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

Bank of Montreal Can raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 31.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 260,712 shares of the company’s stock after purchasing an additional 61,731 shares during the period. Bank of Montreal Can’s holdings in Take-Two Interactive Software were worth $39,902,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of TTWO. Crewe Advisors LLC boosted its holdings in shares of Take-Two Interactive Software by 297.9% in the 2nd quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after buying an additional 143 shares during the period. UMB Bank n.a. boosted its holdings in shares of Take-Two Interactive Software by 155.1% in the 2nd quarter. UMB Bank n.a. now owns 199 shares of the company’s stock valued at $31,000 after buying an additional 121 shares during the period. Truvestments Capital LLC acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at about $31,000. Blue Trust Inc. boosted its holdings in shares of Take-Two Interactive Software by 410.6% in the 2nd quarter. Blue Trust Inc. now owns 240 shares of the company’s stock valued at $36,000 after buying an additional 193 shares during the period. Finally, HHM Wealth Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at about $37,000. Institutional investors own 95.46% of the company’s stock.

Insider Buying and Selling

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the sale, the director now owns 9,692 shares in the company, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Stock Down 1.2 %

NASDAQ TTWO opened at $185.56 on Friday. 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 company’s 50 day simple moving average is $164.23 and its 200 day simple moving average is $157.34. 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 market capitalization of $32.59 billion, a P/E ratio of -8.77, a PEG ratio of 5.65 and a beta of 0.85.

Wall Street Analyst Weigh In

Several research firms have recently commented on TTWO. Robert W. Baird lifted their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. UBS Group lifted their price target on shares of Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Bank of America reaffirmed a “buy” rating and issued a $185.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, August 21st. Benchmark boosted their target price on shares of Take-Two Interactive Software from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Finally, JPMorgan Chase & Co. reduced their target price on shares of 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. Two equities research 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 company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $191.75.

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.