BidaskClub lowered shares of TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) from a buy rating to a hold rating in a research report report published on Tuesday morning.

Other equities research analysts have also recently issued reports about the company. Piper Jaffray Companies restated an overweight rating and set a $145.00 price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Wednesday, July 25th. Barclays set a $138.00 price objective on TAKE-TWO INTERACTIVE SOFTWARE and gave the stock a buy rating in a research note on Friday, August 3rd. Zacks Investment Research upgraded TAKE-TWO INTERACTIVE SOFTWARE from a sell rating to a hold rating in a research note on Monday, August 6th. Morgan Stanley upped their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $140.00 to $145.00 and gave the stock an overweight rating in a research note on Friday, August 3rd. Finally, Stifel Nicolaus upped their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $131.00 to $137.00 and gave the stock a buy rating in a research note on Monday, August 6th. Five equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of $139.00.

Shares of NASDAQ TTWO opened at $129.05 on Tuesday. The firm has a market cap of $15.71 billion, a P/E ratio of 72.79, a P/E/G ratio of 2.76 and a beta of 0.99. TAKE-TWO INTERACTIVE SOFTWARE has a 1-year low of $92.81 and a 1-year high of $139.91.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last issued its quarterly earnings data on Thursday, August 2nd. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.07. The firm had revenue of $288.33 million during the quarter, compared to analysts’ expectations of $258.95 million. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 18.54% and a net margin of 10.49%. As a group, analysts anticipate that TAKE-TWO INTERACTIVE SOFTWARE will post 2.98 earnings per share for the current fiscal year.

In other TAKE-TWO INTERACTIVE SOFTWARE news, Director Paul E. Viera purchased 75,000 shares of the firm’s stock in a transaction on Monday, August 27th. The stock was bought at an average cost of $133.93 per share, for a total transaction of $10,044,750.00. Following the completion of the purchase, the director now owns 926 shares in the company, valued at approximately $124,019.18. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul E. Viera purchased 73,896 shares of the firm’s stock in a transaction on Friday, August 24th. The stock was acquired at an average price of $133.94 per share, with a total value of $9,897,630.24. Following the completion of the purchase, the director now owns 926 shares of the company’s stock, valued at approximately $124,028.44. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 66,676 shares of company stock valued at $8,594,500. 1.07% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the business. CenterStar Asset Management LLC acquired a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the second quarter valued at about $120,000. OLD Mutual Customised Solutions Proprietary Ltd. acquired a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the second quarter valued at about $130,000. Piedmont Investment Advisors LLC acquired a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the second quarter valued at about $155,000. Clear Perspective Advisors LLC increased its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 86.7% in the second quarter. Clear Perspective Advisors LLC now owns 1,400 shares of the company’s stock valued at $166,000 after purchasing an additional 650 shares during the period. Finally, CAPROCK Group Inc. acquired a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the second quarter valued at about $201,000. Institutional investors own 92.55% of the company’s stock.

TAKE-TWO INTERACTIVE SOFTWARE Company Profile

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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Analyst Recommendations for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

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