TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) VP Daniel P. Emerson sold 13,268 shares of the firm’s stock in a transaction dated Wednesday, October 10th. The stock was sold at an average price of $123.63, for a total value of $1,640,322.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of NASDAQ:TTWO traded up $6.79 during mid-day trading on Friday, hitting $129.05. 2,568,947 shares of the company traded hands, compared to its average volume of 2,224,837. The company has a market cap of $15.71 billion, a P/E ratio of 73.74, a PEG ratio of 2.76 and a beta of 0.99. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 52-week low of $92.81 and a 52-week high of $139.91.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its earnings results on Thursday, August 2nd. The company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.07. The business had revenue of $288.33 million for the quarter, compared to the consensus estimate of $258.95 million. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 18.54% and a net margin of 10.49%. Equities research analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 2.98 EPS for the current year.

A number of research firms have recently commented on TTWO. Sanford C. Bernstein began coverage on TAKE-TWO INTERACTIVE SOFTWARE in a report on Tuesday. They issued an “outperform” rating and a $175.00 price objective on the stock. BidaskClub downgraded TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “hold” rating in a report on Tuesday. Stifel Nicolaus raised their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $137.00 to $144.00 and gave the stock a “buy” rating in a report on Tuesday, September 11th. Bank of America raised their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $143.00 to $151.00 and gave the stock a “buy” rating in a report on Thursday, August 30th. Finally, ValuEngine downgraded TAKE-TWO INTERACTIVE SOFTWARE from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 7th. Five equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. TAKE-TWO INTERACTIVE SOFTWARE presently has an average rating of “Buy” and an average price target of $139.00.

Large investors have recently made changes to their positions in the stock. CenterStar Asset Management LLC purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter valued at about $120,000. OLD Mutual Customised Solutions Proprietary Ltd. purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter valued at about $130,000. Piedmont Investment Advisors LLC purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter valued at about $155,000. Clear Perspective Advisors LLC raised its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 86.7% during the 2nd quarter. Clear Perspective Advisors LLC now owns 1,400 shares of the company’s stock valued at $166,000 after buying an additional 650 shares during the period. Finally, CAPROCK Group Inc. purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter valued at about $201,000. Institutional investors and hedge funds own 92.55% of the company’s stock.

About TAKE-TWO INTERACTIVE SOFTWARE

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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