Commerzbank Aktiengesellschaft FI Takes Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Commerzbank Aktiengesellschaft FI purchased a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,578 shares of the company's stock, valued at approximately $292,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Itau Unibanco Holding S.A. acquired a new stake in shares of Take-Two Interactive Software during the third quarter worth $27,000. Truvestments Capital LLC purchased a new position in Take-Two Interactive Software in the 3rd quarter worth about $31,000. Versant Capital Management Inc raised its holdings in Take-Two Interactive Software by 87.0% during the 4th quarter. Versant Capital Management Inc now owns 187 shares of the company's stock worth $34,000 after buying an additional 87 shares during the period. Catalyst Capital Advisors LLC lifted its stake in Take-Two Interactive Software by 69.3% during the third quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company's stock valued at $43,000 after buying an additional 115 shares in the last quarter. Finally, AM Squared Ltd acquired a new position in shares of Take-Two Interactive Software in the third quarter worth about $46,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on TTWO shares. Raymond James restated an "outperform" rating and set a $220.00 price target (up previously from $190.00) on shares of Take-Two Interactive Software in a report on Friday, February 7th. TD Cowen boosted their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a "buy" rating in a research note on Friday, November 22nd. Oppenheimer increased their target price on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an "outperform" rating in a report on Tuesday, January 21st. Roth Mkm lifted their price target on Take-Two Interactive Software from $182.00 to $208.00 and gave the company a "buy" rating in a report on Tuesday, November 19th. Finally, Ascendiant Capital Markets increased their price objective on Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and a consensus price target of $213.38.

Remove Ads

Take-Two Interactive Software Stock Down 1.7 %

Shares of TTWO traded down $3.54 during midday trading on Friday, hitting $204.33. The stock had a trading volume of 1,889,345 shares, compared to its average volume of 1,795,505. The firm has a market cap of $36.06 billion, a price-to-earnings ratio of -9.58, a price-to-earnings-growth ratio of 6.83 and a beta of 0.82. The company has a 50 day simple moving average of $195.58 and a two-hundred day simple moving average of $177.56. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $218.75. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83.

About Take-Two Interactive Software

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.