Take-Two Interactive Software Inc (NASDAQ:TTWO) shares were up 2.8% during trading on Thursday . The stock traded as high as $127.77 and last traded at $123.09. Approximately 3,634,559 shares changed hands during mid-day trading, an increase of 120% from the average daily volume of 1,654,497 shares. The stock had previously closed at $126.67.

Several research analysts have commented on TTWO shares. Cowen lowered Take-Two Interactive Software from an “outperform” rating to a “market perform” rating and set a $83.00 price objective on the stock. in a research report on Monday, October 9th. BidaskClub raised Take-Two Interactive Software from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 13th. CIBC reissued an “outperform” rating and issued a $135.00 price objective (up from $112.00) on shares of Take-Two Interactive Software in a research report on Tuesday, November 21st. Oppenheimer raised their price objective on Take-Two Interactive Software from $112.00 to $135.00 and gave the company an “outperform” rating in a research report on Tuesday, November 21st. Finally, KeyCorp reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and twenty-one have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $115.78.

The stock has a market capitalization of $14,580.00, a P/E ratio of 114.36, a P/E/G ratio of 3.43 and a beta of 0.80. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 0.04.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $0.76 EPS for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.22. The business had revenue of $576.99 million during the quarter, compared to the consensus estimate of $516.89 million. Take-Two Interactive Software had a return on equity of 27.10% and a net margin of 6.58%. analysts anticipate that Take-Two Interactive Software Inc will post 2.24 earnings per share for the current fiscal year.

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 31,004 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $116.49, for a total value of $3,611,655.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael Dornemann sold 5,500 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, November 13th. The shares were 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 owns 4,777 shares of the company’s stock, valued at $566,074.50. 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 quarter. Insiders own 1.55% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Dupont Capital Management Corp acquired a new position in Take-Two Interactive Software in the third quarter valued at approximately $102,000. JFS Wealth Advisors LLC acquired a new position in Take-Two Interactive Software in the fourth quarter valued at approximately $110,000. Invictus RG boosted its stake in Take-Two Interactive Software by 1,188.8% in the third quarter. Invictus RG now owns 1,031 shares of the company’s stock valued at $105,000 after acquiring an additional 951 shares during the period. Cerebellum GP LLC acquired a new position in Take-Two Interactive Software in the fourth quarter valued at approximately $133,000. Finally, Pittenger & Anderson Inc. boosted its stake in Take-Two Interactive Software by 124.1% in the third quarter. Pittenger & Anderson Inc. now owns 1,625 shares of the company’s stock valued at $166,000 after acquiring an additional 900 shares during the period. Institutional investors own 91.06% of the company’s stock.

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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.

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