Credit Suisse Group reissued their hold rating on shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in a research report report published on Wednesday. They currently have a $73.00 price target on the stock.

A number of other equities analysts also recently commented on TTWO. Zacks Investment Research upgraded Take-Two Interactive Software from a hold rating to a strong-buy rating and set a $68.00 price objective on the stock in a report on Thursday, April 6th. Oppenheimer Holdings, Inc. restated an outperform rating and issued a $75.00 price objective on shares of Take-Two Interactive Software in a report on Thursday, April 20th. Benchmark Co. restated a buy rating on shares of Take-Two Interactive Software in a report on Monday, April 24th. Pacific Crest restated an overweight rating and issued a $74.00 price objective on shares of Take-Two Interactive Software in a report on Wednesday, April 26th. Finally, Stifel Nicolaus restated a buy rating and issued a $74.00 price objective (up from $64.00) on shares of Take-Two Interactive Software in a report on Thursday, May 18th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of $73.29.

Take-Two Interactive Software (NASDAQ TTWO) opened at 80.10 on Wednesday. Take-Two Interactive Software has a 52-week low of $40.00 and a 52-week high of $82.79. The firm has a 50-day moving average price of $75.45 and a 200 day moving average price of $64.69. The firm has a market capitalization of $7.88 billion, a P/E ratio of 112.03 and a beta of 0.82.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Tuesday, May 23rd. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.08. The company had revenue of $407.20 million for the quarter, compared to the consensus estimate of $354.10 million. Take-Two Interactive Software had a return on equity of 22.89% and a net margin of 3.70%. The company’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same period last year, the business posted $0.46 EPS. Analysts forecast that Take-Two Interactive Software will post $1.68 EPS for the current year.

WARNING: This piece of content was reported by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another domain, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.watchlistnews.com/take-two-interactive-software-inc-ttwo-earns-hold-rating-from-credit-suisse-group/1462473.html.

In other Take-Two Interactive Software news, VP Daniel P. Emerson sold 5,884 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $76.68, for a total transaction of $451,185.12. Following the completion of the sale, the vice president now owns 117,019 shares in the company, valued at approximately $8,973,016.92. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Michael Sheresky sold 516 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $76.68, for a total value of $39,566.88. Following the sale, the director now owns 67,733 shares of the company’s stock, valued at approximately $5,193,766.44. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 59,840 shares of company stock valued at $4,644,614. 2.50% of the stock is owned by insiders.

A number of large investors have recently modified their holdings of the stock. Fifth Third Bancorp raised its stake in shares of Take-Two Interactive Software by 6.4% in the first quarter. Fifth Third Bancorp now owns 1,685 shares of the company’s stock worth $100,000 after buying an additional 101 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of Take-Two Interactive Software during the first quarter worth $114,000. Crow Point Partners LLC raised its stake in shares of Take-Two Interactive Software by 63.4% in the second quarter. Crow Point Partners LLC now owns 1,775 shares of the company’s stock worth $129,000 after buying an additional 689 shares during the period. Salem Investment Counselors Inc. raised its stake in shares of Take-Two Interactive Software by 5,168.8% in the first quarter. Salem Investment Counselors Inc. now owns 4,900 shares of the company’s stock worth $162,000 after buying an additional 4,807 shares during the period. Finally, Neuburgh Advisers LLC raised its stake in shares of Take-Two Interactive Software by 23.2% in the first quarter. Neuburgh Advisers LLC now owns 2,976 shares of the company’s stock worth $176,000 after buying an additional 560 shares during the period. Hedge funds and other institutional investors own 99.80% of the company’s stock.

Take-Two Interactive Software Company Profile

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)

Receive News & Ratings for Take-Two Interactive Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.