CIBC Bancorp USA Inc. Acquires New Position in Take-Two Interactive Software, Inc. $TTWO

CIBC Bancorp USA Inc. bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the third quarter, Holdings Channel reports. The firm bought 95,284 shares of the company’s stock, valued at approximately $24,618,000.

Other large investors also recently bought and sold shares of the company. Coldstream Capital Management Inc. boosted its position in Take-Two Interactive Software by 11.9% in the third quarter. Coldstream Capital Management Inc. now owns 2,965 shares of the company’s stock valued at $766,000 after buying an additional 316 shares during the last quarter. Danske Bank A S purchased a new position in Take-Two Interactive Software during the 3rd quarter worth approximately $28,516,000. Advisory Services Network LLC raised its position in Take-Two Interactive Software by 44.9% during the 3rd quarter. Advisory Services Network LLC now owns 12,831 shares of the company’s stock worth $3,315,000 after buying an additional 3,978 shares during the last quarter. Fulcrum Asset Management LLP lifted its stake in Take-Two Interactive Software by 1.7% during the 3rd quarter. Fulcrum Asset Management LLP now owns 4,041 shares of the company’s stock valued at $1,044,000 after acquiring an additional 68 shares during the period. Finally, Kestra Private Wealth Services LLC lifted its stake in Take-Two Interactive Software by 9.9% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 2,263 shares of the company’s stock valued at $585,000 after acquiring an additional 203 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $204.22 on Thursday. The stock has a market capitalization of $37.82 billion, a price-to-earnings ratio of -9.13, a PEG ratio of 8.47 and a beta of 0.94. Take-Two Interactive Software, Inc. has a 12 month low of $188.56 and a 12 month high of $264.79. The firm’s 50 day simple moving average is $218.36 and its 200-day simple moving average is $238.36. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14.

Insider Activity

In related news, CEO Strauss Zelnick sold 7,946 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $214.16, for a total transaction of $1,701,715.36. Following the sale, the chief executive officer directly owned 170,756 shares of the company’s stock, valued at approximately $36,569,104.96. This represents a 4.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Daniel P. Emerson sold 810 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $213.47, for a total transaction of $172,910.70. Following the sale, the insider owned 124,191 shares in the company, valued at approximately $26,511,052.77. This represents a 0.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 65,293 shares of company stock valued at $13,994,803 in the last three months. Corporate insiders own 1.34% of the company’s stock.

More Take-Two Interactive Software News

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: Multiple brokers reaffirm buy ratings and high targets (DA Davidson, TD Cowen, Wedbush, Benchmark, Arete), supporting upside vs. current levels; DA Davidson reiterated a Buy with a $300 target. Read More.
• Positive Sentiment: Fundamental / growth coverage highlights TTWO as a strong growth/metaverse play and cites solid player engagement and franchise pipeline (helps justify premium multiples and analyst targets). Read More.
• Neutral Sentiment: MarketBeat/aggregation shows a consensus “Moderate Buy” and an average analyst target (~$284.44), indicating broad institutional backing but spread in outlooks. Read More.
• Neutral Sentiment: Sector/competitive developments: Roblox rolled out improved AI-driven discovery that could shift engagement patterns across user-created game ecosystems—this is a sector-level development to monitor for relative engagement trends. Read More.
• Neutral Sentiment: Valuation debate persists: some research notes point to diverging views on upside tied to Grand Theft Auto VI expectations, creating near-term uncertainty around timing of material upside. Read More.
• Negative Sentiment: Insider selling: Director Ellen Siminoff sold 413 shares (~$86k) mid-March, reducing her stake ~16% — a small dollar amount but a visible insider sale that can weigh on sentiment. Read More.

Analyst Upgrades and Downgrades

TTWO has been the topic of a number of research reports. Wedbush reiterated an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. Arete Research upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 target price for the company in a research report on Monday, December 1st. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, February 2nd. UBS Group increased their price target on Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Finally, B. Riley Financial started coverage on Take-Two Interactive Software in a research note on Wednesday, December 10th. They set a “buy” rating and a $300.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $284.44.

Take-Two Interactive Software Company 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.