Take-Two Interactive Software Inc. (NASDAQ:TTWO) shares hit a new 52-week high during trading on Monday . The stock traded as high as $40.86 and last traded at $40.72, with a volume of 638,371 shares. The stock had previously closed at $39.84.

Several research analysts have commented on the company. BMO Capital Markets restated an “outperform” rating and issued a $46.00 target price on shares of Take-Two Interactive Software in a research note on Friday, May 20th. Wedbush restated a “hold” rating and issued a $30.50 target price on shares of Take-Two Interactive Software in a research note on Saturday, May 14th. Sterne Agee CRT reiterated a “buy” rating on shares of Take-Two Interactive Software in a research report on Sunday, May 22nd. Pacific Crest reiterated a “hold” rating on shares of Take-Two Interactive Software in a research report on Saturday, June 4th. Finally, Jefferies Group reiterated a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday. One analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Take-Two Interactive Software currently has a consensus rating of “Buy” and a consensus target price of $39.52.

The stock’s 50-day moving average is $38.06 and its 200-day moving average is $35.85. The firm’s market cap is $3.25 billion.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Wednesday, May 18th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.20. During the same quarter in the prior year, the business posted $0.49 EPS. The business had revenue of $342.50 million for the quarter, compared to analysts’ expectations of $303.95 million. The business’s revenue for the quarter was down 19.9% compared to the same quarter last year. Equities analysts anticipate that Take-Two Interactive Software Inc. will post $1.29 EPS for the current fiscal year.

In related news, VP Daniel P. Emerson sold 13,051 shares of the stock in a transaction dated Monday, May 23rd. The stock was sold at an average price of $36.49, for a total transaction of $476,230.99. Following the completion of the sale, the vice president now owns 110,746 shares in the company, valued at $4,041,121.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Strauss Zelnick sold 50,000 shares of the stock in a transaction dated Wednesday, June 8th. The stock was sold at an average price of $39.14, for a total value of $1,957,000.00. The disclosure for this sale can be found here.

Other institutional investors have recently made changes to their positions in the company. Neuberger Berman Group LLC purchased a new position in shares of Take-Two Interactive Software during the fourth quarter worth approximately $1,224,000. First Trust Advisors LP raised its position in shares of Take-Two Interactive Software by 63.5% in the fourth quarter. First Trust Advisors LP now owns 41,613 shares of the company’s stock worth $1,450,000 after buying an additional 16,169 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of Take-Two Interactive Software by 11.6% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 78,730 shares of the company’s stock worth $2,743,000 after buying an additional 8,202 shares during the last quarter. State of Wisconsin Investment Board raised its position in shares of Take-Two Interactive Software by 3.1% in the fourth quarter. State of Wisconsin Investment Board now owns 91,227 shares of the company’s stock worth $3,178,000 after buying an additional 2,728 shares during the last quarter. Finally, Sei Investments Co. raised its position in shares of Take-Two Interactive Software by 13.4% in the fourth quarter. Sei Investments Co. now owns 109,862 shares of the company’s stock worth $3,828,000 after buying an additional 12,993 shares during the last quarter.

Take-Two Interactive Software, Inc is a developer, publisher and marketer of interactive entertainment. The Company develops and publishes products through its two wholly owned labels Rockstar Games and 2K. The Company 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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