Take-Two Interactive Software, Inc. (NASDAQ:TTWO) had its price objective increased by Oppenheimer Holdings, Inc. from $112.00 to $135.00 in a report issued on Tuesday, MarketBeat reports. They currently have an outperform rating on the stock. Oppenheimer Holdings also issued estimates for Take-Two Interactive Software’s Q3 2018 earnings at $0.67 EPS and Q4 2018 earnings at $0.27 EPS.

A number of other equities research analysts have also recently issued reports on TTWO. Jefferies Group LLC reaffirmed a buy rating and set a $108.00 target price (up previously from $91.00) on shares of Take-Two Interactive Software in a research report on Thursday, August 3rd. MKM Partners reaffirmed a buy rating and set a $97.00 target price (up previously from $86.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Benchmark Co. reaffirmed a buy rating and set a $100.00 target price (up previously from $85.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Stifel Nicolaus reaffirmed a buy rating and set a $96.00 target price (up previously from $87.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. Finally, Macquarie reaffirmed an outperform rating and set a $99.00 target price (up previously from $82.00) on shares of Take-Two Interactive Software in a research report on Wednesday, August 9th. 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 issued a strong buy rating to the company’s stock. Take-Two Interactive Software currently has an average rating of Buy and an average target price of $112.90.

Shares of Take-Two Interactive Software (NASDAQ TTWO) opened at $117.94 on Tuesday. The company has a market capitalization of $13,451.42, a P/E ratio of 46.07, a P/E/G ratio of 3.42 and a beta of 0.82. Take-Two Interactive Software has a 12 month low of $46.27 and a 12 month high of $120.62. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 0.04.

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In related news, Director Michael Dornemann sold 5,500 shares of the company’s stock in a transaction 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 transaction, the director now directly owns 4,777 shares in the company, valued at $566,074.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Lainie Goldstein sold 30,000 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $115.54, for a total value of $3,466,200.00. Following the completion of the transaction, the chief financial officer now owns 351,019 shares of the company’s stock, valued at $40,556,735.26. The disclosure for this sale can be found here. Insiders sold 66,504 shares of company stock valued at $7,729,606 over the last 90 days. 1.55% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. GSA Capital Partners LLP acquired a new position in Take-Two Interactive Software during the third quarter worth $1,768,000. Belpointe Asset Management LLC acquired a new position in Take-Two Interactive Software during the third quarter worth $708,000. Insight Capital Research & Management Inc. grew its holdings in shares of Take-Two Interactive Software by 26.2% during the third quarter. Insight Capital Research & Management Inc. now owns 21,277 shares of the company’s stock worth $2,175,000 after purchasing an additional 4,415 shares during the last quarter. Neuberger Berman Group LLC grew its holdings in shares of Take-Two Interactive Software by 36.7% during the third quarter. Neuberger Berman Group LLC now owns 300,000 shares of the company’s stock worth $30,669,000 after purchasing an additional 80,600 shares during the last quarter. Finally, Alkeon Capital Management LLC grew its holdings in shares of Take-Two Interactive Software by 10.1% during the third quarter. Alkeon Capital Management LLC now owns 2,843,630 shares of the company’s stock worth $290,705,000 after purchasing an additional 260,000 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

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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