Take-Two Interactive Software (NASDAQ:TTWO) Lowered to "Sell" Rating by Wall Street Zen

Wall Street Zen downgraded shares of Take-Two Interactive Software (NASDAQ:TTWO - Free Report) from a hold rating to a sell rating in a research note published on Wednesday.

A number of other equities research analysts also recently issued reports on TTWO. Oppenheimer lifted their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a research report on Tuesday, January 21st. DA Davidson lifted their price target on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, May 16th. The Goldman Sachs Group lifted their price target on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Raymond James reiterated an "outperform" rating and set a $250.00 price target (up from $240.00) on shares of Take-Two Interactive Software in a research report on Friday, May 16th. Finally, UBS Group lifted their price target on shares of Take-Two Interactive Software from $230.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, May 16th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and an average price target of $228.10.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO traded down $1.02 during mid-day trading on Wednesday, reaching $224.99. The stock had a trading volume of 1,862,753 shares, compared to its average volume of 1,736,014. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market capitalization of $39.92 billion, a price-to-earnings ratio of -10.55, a PEG ratio of 6.83 and a beta of 1.08. Take-Two Interactive Software has a twelve month low of $135.24 and a twelve month high of $240.78. The business has a 50 day simple moving average of $217.73 and a 200 day simple moving average of $201.38.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TTWO. Wealthfront Advisers LLC raised its holdings in Take-Two Interactive Software by 1,630,798.7% in the 4th quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock valued at $26,223,853,000 after acquiring an additional 142,450,266 shares during the last quarter. Norges Bank acquired a new position in Take-Two Interactive Software in the 4th quarter valued at $495,086,000. Nuveen LLC acquired a new position in Take-Two Interactive Software in the 1st quarter valued at $288,410,000. Price T Rowe Associates Inc. MD raised its holdings in Take-Two Interactive Software by 425.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock valued at $296,640,000 after acquiring an additional 1,158,783 shares during the last quarter. Finally, Contour Asset Management LLC acquired a new position in Take-Two Interactive Software in the 1st quarter valued at $180,701,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.