TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) had its price objective hoisted by Benchmark from $140.00 to $145.00 in a research note issued to investors on Monday morning, BenzingaRatingsTable reports. Benchmark currently has a buy rating on the stock.

Other analysts have also issued research reports about the company. Zacks Investment Research lowered TAKE-TWO INTERACTIVE SOFTWARE from a hold rating to a sell rating in a report on Thursday, May 16th. KeyCorp lifted their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $145.00 to $150.00 and gave the stock an overweight rating in a report on Tuesday, August 6th. ValuEngine raised TAKE-TWO INTERACTIVE SOFTWARE from a hold rating to a buy rating in a report on Thursday, May 23rd. Bank of America reaffirmed a buy rating and issued a $144.00 price objective (up previously from $133.00) on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Wednesday, August 21st. Finally, Cowen lifted their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $123.00 to $126.00 and gave the stock an outperform rating in a report on Wednesday, July 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. TAKE-TWO INTERACTIVE SOFTWARE presently has an average rating of Buy and a consensus price target of $132.43.

Shares of TTWO opened at $126.24 on Monday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.45 and a quick ratio of 1.44. TAKE-TWO INTERACTIVE SOFTWARE has a one year low of $84.41 and a one year high of $139.91. The firm has a market capitalization of $14.29 billion, a P/E ratio of 32.54, a PEG ratio of 3.85 and a beta of 0.78. The business has a fifty day moving average of $127.59 and a 200 day moving average of $108.61.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last issued its quarterly earnings data on Monday, August 5th. The company reported ($0.13) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.27) by $0.14. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 23.95% and a net margin of 10.93%. The company had revenue of $422.24 million during the quarter, compared to analyst estimates of $356.65 million. During the same quarter in the previous year, the company posted $0.12 earnings per share. TAKE-TWO INTERACTIVE SOFTWARE’s revenue was up 46.4% compared to the same quarter last year. Analysts expect that TAKE-TWO INTERACTIVE SOFTWARE will post 3.16 EPS for the current fiscal year.

In other TAKE-TWO INTERACTIVE SOFTWARE news, CEO Strauss Zelnick sold 20,000 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $130.18, for a total transaction of $2,603,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel P. Emerson sold 8,758 shares of the business’s stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $109.92, for a total value of $962,679.36. The disclosure for this sale can be found here. Insiders have sold 33,484 shares of company stock valued at $4,165,422 in the last three months. 1.20% of the stock is currently owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in the business. Nuveen Asset Management LLC lifted its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 1,012.9% in the second quarter. Nuveen Asset Management LLC now owns 1,493,115 shares of the company’s stock valued at $169,514,000 after acquiring an additional 1,358,953 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 42.4% in the first quarter. JPMorgan Chase & Co. now owns 3,699,665 shares of the company’s stock valued at $349,137,000 after acquiring an additional 1,101,453 shares in the last quarter. Southpoint Capital Advisors LP purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the second quarter valued at about $102,177,000. Invesco Ltd. lifted its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 11.2% in the second quarter. Invesco Ltd. now owns 4,656,054 shares of the company’s stock valued at $528,602,000 after acquiring an additional 467,758 shares in the last quarter. Finally, Boston Partners purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the second quarter valued at about $53,070,000. 92.10% of the stock is owned by institutional investors and hedge funds.

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

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