Commerce Bank Acquires 514 Shares of 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% in the 3rd quarter, Holdings Channel reports. The firm owned 24,928 shares of the company’s stock after purchasing an additional 514 shares during the quarter. 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 large investors have also recently made changes to their positions in TTWO. O Shaughnessy Asset Management LLC lifted its holdings in Take-Two Interactive Software by 9.3% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,906 shares of the company’s stock valued at $728,000 after buying an additional 417 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of Take-Two Interactive Software by 15.1% during the first quarter. Advisors Asset Management Inc. now owns 945 shares of the company’s stock valued at $140,000 after acquiring an additional 124 shares in the last quarter. Gamco Investors INC. ET AL boosted its holdings in shares of Take-Two Interactive Software by 1.3% in the first quarter. Gamco Investors INC. ET AL now owns 60,564 shares of the company’s stock valued at $8,993,000 after purchasing an additional 806 shares during the period. Gabelli Funds LLC grew its stake in Take-Two Interactive Software by 1.1% in the first quarter. Gabelli Funds LLC now owns 49,832 shares of the company’s stock worth $7,400,000 after purchasing an additional 525 shares in the last quarter. Finally, Epoch Investment Partners Inc. increased its holdings in Take-Two Interactive Software by 2.5% during the 1st quarter. Epoch Investment Partners Inc. now owns 249,700 shares of the company’s stock worth $37,078,000 after purchasing an additional 6,097 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Up 0.8 %

Take-Two Interactive Software stock opened at $188.15 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85. The stock 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. The stock has a 50-day moving average of $162.18 and a two-hundred day moving average of $156.42. Take-Two Interactive Software, Inc. has a one year low of $135.24 and a one year high of $188.45.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. lowered their target price on Take-Two Interactive Software from $200.00 to $195.00 and set an “overweight” rating for the company in a report on Tuesday, October 22nd. BMO Capital Markets upped their price objective on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Roth Mkm raised their target price on shares of Take-Two Interactive Software from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Tuesday. TD Cowen boosted their price target on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the company a “buy” rating in a report on Friday. Finally, Stifel Nicolaus increased their price objective on shares of 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. Two analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $191.75.

Insider Activity at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the business’s stock in a transaction 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 directly owns 9,692 shares of the company’s stock, valued at $1,736,515.64. The trade was a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.45% of the stock is currently owned by insiders.

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.