last quarter. AM Squared Ltd bought a new stake in Take-Two Interactive Software in the third quarter valued at about $46,000. Mutual of America Capital Management LLC raised its stake in Take-Two Interactive Software by 4.7% during the third quarter. Mutual of America Capital Management LLC now owns 40,487 shares of the company’s stock valued at $6,223,000 after buying an additional 1,804 shares in the last quarter. Natixis Advisors LLC lifted its holdings in Take-Two Interactive Software by 3.6% during the 3rd quarter. Natixis Advisors LLC now owns 134,363 shares of the company’s stock worth $20,653,000 after buying an additional 4,693 shares during the last quarter. Finally, Empirical Finance LLC grew its position in shares of Take-Two Interactive Software by 2.8% in the 3rd quarter. Empirical Finance LLC now owns 4,856 shares of the company’s stock worth $746,000 after acquiring an additional 133 shares in the last quarter. 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.