Take-Two Interactive Software, Inc. (NASDAQ:TTWO) had its price target increased by Oppenheimer Holdings, Inc. from $85.00 to $93.00 in a research note issued to investors on Thursday. They currently have an outperform rating on the stock.

Several other analysts have also weighed in on the company. KeyCorp set a $104.00 target price on Take-Two Interactive Software and gave the company a buy rating in a report on Thursday. Stifel Nicolaus reissued a buy rating and issued a $96.00 target price (up previously from $87.00) on shares of Take-Two Interactive Software in a report on Thursday. Piper Jaffray Companies reissued an overweight rating and issued a $100.00 target price on shares of Take-Two Interactive Software in a report on Thursday. Zacks Investment Research raised Take-Two Interactive Software from a strong sell rating to a hold rating in a research note on Thursday, July 27th. Finally, Credit Suisse Group reaffirmed a hold rating and set a $73.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Take-Two Interactive Software presently has a consensus rating of Buy and a consensus price target of $81.44.

Shares of Take-Two Interactive Software (NASDAQ:TTWO) traded down 1.55% during midday trading on Thursday, reaching $87.71. 3,212,307 shares of the company’s stock traded hands. Take-Two Interactive Software has a 52 week low of $40.63 and a 52 week high of $89.91. The company has a market capitalization of $9.28 billion, a PE ratio of 51.62 and a beta of 0.83. The stock’s 50 day moving average is $75.75 and its 200-day moving average is $65.30.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results on Wednesday, August 2nd. The company reported $0.44 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.25. The company had revenue of $348.30 million for the quarter, compared to analyst estimates of $280.70 million. Take-Two Interactive Software had a return on equity of 28.89% and a net margin of 8.73%. Take-Two Interactive Software’s revenue was up 27.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.21) earnings per share. On average, analysts forecast that Take-Two Interactive Software will post $1.68 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This news story was originally posted by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this news story can be accessed at https://www.dailypolitical.com/2017/08/06/take-two-interactive-software-inc-nasdaqttwo-price-target-raised-to-93-00-at-oppenheimer-holdings-inc.html.

In other Take-Two Interactive Software news, VP Daniel P. Emerson sold 18,440 shares of the firm’s stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $76.21, for a total value of $1,405,312.40. Following the sale, the vice president now directly owns 135,088 shares of the company’s stock, valued at approximately $10,295,056.48. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Daniel P. Emerson sold 5,884 shares of the firm’s stock in a transaction dated Tuesday, May 30th. The stock was sold at an average price of $76.68, for a total value of $451,185.12. Following the completion of the sale, the vice president now directly owns 117,019 shares in the company, valued at $8,973,016.92. The disclosure for this sale can be found here. Over the last three months, insiders sold 59,840 shares of company stock worth $4,644,614. 1.55% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Take-Two Interactive Software by 12.5% in the first quarter. Vanguard Group Inc. now owns 8,277,144 shares of the company’s stock worth $490,586,000 after buying an additional 916,573 shares during the period. FMR LLC increased its position in Take-Two Interactive Software by 73.1% in the first quarter. FMR LLC now owns 5,384,102 shares of the company’s stock worth $319,116,000 after buying an additional 2,273,553 shares during the period. State Street Corp increased its position in Take-Two Interactive Software by 62.1% in the first quarter. State Street Corp now owns 3,116,177 shares of the company’s stock worth $184,699,000 after buying an additional 1,193,381 shares during the period. William Blair Investment Management LLC increased its position in Take-Two Interactive Software by 7.8% in the first quarter. William Blair Investment Management LLC now owns 1,784,714 shares of the company’s stock worth $105,780,000 after buying an additional 129,572 shares during the period. Finally, Harbour Capital Advisors LLC increased its position in Take-Two Interactive Software by 7,304.4% in the second quarter. Harbour Capital Advisors LLC now owns 1,637,475 shares of the company’s stock worth $22,315,000 after buying an additional 1,615,360 shares during the period. Institutional investors own 99.74% of the company’s stock.

About Take-Two Interactive Software

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.

Analyst Recommendations for Take-Two Interactive Software (NASDAQ:TTWO)

Receive News & Ratings for Take-Two Interactive Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software Inc. and related companies with MarketBeat.com's FREE daily email newsletter.