Bank of Montreal Can Acquires 31,660 Shares of Take-Two Interactive Software, Inc. $TTWO

Bank of Montreal Can boosted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 13.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 265,274 shares of the company’s stock after buying an additional 31,660 shares during the quarter. Bank of Montreal Can owned about 0.14% of Take-Two Interactive Software worth $68,536,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TTWO. Norges Bank acquired a new stake in Take-Two Interactive Software in the 2nd quarter worth approximately $731,047,000. Vanguard Group Inc. grew its holdings in Take-Two Interactive Software by 4.5% during the third quarter. Vanguard Group Inc. now owns 21,701,533 shares of the company’s stock valued at $5,606,808,000 after purchasing an additional 932,659 shares during the last quarter. Invesco Ltd. grew its holdings in Take-Two Interactive Software by 17.3% during the second quarter. Invesco Ltd. now owns 3,490,676 shares of the company’s stock valued at $847,711,000 after purchasing an additional 515,484 shares during the last quarter. Voya Investment Management LLC raised its position in shares of Take-Two Interactive Software by 39.8% in the third quarter. Voya Investment Management LLC now owns 1,439,664 shares of the company’s stock valued at $371,558,000 after purchasing an additional 410,097 shares during the period. Finally, State Street Corp lifted its stake in shares of Take-Two Interactive Software by 3.8% in the second quarter. State Street Corp now owns 10,583,564 shares of the company’s stock worth $2,570,084,000 after buying an additional 389,321 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors.

Insider Activity at Take-Two Interactive Software

In related news, Director Ellen F. Siminoff sold 414 shares of Take-Two Interactive Software stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $245.48, for a total transaction of $101,628.72. Following the sale, the director directly owned 2,429 shares of the company’s stock, valued at $596,270.92. This trade represents a 14.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael Dornemann sold 1,390 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $213.09, for a total value of $296,195.10. Following the transaction, the director owned 21,525 shares in the company, valued at $4,586,762.25. This represents a 6.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 64,880 shares of company stock worth $13,908,337. Insiders own 1.34% of the company’s stock.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several recent analyst reports. Wells Fargo & Company decreased their price objective on shares of Take-Two Interactive Software from $301.00 to $295.00 and set an “overweight” rating for the company in a report on Wednesday, March 4th. B. Riley Financial started coverage on shares of Take-Two Interactive Software in a research report on Wednesday, December 10th. They set a “buy” rating and a $300.00 target price for the company. UBS Group upped their price target on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Wedbush reaffirmed an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research report on Tuesday, March 3rd. Finally, Arete Research upgraded Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 price objective on the stock in a research note on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $284.44.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $209.20 on Friday. The stock has a market cap of $38.74 billion, a P/E ratio of -9.35, a PEG ratio of 8.65 and a beta of 0.94. Take-Two Interactive Software, Inc. has a one year low of $188.56 and a one year high of $264.79. The company has a fifty day moving average price of $222.21 and a 200 day moving average price of $239.03. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14.

Take-Two Interactive Software Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.