Take-Two Interactive Software (TTWO) Now Covered by BTIG Research

BTIG Research began coverage on shares of Take-Two Interactive Software (NASDAQ:TTWO) in a research report sent to investors on Monday, MarketBeat Ratings reports. The brokerage issued a buy rating and a $142.00 price target on the stock.

Several other analysts also recently issued reports on TTWO. Stifel Nicolaus reissued a buy rating and set a $105.00 target price (up previously from $96.00) on shares of Take-Two Interactive Software in a research note on Wednesday, September 6th. Cowen reissued a buy rating and set a $83.00 target price on shares of Take-Two Interactive Software in a research note on Friday, September 8th. KeyCorp reissued a buy rating and set a $104.00 target price on shares of Take-Two Interactive Software in a research note on Friday, September 8th. Goldman Sachs Group initiated coverage on Take-Two Interactive Software in a research note on Friday, September 8th. They set a buy rating and a $118.00 target price on the stock. Finally, Piper Jaffray Companies reissued a buy rating and set a $100.00 target price on shares of Take-Two Interactive Software in a research note on Sunday, September 10th. One research analyst has rated the stock with a sell rating, five have given a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. Take-Two Interactive Software currently has a consensus rating of Buy and an average target price of $114.23.

Shares of Take-Two Interactive Software (TTWO) opened at $110.46 on Monday. The stock has a market capitalization of $12,403.27, a P/E ratio of 42.48, a P/E/G ratio of 3.15 and a beta of 0.81. Take-Two Interactive Software has a 12 month low of $48.58 and a 12 month high of $120.62. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.31 and a current ratio of 1.33.

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 31,004 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $116.49, for a total value of $3,611,655.96. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Michael Dornemann sold 5,500 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $118.50, for a total value of $651,750.00. Following the completion of the sale, the director now directly owns 4,777 shares in the company, valued at approximately $566,074.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,504 shares of company stock worth $7,729,606. Corporate insiders own 1.55% of the company’s stock.

Institutional investors have recently made changes to their positions in the company. Dupont Capital Management Corp purchased a new position in shares of Take-Two Interactive Software in the 3rd quarter worth approximately $102,000. Invictus RG boosted its holdings in shares of Take-Two Interactive Software by 1,188.8% in the 3rd quarter. Invictus RG now owns 1,031 shares of the company’s stock worth $105,000 after purchasing an additional 951 shares during the period. Fortaleza Asset Management Inc. purchased a new position in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $134,000. Pittenger & Anderson Inc. boosted its holdings in shares of Take-Two Interactive Software by 124.1% in the 3rd quarter. Pittenger & Anderson Inc. now owns 1,625 shares of the company’s stock worth $166,000 after purchasing an additional 900 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of Take-Two Interactive Software by 233.9% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,693 shares of the company’s stock worth $173,000 after purchasing an additional 1,186 shares during the period. Hedge funds and other institutional investors own 91.15% of the company’s stock.

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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)

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