Bank of Montreal Can Raises Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Bank of Montreal Can lifted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 31.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 260,712 shares of the company's stock after purchasing an additional 61,731 shares during the quarter. Bank of Montreal Can owned 0.15% of Take-Two Interactive Software worth $39,902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Hartford Investment Management Co. raised its position in shares of Take-Two Interactive Software by 0.7% in the 3rd quarter. Hartford Investment Management Co. now owns 10,255 shares of the company's stock worth $1,576,000 after purchasing an additional 74 shares during the last quarter. Huntington National Bank raised its position in Take-Two Interactive Software by 9.3% in 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 last quarter. Chicago Capital LLC raised its position in Take-Two Interactive Software by 2.9% in the 3rd quarter. Chicago Capital LLC now owns 2,983 shares of the company's stock worth $459,000 after buying an additional 85 shares during the last quarter. Studio Investment Management LLC raised its position in Take-Two Interactive Software by 3.9% in the 3rd quarter. Studio Investment Management LLC now owns 2,303 shares of the company's stock worth $354,000 after buying an additional 86 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its position in Take-Two Interactive Software by 15.3% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company's stock worth $107,000 after buying an additional 91 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TTWO shares. Hsbc Global Res raised Take-Two Interactive Software from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 12th. Redburn Atlantic started coverage on Take-Two Interactive Software in a research report on Thursday, August 29th. They issued a "buy" rating and a $194.00 target price for the company. Oppenheimer boosted their target price on Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. cut their price target on Take-Two Interactive Software from $200.00 to $195.00 and set an "overweight" rating for the company in a research note on Tuesday, October 22nd. Finally, Bank of America restated a "buy" rating and set a $185.00 price target on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $191.75.

Insiders Place Their Bets

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the company's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now directly 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 is available at the SEC website. 1.45% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Price Performance

TTWO stock traded up $2.82 during midday trading on Friday, hitting $188.38. The company's stock had a trading volume of 677,750 shares, compared to its average volume of 1,602,898. Take-Two Interactive Software, Inc. has a 12 month low of $135.24 and a 12 month high of $190.43. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $33.09 billion, a price-to-earnings ratio of -8.91, a price-to-earnings-growth ratio of 5.59 and a beta of 0.85. The company has a 50 day moving average of $164.87 and a two-hundred day moving average of $157.54.

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.