Alta Advisers Ltd acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 861 shares of the company’s stock, valued at approximately $209,000.
Other large investors have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Take-Two Interactive Software by 21.4% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 297,783 shares of the company’s stock worth $72,317,000 after buying an additional 52,524 shares during the period. Ninety One UK Ltd boosted its holdings in shares of Take-Two Interactive Software by 22.8% during the 2nd quarter. Ninety One UK Ltd now owns 1,801,582 shares of the company’s stock worth $437,514,000 after buying an additional 334,946 shares during the period. Clarius Group LLC bought a new stake in shares of Take-Two Interactive Software during the 1st quarter worth $404,000. Cornerstone Investment Partners LLC boosted its holdings in shares of Take-Two Interactive Software by 14.1% during the 1st quarter. Cornerstone Investment Partners LLC now owns 292,616 shares of the company’s stock worth $60,645,000 after buying an additional 36,112 shares during the period. Finally, Stonebridge Financial Group LLC boosted its holdings in shares of Take-Two Interactive Software by 3,986.2% during the 1st quarter. Stonebridge Financial Group LLC now owns 1,185 shares of the company’s stock worth $246,000 after buying an additional 1,156 shares during the period. 95.46% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the stock. Benchmark upped their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Bank of America increased their price target on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 8th. Wedbush increased their price target on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, August 8th. UBS Group increased their price target on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 8th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Wednesday. Nineteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $251.60.
Take-Two Interactive Software Trading Down 1.8%
Shares of TTWO stock opened at $251.97 on Friday. Take-Two Interactive Software, Inc. has a 52-week low of $153.06 and a 52-week high of $262.19. The stock has a market cap of $46.48 billion, a price-to-earnings ratio of -10.53, a P/E/G ratio of 5.35 and a beta of 1.01. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16. The firm has a fifty day moving average of $241.66 and a 200-day moving average of $231.66.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.33. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the prior year, the company posted ($1.52) EPS. The business’s revenue was up 16.4% on a year-over-year basis. Take-Two Interactive Software has set its Q2 2026 guidance at 0.850-0.950 EPS. FY 2026 guidance at 2.600-2.850 EPS. On average, equities research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, President Karl Slatoff sold 48,995 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.68, for a total value of $11,155,181.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $528,867.75. Following the sale, the director owned 9,063 shares of the company’s stock, valued at $2,061,560.61. This trade represents a 20.42% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 141,825 shares of company stock worth $32,532,671. Insiders own 1.34% of the company’s stock.
Take-Two Interactive Software Company 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.
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