Take-Two Interactive Software (TTWO) PT Raised to $135.00

Take-Two Interactive Software (NASDAQ:TTWO) had its target price upped by BMO Capital Markets from $125.00 to $135.00 in a report issued on Monday, November 13th. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target would suggest a potential upside of 21.89% from the stock’s current price.

Other research analysts also recently issued reports about the company. Benchmark reissued a “buy” rating and issued a $100.00 price target (up from $85.00) on shares of Take-Two Interactive Software in a report on Thursday, August 3rd. Jefferies Group reissued a “buy” rating and issued a $108.00 price target (up from $91.00) on shares of Take-Two Interactive Software in a report on Thursday, August 3rd. Stifel Nicolaus reissued a “buy” rating and issued a $96.00 price target (up from $87.00) on shares of Take-Two Interactive Software in a report on Wednesday, August 9th. KeyCorp set a $104.00 price target on Take-Two Interactive Software and gave the company a “buy” rating in a report on Thursday, August 3rd. Finally, MKM Partners reissued a “buy” rating and issued a $97.00 price target (up from $86.00) on shares of Take-Two Interactive Software in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $112.90.

Take-Two Interactive Software (TTWO) opened at $110.76 on Monday. Take-Two Interactive Software has a twelve month low of $46.27 and a twelve month high of $120.62. The stock has a market capitalization of $12,722.62, a P/E ratio of 43.57, a price-to-earnings-growth ratio of 3.24 and a beta of 0.81. 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 related news, CFO Lainie Goldstein sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $115.54, for a total transaction of $3,466,200.00. Following the completion of the sale, the chief financial officer now directly owns 351,019 shares in the company, valued at $40,556,735.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Dornemann sold 5,500 shares of the business’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 value of $651,750.00. Following the sale, the director now owns 4,777 shares of the company’s stock, valued at $566,074.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 66,504 shares of company stock valued at $7,729,606. Corporate insiders own 1.55% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of TTWO. Creative Planning increased its position in shares of Take-Two Interactive Software by 338.7% during the second quarter. Creative Planning now owns 4,492 shares of the company’s stock worth $330,000 after purchasing an additional 3,468 shares in the last quarter. Eqis Capital Management Inc. grew its holdings in Take-Two Interactive Software by 19.6% in the 2nd quarter. Eqis Capital Management Inc. now owns 5,837 shares of the company’s stock valued at $428,000 after buying an additional 957 shares in the last quarter. Oregon Public Employees Retirement Fund grew its holdings in Take-Two Interactive Software by 4.4% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 37,625 shares of the company’s stock valued at $2,761,000 after buying an additional 1,588 shares in the last quarter. Crow Point Partners LLC grew its holdings in Take-Two Interactive Software by 63.4% in the 2nd quarter. Crow Point Partners LLC now owns 1,775 shares of the company’s stock valued at $129,000 after buying an additional 689 shares in the last quarter. Finally, LS Investment Advisors LLC grew its holdings in Take-Two Interactive Software by 17.3% in the 2nd quarter. LS Investment Advisors LLC now owns 10,144 shares of the company’s stock valued at $744,000 after buying an additional 1,496 shares in the last quarter. Hedge funds and other institutional investors own 91.23% of the company’s stock.

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About Take-Two Interactive Software

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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