Take-Two Interactive Software Inc. (NASDAQ:TTWO)’s share price fell 1.7% on Thursday . The stock traded as low as $38.74 and last traded at $39.22, with a volume of 894,780 shares changing hands. The stock had previously closed at $39.91.

Several research firms have weighed in on TTWO. BMO Capital Markets reaffirmed an “outperform” rating and set a $46.00 target price on shares of Take-Two Interactive Software in a research note on Friday, May 20th. Wedbush reaffirmed a “hold” rating and set a $30.50 target price on shares of Take-Two Interactive Software in a research note on Saturday, May 14th. Sterne Agee CRT reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Sunday, May 22nd. Pacific Crest reaffirmed a “hold” rating on shares of Take-Two Interactive Software in a research note on Saturday, June 4th. Finally, Jefferies Group reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, July 11th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $39.58.

The firm’s market capitalization is $3.24 billion. The company has a 50-day moving average price of $38.49 and a 200 day moving average price of $36.03.

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

In related news, Director Michael Dornemann sold 11,500 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, June 9th. The stock was sold at an average price of $39.66, for a total value of $456,090.00. Following the sale, the director now owns 10,738 shares of the company’s stock, valued at approximately $425,869.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Daniel P. Emerson sold 13,051 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $36.49, for a total value of $476,230.99. Following the completion of the sale, the vice president now directly owns 110,746 shares in the company, valued at approximately $4,041,121.54. The disclosure for this sale can be found here.

Other large investors have recently made changes to their positions in the company. Principal Financial Group Inc. raised its stake in shares of Take-Two Interactive Software by 3.4% in the fourth quarter. Principal Financial Group Inc. now owns 571,597 shares of the company’s stock worth $19,914,000 after buying an additional 18,649 shares in the last quarter. State of Wisconsin Investment Board raised its stake 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 in the last quarter. New York State Common Retirement Fund raised its stake in shares of Take-Two Interactive Software by 194.6% in the fourth quarter. New York State Common Retirement Fund now owns 516,376 shares of the company’s stock worth $17,991,000 after buying an additional 341,078 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of Take-Two Interactive Software by 1.2% in the fourth quarter. California Public Employees Retirement System now owns 180,200 shares of the company’s stock worth $6,278,000 after buying an additional 2,200 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in shares of 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 in 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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