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

Cibc World Market Inc. cut its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Rating) by 10.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,856 shares of the company’s stock after selling 207 shares during the period. Cibc World Market Inc.’s holdings in Take-Two Interactive Software were worth $227,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in TTWO. Quent Capital LLC bought a new stake in shares of Take-Two Interactive Software during the first quarter valued at approximately $26,000. MCF Advisors LLC bought a new stake in Take-Two Interactive Software during the 1st quarter valued at $31,000. Princeton Global Asset Management LLC boosted its position in Take-Two Interactive Software by 105.0% during the 1st quarter. Princeton Global Asset Management LLC now owns 205 shares of the company’s stock worth $32,000 after acquiring an additional 105 shares during the period. CIBC Private Wealth Group LLC boosted its position in Take-Two Interactive Software by 2,500.0% during the 2nd quarter. CIBC Private Wealth Group LLC now owns 208 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares during the period. Finally, Psagot Value Holdings Ltd. Israel grew its stake in shares of Take-Two Interactive Software by 97.2% in the second quarter. Psagot Value Holdings Ltd. Israel now owns 211 shares of the company’s stock worth $26,000 after purchasing an additional 104 shares in the last quarter. 95.43% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Up 2.9 %

Shares of Take-Two Interactive Software stock opened at $103.15 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.31. Take-Two Interactive Software, Inc. has a 1 year low of $90.00 and a 1 year high of $182.25. The stock has a 50-day moving average price of $112.79 and a 200 day moving average price of $120.54. The company has a market cap of $17.31 billion, a P/E ratio of -937.73, a P/E/G ratio of 2.76 and a beta of 0.80.

Analysts Set New Price Targets

TTWO has been the subject of several research analyst reports. Cowen reduced their price objective on shares of Take-Two Interactive Software from $185.00 to $147.00 and set an “outperform” rating for the company in a report on Tuesday, November 8th. Benchmark decreased their price objective on shares of Take-Two Interactive Software from $180.00 to $139.00 and set a “buy” rating for the company in a report on Tuesday, November 8th. BMO Capital Markets dropped their target price on Take-Two Interactive Software from $155.00 to $120.00 and set an “outperform” rating on the stock in a report on Wednesday, November 9th. Morgan Stanley decreased their price target on Take-Two Interactive Software from $190.00 to $150.00 and set an “overweight” rating for the company in a research note on Tuesday, November 8th. Finally, Robert W. Baird dropped their price objective on Take-Two Interactive Software from $140.00 to $120.00 in a research note on Tuesday, November 8th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $151.50.

Take-Two Interactive Software Profile

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Take-Two Interactive Software, Inc engages in the development, publishing, and marketing of interactive software games. Its products are designed for console systems, handheld gaming systems, and personal computers, including smart phones and tablets, and are delivered through physical retail, digital download, online platforms, and cloud streaming services.

See Also

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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