Take-Two Interactive Software (NASDAQ:TTWO) Upgraded at UBS Group

UBS Group upgraded shares of Take-Two Interactive Software (NASDAQ:TTWO) from a neutral rating to a buy rating in a research report report published on Monday, MarketBeat Ratings reports. The firm currently has $230.00 price target on the stock, up from their prior price target of $175.00.

Several other brokerages also recently commented on TTWO. JPMorgan Chase & Co. upped their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Roth Mkm lifted their price objective on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Citigroup upped their target price on Take-Two Interactive Software from $200.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. BMO Capital Markets reissued an “outperform” rating and set a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Finally, Stifel Nicolaus raised their target price on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $203.47.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $190.09 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. Take-Two Interactive Software has a fifty-two week low of $135.24 and a fifty-two week high of $192.14. The business has a 50 day moving average price of $185.67 and a 200-day moving average price of $166.78. The firm has a market cap of $33.39 billion, a PE ratio of -8.98, a price-to-earnings-growth ratio of 5.84 and a beta of 0.89.

Insider Transactions at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was 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 directly owns 149,379 shares in the company, valued at $28,029,475.56. This represents a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the transaction, the director now owns 9,692 shares in the company, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.45% of the company’s stock.

Hedge Funds Weigh In On Take-Two Interactive Software

Several large investors have recently added to or reduced their stakes in TTWO. Fifth Third Bancorp lifted its stake in shares of Take-Two Interactive Software by 0.3% during the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock valued at $3,157,000 after buying an additional 57 shares in the last quarter. Y.D. More Investments Ltd grew its position in shares of Take-Two Interactive Software by 2.0% during the fourth quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock worth $563,000 after purchasing an additional 61 shares in the last quarter. Hartford Investment Management Co. raised its stake in Take-Two Interactive Software by 0.7% during the 3rd quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock valued at $1,576,000 after purchasing an additional 74 shares during the period. Huntington National Bank boosted its stake in Take-Two Interactive Software by 9.3% in the 3rd quarter. Huntington National Bank now owns 896 shares of the company’s stock worth $138,000 after purchasing an additional 76 shares during the period. Finally, Sanctuary Advisors LLC grew its holdings in Take-Two Interactive Software by 1.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 4,493 shares of the company’s stock valued at $691,000 after buying an additional 79 shares in the last quarter. Hedge funds and other 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.