Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Shares Sold by Cibc World Markets Corp

Cibc World Markets Corp lessened its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 127,163 shares of the company’s stock after selling 5,993 shares during the quarter. Cibc World Markets Corp owned about 0.07% of Take-Two Interactive Software worth $23,408,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC raised its position in shares of Take-Two Interactive Software by 1,630,798.7% during the fourth quarter. Wealthfront Advisers LLC now owns 142,459,001 shares of the company’s stock worth $26,223,853,000 after purchasing an additional 142,450,266 shares during the period. State Street Corp increased its holdings in shares of Take-Two Interactive Software by 8.8% during the 3rd quarter. State Street Corp now owns 10,899,267 shares of the company’s stock valued at $1,675,241,000 after acquiring an additional 880,816 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Take-Two Interactive Software by 13.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,393,233 shares of the company’s stock worth $828,994,000 after buying an additional 648,982 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Take-Two Interactive Software during the fourth quarter valued at about $115,133,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Take-Two Interactive Software by 10.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,240,565 shares of the company’s stock worth $651,817,000 after buying an additional 417,325 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TTWO. The Goldman Sachs Group boosted their price objective on Take-Two Interactive Software from $205.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 7th. StockNews.com lowered Take-Two Interactive Software from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. UBS Group raised Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $175.00 to $230.00 in a report on Monday, January 27th. Ascendiant Capital Markets increased their price objective on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a report on Monday, March 3rd. Finally, Oppenheimer upped their price target on Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $213.38.

Take-Two Interactive Software Trading Up 0.9 %

NASDAQ TTWO opened at $206.50 on Tuesday. 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 quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock’s 50 day moving average is $197.82 and its 200 day moving average is $179.56. The firm has a market capitalization of $36.45 billion, a PE ratio of -9.68, a P/E/G ratio of 6.83 and a beta of 0.82.

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.