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

CIBC Asset Management Inc raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 9.1% during the third quarter, HoldingsChannel.com reports. The firm owned 53,345 shares of the company’s stock after acquiring an additional 4,456 shares during the quarter. CIBC Asset Management Inc’s holdings in Take-Two Interactive Software were worth $8,200,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Metis Global Partners LLC raised its position in shares of Take-Two Interactive Software by 5.1% in the 3rd quarter. Metis Global Partners LLC now owns 5,853 shares of the company’s stock valued at $900,000 after acquiring an additional 285 shares during the period. Huntington National Bank raised its holdings in Take-Two Interactive Software by 9.3% during the 3rd quarter. Huntington National Bank now owns 896 shares of the company’s stock worth $138,000 after buying an additional 76 shares during the period. ICICI Prudential Asset Management Co Ltd raised its holdings in Take-Two Interactive Software by 21.6% during the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 2,288 shares of the company’s stock worth $352,000 after buying an additional 406 shares during the period. Oppenheimer & Co. Inc. raised its holdings in Take-Two Interactive Software by 2.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 3,529 shares of the company’s stock worth $542,000 after buying an additional 100 shares during the period. Finally, Victory Capital Management Inc. raised its holdings in Take-Two Interactive Software by 13.5% during the 3rd quarter. Victory Capital Management Inc. now owns 374,557 shares of the company’s stock worth $57,573,000 after buying an additional 44,675 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the transaction, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Sheresky sold 191 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $149.83, for a total value of $28,617.53. Following the completion of the transaction, the director now directly owns 64,378 shares of the company’s stock, valued at approximately $9,645,755.74. This trade 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.

Take-Two Interactive Software Stock Performance

TTWO opened at $177.62 on Friday. Take-Two Interactive Software, Inc. has a fifty-two week low of $135.24 and a fifty-two week high of $182.62. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a fifty day moving average of $158.99 and a 200-day moving average of $155.07.

Analyst Upgrades and Downgrades

TTWO has been the topic of several research analyst reports. Stifel Nicolaus raised their target price on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a “buy” rating in a report on Thursday, September 5th. Roth Mkm raised their target price on shares of Take-Two Interactive Software from $180.00 to $182.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. TD Cowen raised their target price on shares of Take-Two Interactive Software from $173.00 to $176.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. UBS Group raised their target price on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, Redburn Atlantic started coverage on shares of Take-Two Interactive Software in a research note on Thursday, August 29th. They set a “buy” rating and a $194.00 price target for the company. Two analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $188.70.

Take-Two Interactive Software 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.