Shares of Take-Two Interactive Software Inc. (NASDAQ:TTWO) saw strong trading volume on Thursday . 1,931,104 shares changed hands during trading, an increase of 31% from the previous session’s volume of 1,471,653 shares.The stock last traded at $42.11 and had previously closed at $42.22.

A number of equities research analysts have recently commented on the company. BMO Capital Markets reiterated 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 reiterated 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 reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Sunday, May 22nd. Jefferies Group reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, July 18th. Finally, Pacific Crest reissued a “hold” rating on shares of Take-Two Interactive Software in a report on Saturday, June 4th. Six research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $42.99.

The firm has a market capitalization of $3.58 billion and a P/E ratio of 176.29. The company has a 50-day moving average of $40.82 and a 200 day moving average of $37.50.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Thursday, August 4th. The company reported ($0.21) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.08. During the same period in the previous year, the company posted $0.31 EPS. The business earned $311.60 million during the quarter, compared to analyst estimates of $258.46 million. The business’s revenue for the quarter was down 25.6% compared to the same quarter last year. On average, equities research analysts forecast that Take-Two Interactive Software Inc. will post $1.26 EPS for the current fiscal year.

In related news, VP Daniel P. Emerson sold 16,348 shares of the company’s stock in a transaction dated Wednesday, June 8th. The stock was sold at an average price of $39.16, for a total value of $640,187.68. Following the completion of the transaction, the vice president now owns 122,633 shares of the company’s stock, valued at approximately $4,802,308.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Strauss Zelnick sold 50,000 shares of the company’s stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $41.17, for a total value of $2,058,500.00. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Take-Two Interactive Software stock. Principal Financial Group Inc. boosted its position in shares of Take-Two Interactive Software Inc. (NASDAQ:TTWO) by 3.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 571,597 shares of the company’s stock after buying an additional 18,649 shares during the period. Principal Financial Group Inc. owned approximately 0.69% of Take-Two Interactive Software worth $19,914,000 at the end of the most recent reporting period.

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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