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

CIBC Asset Management Inc raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 9.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,345 shares of the company's stock after purchasing 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 hedge funds also recently made changes to their positions in the business. Ninety One UK Ltd boosted its stake in Take-Two Interactive Software by 473.2% during the second quarter. Ninety One UK Ltd now owns 1,269,428 shares of the company's stock valued at $197,383,000 after buying an additional 1,047,979 shares in the last quarter. 1832 Asset Management L.P. raised its holdings in shares of Take-Two Interactive Software by 2,224.9% in the 1st quarter. 1832 Asset Management L.P. now owns 1,080,474 shares of the company's stock worth $160,440,000 after purchasing an additional 1,034,000 shares in the last quarter. Point72 Asset Management L.P. grew its position in Take-Two Interactive Software by 3,786.4% in the second quarter. Point72 Asset Management L.P. now owns 826,048 shares of the company's stock worth $128,442,000 after buying an additional 804,793 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Take-Two Interactive Software by 17.6% in the second quarter. Ameriprise Financial Inc. now owns 4,460,891 shares of the company's stock valued at $694,173,000 after buying an additional 666,198 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in shares of Take-Two Interactive Software by 1,780.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 460,651 shares of the company's stock valued at $70,807,000 after acquiring an additional 436,150 shares during the last quarter. Institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

TTWO traded down $3.86 during midday trading on Friday, reaching $177.62. The company's stock had a trading volume of 1,349,703 shares, compared to its average volume of 1,645,482. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The company has a fifty day simple moving average of $158.99 and a 200 day simple moving average of $155.16. The stock has a market cap of $31.20 billion, a P/E ratio of -8.39, a PEG ratio of 5.35 and a beta of 0.85. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $182.62.

Insider Buying and Selling at Take-Two Interactive Software

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

Analysts Set New Price Targets

A number of brokerages recently issued reports on TTWO. The Goldman Sachs Group lifted their target price on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. TD Cowen boosted their price objective on Take-Two Interactive Software from $173.00 to $176.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. HSBC upgraded shares of Take-Two Interactive Software from a "hold" rating to a "buy" rating and set a $179.00 target price for the company in a report on Monday, August 12th. Redburn Atlantic started coverage on shares of Take-Two Interactive Software in a report on Thursday, August 29th. They set a "buy" rating and a $194.00 price target on the stock. Finally, Stifel Nicolaus raised their price objective on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the stock a "buy" rating in a research note on Thursday, September 5th. 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 stock. Based on data from MarketBeat, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and an average 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.