Shares of Take-Two Interactive Software Inc. (NASDAQ:TTWO) 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 firms have recently issued reports on TTWO. Stifel Nicolaus reiterated a “buy” rating and set a $41.00 target price on shares of Take-Two Interactive Software in a report on Tuesday. Jefferies Group reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday. Pacific Crest reiterated a “hold” rating on shares of Take-Two Interactive Software in a report on Saturday, June 4th. TheStreet upgraded shares of Take-Two Interactive Software to a “buy” rating in a report on Thursday, May 26th. Finally, Zacks Investment Research lowered shares of Take-Two Interactive Software from a “hold” rating to a “sell” rating in a report on Tuesday, April 5th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the stock. Take-Two Interactive Software currently has an average rating of “Buy” and an average price target of $39.58.

The stock’s 50 day moving average price is $38.33 and its 200 day moving average price is $35.93. The firm’s market capitalization is $3.31 billion.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings results on Wednesday, May 18th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.20. The business earned $342.50 million during the quarter, compared to analysts’ expectations of $303.95 million. Take-Two Interactive Software’s revenue for the quarter was down 19.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.49 EPS. On average, analysts forecast that Take-Two Interactive Software Inc. will post $1.29 earnings per share for the current year.

In related news, VP Daniel P. Emerson sold 13,051 shares of the stock in a transaction that occurred on Monday, May 23rd. The shares were 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 of the company’s stock, valued at $4,041,121.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jon J. Moses sold 10,000 shares of the stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $38.90, for a total transaction of $389,000.00. Following the sale, the director now directly owns 18,720 shares of the company’s stock, valued at approximately $728,208. The disclosure for this sale can be found here.

A number of large investors have recently bought and sold shares of the stock. Neuberger Berman Group LLC purchased a new stake in Take-Two Interactive Software during the fourth quarter worth approximately $1,224,000. State of Wisconsin Investment Board boosted its stake in 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. Stevens Capital Management LP boosted its stake in Take-Two Interactive Software by 506.9% in the fourth quarter. Stevens Capital Management LP now owns 119,505 shares of the company’s stock worth $4,164,000 after buying an additional 99,813 shares during the last quarter. Rhumbline Advisers boosted its stake in Take-Two Interactive Software by 4.2% in the fourth quarter. Rhumbline Advisers now owns 124,908 shares of the company’s stock worth $4,352,000 after buying an additional 5,040 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its stake in 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.

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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