CIBC Asset Management Inc Has $8.20 Million Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

CIBC Asset Management Inc lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 9.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,345 shares of the company’s stock after buying an additional 4,456 shares during the quarter. CIBC Asset Management Inc’s holdings in Take-Two Interactive Software were worth $8,200,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of TTWO. Crewe Advisors LLC lifted its stake in shares of Take-Two Interactive Software by 297.9% in the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock worth $30,000 after buying an additional 143 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of Take-Two Interactive Software by 155.1% in the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after buying an additional 121 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Take-Two Interactive Software by 410.6% in the second quarter. Blue Trust Inc. now owns 240 shares of the company’s stock worth $36,000 after buying an additional 193 shares during the last quarter. HHM Wealth Advisors LLC acquired a new position in Take-Two Interactive Software during the 2nd quarter valued at $37,000. Finally, BOKF NA raised its stake in Take-Two Interactive Software by 466.7% during the 1st quarter. BOKF NA now owns 272 shares of the company’s stock valued at $41,000 after purchasing an additional 224 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Trading Down 2.1 %

TTWO opened at $177.62 on Friday. The firm’s 50-day simple moving average is $158.99 and its 200-day simple moving average is $155.07. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $182.62.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,000 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This represents a 17.11 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael Sheresky sold 191 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $149.83, for a total transaction of $28,617.53. Following the sale, the director now directly owns 64,378 shares in the company, valued at approximately $9,645,755.74. This represents a 0.30 % decrease in their position. The disclosure for this sale can be found here. 1.45% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. The Goldman Sachs Group upped their target price on shares of Take-Two Interactive Software from $186.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Roth Mkm upped their target price on shares of Take-Two Interactive Software from $180.00 to $182.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Oppenheimer upped their target price on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Robert W. Baird upped their target price on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Finally, UBS Group upped their target price on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $188.70.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.