Shares of Take-Two Interactive Software Inc. (NASDAQ:TTWO) saw strong trading volume on Thursday . 1,931,104 shares changed hands during mid-day 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.

Several research analysts recently commented on the stock. Cowen and Company reaffirmed an “outperform” rating and issued a $45.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday. Jefferies Group reaffirmed a “buy” rating and issued a $48.00 price objective on shares of Take-Two Interactive Software in a report on Tuesday. Zacks Investment Research raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $46.00 price objective for the company in a report on Thursday, August 11th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $48.00 price objective on shares of Take-Two Interactive Software in a report on Wednesday, August 10th. Finally, Wedbush reaffirmed a “hold” rating and issued a $41.50 price objective on shares of Take-Two Interactive Software in a report on Monday, August 8th. Six analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $42.99.

The company has a 50-day moving average price of $40.90 and a 200 day moving average price of $37.57. The firm has a market cap of $3.57 billion and a P/E ratio of 176.00.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Thursday, August 4th. The company reported ($0.21) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.29) by $0.08. During the same quarter in the previous year, the company earned $0.31 earnings per share. The firm earned $311.60 million during the quarter, compared to the consensus estimate 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 analysts forecast that Take-Two Interactive Software Inc. will post $1.26 earnings per share for the current year.

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

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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