Massachusetts Financial Services Co. MA lifted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 3.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,525,176 shares of the company’s stock after buying an additional 166,867 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 3.00% of Take-Two Interactive Software worth $1,341,789,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the stock. Cerity Partners LLC increased its position in Take-Two Interactive Software by 9.1% during the 1st quarter. Cerity Partners LLC now owns 9,125 shares of the company’s stock worth $1,891,000 after purchasing an additional 763 shares in the last quarter. Ballentine Partners LLC acquired a new stake in Take-Two Interactive Software in the first quarter valued at $202,000. Apollon Wealth Management LLC bought a new stake in Take-Two Interactive Software during the first quarter valued at $479,000. Wealthfront Advisers LLC lifted its position in shares of Take-Two Interactive Software by 18.6% in the 1st quarter. Wealthfront Advisers LLC now owns 11,353 shares of the company’s stock worth $2,353,000 after buying an additional 1,779 shares during the last quarter. Finally, Larson Financial Group LLC boosted its holdings in shares of Take-Two Interactive Software by 92.1% in the 1st quarter. Larson Financial Group LLC now owns 315 shares of the company’s stock valued at $65,000 after buying an additional 151 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the company. Jefferies Financial Group increased their price target on Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Wedbush boosted their price objective on Take-Two Interactive Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Bank of America increased their price target on Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Cowen reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Thursday, October 23rd. Finally, UBS Group increased their price target on Take-Two Interactive Software from $285.00 to $292.00 and gave the company a “buy” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.45.
Take-Two Interactive Software Trading Down 1.1%
Take-Two Interactive Software stock opened at $235.03 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. Take-Two Interactive Software, Inc. has a 12 month low of $176.68 and a 12 month high of $264.79. The company’s fifty day simple moving average is $251.73 and its 200-day simple moving average is $238.88. The stock has a market cap of $43.43 billion, a P/E ratio of -9.82, a P/E/G ratio of 5.10 and a beta of 1.00.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last posted its earnings results on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.13. The firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.71 billion. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The company’s revenue for the quarter was up 33.3% on a year-over-year basis. During the same period in the previous year, the company earned ($2.08) EPS. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, sell-side analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.
Insider Transactions at Take-Two Interactive Software
In related news, Director Ellen F. Siminoff sold 411 shares of the stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $259.42, for a total transaction of $106,621.62. Following the completion of the transaction, the director directly owned 2,860 shares in the company, valued at approximately $741,941.20. This trade represents a 12.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jon J. Moses sold 1,000 shares of the firm’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $239.57, for a total value of $239,570.00. Following the sale, the director directly owned 21,901 shares of the company’s stock, valued at $5,246,822.57. This represents a 4.37% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 140,822 shares of company stock valued at $32,309,514. Corporate insiders own 1.34% of the company’s stock.
Take-Two Interactive Software 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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