Commerce Bank Increases Stock Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Commerce Bank raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 2.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 24,928 shares of the company’s stock after purchasing an additional 514 shares during the period. Commerce Bank’s holdings in Take-Two Interactive Software were worth $3,832,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Hartford Investment Management Co. increased its position in Take-Two Interactive Software by 0.7% in the third quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock worth $1,576,000 after buying an additional 74 shares in the last quarter. Huntington National Bank lifted its holdings in Take-Two Interactive Software by 9.3% during the third quarter. Huntington National Bank now owns 896 shares of the company’s stock valued at $138,000 after purchasing an additional 76 shares in the last quarter. Chicago Capital LLC boosted its position in shares of Take-Two Interactive Software by 2.9% in the third quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock worth $459,000 after purchasing an additional 85 shares during the period. Massmutual Trust Co. FSB ADV increased its stake in shares of Take-Two Interactive Software by 15.3% in the second quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company’s stock worth $107,000 after purchasing an additional 91 shares in the last quarter. Finally, Avior Wealth Management LLC raised its position in shares of Take-Two Interactive Software by 5.9% during the 3rd quarter. Avior Wealth Management LLC now owns 1,622 shares of the company’s stock valued at $249,000 after purchasing an additional 91 shares during the period. Institutional investors own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

In related news, 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 directly owns 9,692 shares in the company, valued at approximately $1,736,515.64. This represents a 17.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.45% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TTWO. 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. Stifel Nicolaus lifted their target price on Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. Roth Mkm boosted their price target on Take-Two Interactive Software from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Tuesday. BMO Capital Markets lifted their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, Redburn Atlantic assumed 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 target price for the company. Two research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and a consensus target price of $191.75.

Take-Two Interactive Software Trading Up 0.8 %

Shares of TTWO stock opened at $188.15 on Friday. The company has a market cap of $33.04 billion, a PE ratio of -8.89, a price-to-earnings-growth ratio of 5.61 and a beta of 0.85. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $188.45. The stock’s 50 day simple moving average is $162.18 and its two-hundred day simple moving average is $156.42. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85.

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.