Norges Bank Acquires Shares of 3,010,281 Take-Two Interactive Software, Inc. $TTWO

Norges Bank bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the second quarter, Holdings Channel reports. The fund bought 3,010,281 shares of the company’s stock, valued at approximately $731,047,000.

Several other institutional investors also recently modified their holdings of the business. ORG Partners LLC raised its stake in Take-Two Interactive Software by 115.7% during the second quarter. ORG Partners LLC now owns 110 shares of the company’s stock valued at $26,000 after buying an additional 59 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Take-Two Interactive Software by 101.9% in the 2nd quarter. Blue Trust Inc. now owns 105 shares of the company’s stock worth $26,000 after purchasing an additional 53 shares in the last quarter. 1 North Wealth Services LLC purchased a new position in shares of Take-Two Interactive Software in the first quarter worth $29,000. Game Plan Financial Advisors LLC bought a new position in shares of Take-Two Interactive Software during the first quarter valued at $31,000. Finally, LGT Financial Advisors LLC purchased a new stake in shares of Take-Two Interactive Software during the second quarter valued at $34,000. 95.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on TTWO shares. Wedbush upped their target price on shares of Take-Two Interactive Software from $290.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Cowen reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Tuesday. BMO Capital Markets raised their price target on Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Arete Research downgraded Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. Finally, Raymond James Financial upped their price target on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $264.45.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Jon J. Moses sold 1,000 shares of the company’s stock in a transaction 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 completion of the sale, the director directly owned 21,901 shares in the company, valued at $5,246,822.57. This represents a 4.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Ellen F. Siminoff sold 414 shares of the firm’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $246.25, for a total value of $101,947.50. Following the sale, the director directly owned 3,003 shares in the company, valued at approximately $739,488.75. The trade was a 12.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,421 shares of company stock worth $588,612 over the last quarter. Insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO opened at $246.17 on Friday. The firm has a fifty day simple moving average of $250.10 and a two-hundred day simple moving average of $239.70. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $45.49 billion, a P/E ratio of -10.28, a PEG ratio of 5.10 and a beta of 1.00. Take-Two Interactive Software, Inc. has a 52 week low of $177.35 and a 52 week high of $264.79.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Thursday, November 6th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.91 by $0.13. The company 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 firm’s revenue was up 33.3% on a year-over-year basis. During the same quarter last year, the business posted ($2.08) earnings per share. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. On average, analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

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.