Take-Two Takes Three Price-Target Hikes; Stock Near Record High

Elizabeth Williams
May 23, 2017

At the moment 17 analysts are watching Take-Two Interactive Software, Inc. Can now owns 116,131 shares of the company's stock valued at $5,232,000 after buying an additional 4,694 shares during the period. Finally, BlackRock Investment Management LLC raised its position in Take Two Interactive Software by 0.9% in the third quarter. Neuburgh Advisers LLC now owns 2,976 shares of the company's stock valued at $176,000 after buying an additional 560 shares during the period. The other 13, though not evenly; between analysts who think you should buy Take-Two Interactive Software, Inc. Pacer Advisors Inc. now owns 7,873 shares of the company's stock valued at $355,000 after buying an additional 909 shares during the period. Municipal Employees Retirement System of MI raised its position in Take Two Interactive Software by 1.6% in the third quarter. Crow Point Prtn Ltd holds 0.03% in Take Two Interactive Software Inc (NASDAQ:TTWO) or 3,489 shares. No trade can occur until someone is willing to sell a stock at a price that another is willing to buy it at. Take Two Interactive Software Inc (NASDAQ:TTWO) has risen 81.23% since May 22, 2016 and is uptrending.

Now insiders hold 2,028,735 shares in the business which makes up 2.00% of shares.

TTWO has a 1-year high price of $ 70.53 and 1-year low price of $35.00.

Here we'll take a quick glance at how the stock price is now trading in relation to some of its simple moving averages. BlackRock Fund Advisors is the second biggest holder with 7 million shares now valued at 331.99 million whilst AllianceBernstein LP has 4 million shares valued at 205.23 million. Regardless, closing prices are a useful tool that investors use to quantify changes in stock prices over time. This represents an increase of 1,624% compared to the average volume of 445 put options.

COPYRIGHT VIOLATION WARNING: This piece of content was posted by Chaffey Breeze and is owned by of Chaffey Breeze. The rating was maintained by Jefferies on Tuesday, August 9 with "Buy". If you are reading this piece of content on another website, it was illegally stolen and republished in violation of United States and worldwide trademark and copyright laws. Take Two Interactive Software had a net margin of 0.91% and a return on equity of 21.74%.

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The business had revenue of $417 million during the quarter, compared to the consensus estimate of $425.44 million. The SMA or Simple Moving Averages are commonly available for 20 Day, 50 Day and 200 Day Simple Moving Averages .

Other research analysts have also recently issued reports about the stock. MKM Partners restated a "buy" rating and set a $62.00 target price (up from $55.00) on shares of Take Two Interactive Software in a report on Monday, February 6th. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. The firm has "Overweight" rating by Piper Jaffray given on Tuesday, August 11.

The videogame studio owned by Take-Two Interactive Software (NASDAQ:TTWO), Rockstar Games released its highly-awaited Western action-adventure videogame, "Red Dead Redemption 2", would be pushed to spring next year.

Take-Two Interactive Software, Inc.'s stock has performed at 40.07%. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.00 on scale of 1-5. Based on a recent trade, the shares are hovering around $68.96 which, according to analysts, yield significant upside potential to the $65.56 consensus target price. The stock was sold at an average price of $57.98, for a total value of $22,452,001.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

During the past six months, Take-Two Interactive Software, Inc. The company offers its products under the Rockstar Games and 2K labels.

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