Jefferies Group LLC reissued their buy rating on shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in a report published on Thursday. The firm currently has a $108.00 price target on the stock, up from their prior price target of $91.00.

TTWO has been the subject of several other research reports. Oppenheimer Holdings, Inc. boosted their price target on shares of Take-Two Interactive Software from $85.00 to $93.00 and gave the stock an outperform rating in a report on Thursday. KeyCorp set a $104.00 price target on shares of Take-Two Interactive Software and gave the stock a buy rating in a report on Thursday. Stifel Nicolaus reissued a buy rating and issued a $96.00 price target (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 price target on shares of Take-Two Interactive Software in a report on Thursday. Finally, Zacks Investment Research raised shares of Take-Two Interactive Software from a strong sell rating to a hold rating in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of $81.44.

Shares of Take-Two Interactive Software (NASDAQ TTWO) traded down 1.55% on Thursday, hitting $87.71. The stock had a trading volume of 3,212,307 shares. The company has a market capitalization of $9.28 billion, a PE ratio of 51.62 and a beta of 0.83. Take-Two Interactive Software has a 1-year low of $40.63 and a 1-year high of $89.91. The firm has a 50-day moving average of $75.75 and a 200 day moving average of $65.30.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.19 by $0.25. Take-Two Interactive Software had a net margin of 8.73% and a return on equity of 28.89%. The business had revenue of $348.30 million during the quarter, compared to analysts’ expectations of $280.70 million. During the same period in the previous year, the business posted ($0.21) EPS. The business’s quarterly revenue was up 27.8% compared to the same quarter last year. On average, equities analysts anticipate that Take-Two Interactive Software will post $1.68 earnings per share for the current fiscal year.

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In other Take-Two Interactive Software news, VP Daniel P. Emerson sold 18,440 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the vice president now owns 135,088 shares in the company, valued at approximately $10,295,056.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael Sheresky sold 516 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $76.68, for a total value of $39,566.88. Following the completion of the sale, the director now owns 67,733 shares of the company’s stock, valued at approximately $5,193,766.44. The disclosure for this sale can be found here. Insiders sold a total of 59,840 shares of company stock valued at $4,644,614 in the last quarter. Corporate insiders own 1.55% of the company’s stock.

Several hedge funds have recently made changes to their positions in TTWO. Northpointe Capital LLC purchased a new stake in shares of Take-Two Interactive Software during the first quarter worth approximately $2,812,000. ProShare Advisors LLC increased its stake in shares of Take-Two Interactive Software by 17.7% in the first quarter. ProShare Advisors LLC now owns 18,390 shares of the company’s stock worth $1,090,000 after buying an additional 2,764 shares in the last quarter. Profund Advisors LLC increased its stake in shares of Take-Two Interactive Software by 0.3% in the first quarter. Profund Advisors LLC now owns 16,831 shares of the company’s stock worth $998,000 after buying an additional 45 shares in the last quarter. Magee Thomson Investment Partners LLC purchased a new stake in shares of Take-Two Interactive Software during the first quarter worth approximately $5,304,000. Finally, Nationwide Fund Advisors increased its stake in shares of Take-Two Interactive Software by 72.3% in the first quarter. Nationwide Fund Advisors now owns 554,187 shares of the company’s stock worth $32,847,000 after buying an additional 232,630 shares in the last quarter. Institutional investors own 99.74% of the company’s stock.

Take-Two Interactive Software Company Profile

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)

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