TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO) Receiving Somewhat Positive News Coverage, Report Finds

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Headlines about TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.1357100671525 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the headlines that may have effected Accern’s rankings:

Shares of NASDAQ:TTWO opened at $124.30 on Friday. The stock has a market cap of $14.66 billion, a P/E ratio of 71.03, a price-to-earnings-growth ratio of 3.13 and a beta of 0.86. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock has a 12-month low of $90.01 and a 12-month high of $131.77.

TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO) last issued its quarterly earnings data on Wednesday, May 16th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.14. The firm had revenue of $411.40 million during the quarter, compared to the consensus estimate of $447.59 million. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock had a return on equity of 18.54% and a net margin of 10.49%. The company’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the company earned $0.89 EPS. analysts predict that TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock will post 2.74 earnings per share for the current fiscal year.

A number of analysts have issued reports on the company. Zacks Investment Research raised TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from a “sell” rating to a “hold” rating in a research note on Monday, August 6th. ValuEngine downgraded TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 7th. Barclays set a $138.00 target price on TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock and gave the stock a “buy” rating in a research note on Friday, August 3rd. BMO Capital Markets raised their target price on TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock from $116.00 to $119.00 and gave the stock a “market perform” rating in a research note on Monday, August 6th. Finally, Wedbush set a $132.00 target price on TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock and gave the stock a “buy” rating in a research note on Thursday, May 17th. Six analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock presently has an average rating of “Buy” and a consensus price target of $131.42.

In related news, CFO Lainie Goldstein sold 27,100 shares of the firm’s stock in a transaction dated Friday, August 3rd. The stock was sold at an average price of $130.10, for a total transaction of $3,525,710.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael Sheresky sold 295 shares of the firm’s stock in a transaction dated Monday, August 13th. The stock was sold at an average price of $129.07, for a total value of $38,075.65. Following the sale, the director now directly owns 69,168 shares of the company’s stock, valued at $8,927,513.76. The disclosure for this sale can be found here. Insiders have sold a total of 67,021 shares of company stock valued at $8,503,784 over the last three months. Corporate insiders own 1.07% of the company’s stock.

TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

Further Reading: Google Finance Portfolio Workaround

Insider Buying and Selling by Quarter for TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO)

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