Take-Two Interactive Software (NASDAQ:TTWO) Stock Price Expected to Rise, Roth Mkm Analyst Says

Take-Two Interactive Software (NASDAQ:TTWO) had its price target boosted by Roth Mkm from $180.00 to $182.00 in a research report released on Thursday,Benzinga reports. Roth Mkm currently has a buy rating on the stock.

Several other equities analysts have also issued reports on TTWO. Redburn Atlantic assumed coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29th. They issued a “buy” rating and a $194.00 price target for the company. HSBC raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price target for the company in a report on Monday, August 12th. Hsbc Global Res raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. Morgan Stanley raised their price target on shares of Take-Two Interactive Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Tuesday, July 23rd. Finally, UBS Group raised their price objective on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday. Two investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average price target of $188.05.

Take-Two Interactive Software Trading Down 1.3 %

Shares of NASDAQ:TTWO traded down $2.26 during midday trading on Thursday, reaching $176.91. The company’s stock had a trading volume of 1,394,555 shares, compared to its average volume of 1,613,286. Take-Two Interactive Software has a 1 year low of $135.24 and a 1 year high of $180.53. The business has a 50 day moving average price of $156.43 and a 200 day moving average price of $153.44. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.51. The firm has a market cap of $31.01 billion, a price-to-earnings ratio of -8.35, a price-to-earnings-growth ratio of 5.09 and a beta of 0.85.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.30) EPS for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.09. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.24 billion. Take-Two Interactive Software had a positive return on equity of 0.49% and a negative net margin of 66.38%. Research analysts forecast that Take-Two Interactive Software will post 1.01 EPS for the current year.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $149.83, for a total value of $28,617.53. Following the completion of the sale, the director now directly 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 1.45% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in TTWO. ORG Partners LLC raised its position in Take-Two Interactive Software by 5,533.3% in the 1st quarter. ORG Partners LLC now owns 169 shares of the company’s stock valued at $25,000 after purchasing an additional 166 shares in the last quarter. Crewe Advisors LLC increased its stake in Take-Two Interactive Software by 297.9% in the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after purchasing an additional 143 shares during the last quarter. UMB Bank n.a. increased its stake in Take-Two Interactive Software by 155.1% in the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after purchasing an additional 121 shares during the last quarter. Blue Trust Inc. increased its stake in Take-Two Interactive Software by 410.6% during the second quarter. Blue Trust Inc. now owns 240 shares of the company’s stock worth $36,000 after acquiring an additional 193 shares during the last quarter. Finally, HHM Wealth Advisors LLC acquired a new stake in shares of Take-Two Interactive Software in the second quarter valued at about $37,000. 95.46% of the stock is owned by institutional investors and hedge funds.

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.