Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $235.17, but opened at $214.45. Take-Two Interactive Software shares last traded at $215.96, with a volume of 2,826,709 shares trading hands.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on TTWO. DA Davidson began coverage on shares of Take-Two Interactive Software in a report on Tuesday, February 18th. They set a "buy" rating and a $250.00 target price on the stock. Morgan Stanley dropped their price objective on Take-Two Interactive Software from $215.00 to $210.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Raymond James reaffirmed an "outperform" rating and set a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. Stifel Nicolaus increased their price target on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. Finally, The Goldman Sachs Group boosted their price objective on shares of Take-Two Interactive Software from $205.00 to $230.00 and gave the company a "buy" rating in a research note on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has assigned 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $213.67.
Read Our Latest Analysis on TTWO
Take-Two Interactive Software Stock Down 0.5 %
The company has a market capitalization of $39.75 billion, a P/E ratio of -10.56, a PEG ratio of 6.83 and a beta of 1.08. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The company has a 50 day moving average of $212.03 and a 200-day moving average of $195.13.
Institutional Trading of Take-Two Interactive Software
Institutional investors and hedge funds have recently bought and sold shares of the stock. Wealthfront Advisers LLC lifted its holdings in shares of Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company's stock valued at $26,223,853,000 after purchasing an additional 142,450,266 shares during the last quarter. Norges Bank purchased a new position in Take-Two Interactive Software in the fourth quarter worth about $495,086,000. GAMMA Investing LLC lifted its stake in shares of Take-Two Interactive Software by 27,563.6% in the first quarter. GAMMA Investing LLC now owns 693,251 shares of the company's stock worth $143,676,000 after buying an additional 690,745 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $115,133,000. Finally, Alyeska Investment Group L.P. raised its holdings in Take-Two Interactive Software by 74.3% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,347,150 shares of the company's stock worth $247,983,000 after acquiring an additional 574,326 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.
Take-Two Interactive Software Company Profile
(
Get Free Report)
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.
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