Evelyn Partners Asset Management Ltd Buys New Shares in Take-Two Interactive Software, Inc. $TTWO

Evelyn Partners Asset Management Ltd purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 1,049 shares of the company’s stock, valued at approximately $255,000.

A number of other large investors have also recently added to or reduced their stakes in TTWO. Mirae Asset Global Investments Co. Ltd. increased its position in 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 grew its stake in shares of Take-Two Interactive Software by 22.8% in the second quarter. Ninety One UK Ltd now owns 1,801,582 shares of the company’s stock valued at $437,514,000 after acquiring an additional 334,946 shares in the last quarter. Perigon Wealth Management LLC increased its position in Take-Two Interactive Software by 79.2% during the second quarter. Perigon Wealth Management LLC now owns 2,251 shares of the company’s stock worth $547,000 after acquiring an additional 995 shares during the period. PNC Financial Services Group Inc. increased its position in Take-Two Interactive Software by 14.1% during the first quarter. PNC Financial Services Group Inc. now owns 23,829 shares of the company’s stock worth $4,939,000 after acquiring an additional 2,946 shares during the period. Finally, Swedbank AB raised its stake in Take-Two Interactive Software by 9.8% in the 1st quarter. Swedbank AB now owns 115,042 shares of the company’s stock worth $23,842,000 after purchasing an additional 10,305 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analysts Set New Price Targets

TTWO has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 8th. Wall Street Zen cut Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. UBS Group increased their price target on Take-Two Interactive Software from $285.00 to $292.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. DA Davidson raised their price objective on Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Finally, Wells Fargo & Company upped their target price on Take-Two Interactive Software from $270.00 to $277.00 and gave the company an “overweight” rating in a research report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $264.45.

Insiders Place Their Bets

In other news, CEO Strauss Zelnick sold 45,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total value of $10,404,000.00. Following the sale, the chief executive officer directly owned 281,495 shares in the company, valued at approximately $65,081,644. This trade represents a 13.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jon J. Moses sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $239.57, for a total transaction of $239,570.00. Following the transaction, the director owned 21,901 shares of the company’s stock, valued at approximately $5,246,822.57. This represents a 4.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 67,421 shares of company stock worth $15,606,412 in the last ninety days. Insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Stock Up 0.0%

NASDAQ TTWO opened at $235.47 on Friday. The business has a fifty day moving average price of $250.74 and a two-hundred day moving average price of $239.16. The stock has a market capitalization of $43.51 billion, a PE ratio of -9.84, a PEG ratio of 5.10 and a beta of 1.00. Take-Two Interactive Software, Inc. has a fifty-two week low of $177.35 and a fifty-two week high of $264.79. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Thursday, November 6th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.13. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the company posted ($2.08) EPS. The company’s revenue for the quarter was up 33.3% compared to the same quarter last year. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Equities analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

About Take-Two Interactive Software

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.