109,103 Take-Two Interactive Software, Inc. $TTWO Shares Purchased by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA raised its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 31.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 454,091 shares of the company’s stock after acquiring an additional 109,103 shares during the period. Pictet Asset Management Holding SA owned approximately 0.24% of Take-Two Interactive Software worth $94,224,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Silicon Valley Capital Partners purchased a new position in shares of Take-Two Interactive Software in the 2nd quarter worth about $25,000. Mosley Wealth Management grew its holdings in shares of Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after purchasing an additional 80 shares during the period. Burkett Financial Services LLC acquired a new stake in Take-Two Interactive Software during the 3rd quarter worth approximately $28,000. Washington Trust Advisors Inc. increased its position in Take-Two Interactive Software by 116.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 119 shares of the company’s stock worth $30,000 after purchasing an additional 64 shares in the last quarter. Finally, Meeder Asset Management Inc. acquired a new stake in Take-Two Interactive Software during the 2nd quarter worth approximately $32,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Sheresky sold 484 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $203.69, for a total value of $98,585.96. Following the completion of the sale, the director owned 66,010 shares of the company’s stock, valued at $13,445,576.90. This trade represents a 0.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ellen Siminoff sold 334 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $202.92, for a total transaction of $67,775.28. Following the sale, the director owned 1,332 shares in the company, valued at $270,289.44. This represents a 20.05% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 13,636 shares of company stock valued at $2,825,391 over the last three months. Company insiders own 1.12% of the company’s stock.

Wall Street Analysts Forecast Growth

TTWO has been the topic of several research reports. Piper Sandler restated an “overweight” rating and issued a $290.00 price target on shares of Take-Two Interactive Software in a report on Monday, November 2nd. The Goldman Sachs Group boosted their price objective on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Wedbush reissued an “outperform” rating and issued a $280.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, November 2nd. Bank of America cut their target price on shares of Take-Two Interactive Software from $368.00 to $330.00 and set a “buy” rating on the stock in a research note on Tuesday, October 27th. Finally, Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $288.05.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $207.40 on Tuesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. Take-Two Interactive Software, Inc. has a 1-year low of $183.86 and a 1-year high of $265.94. The company has a market capitalization of $38.78 billion, a price-to-earnings ratio of -119.88, a PEG ratio of 1.55 and a beta of 0.93. The business has a 50-day moving average of $206.97 and a 200-day moving average of $218.96.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Monday, November 9th. The company reported ($0.29) EPS for the quarter, missing the consensus estimate of $0.96 by ($1.25). The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The business’s quarterly revenue was down 18.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.73) earnings per share. Take-Two Interactive Software has set its Q3 2027 guidance at 3.800-4.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. On average, equities analysts anticipate that Take-Two Interactive Software, Inc. will post 5.19 EPS for the current fiscal year.

Key Take-Two Interactive Software News

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

• Positive Sentiment: CEO Strauss Zelnick said GTA VI pre-orders are at “unprecedented levels” ahead of its November 19 launch, supporting expectations for a major release. Article: Take-Two Reports Lower Revenue Ahead of GTA VI Launch
• Positive Sentiment: Macquarie initiated coverage with an Outperform rating and a $300 price target, a bullish view on the company’s prospects. Article: Macquarie Initiates Take-Two at Outperform
• Neutral Sentiment: Take-Two’s fiscal 2027 EPS guidance was reported above the cited consensus, though comparisons may reflect different earnings measures; investors are also focused on how much of the new game’s success is reflected in forecasts. Article: Take-Two Q3 Revenue Expectations
• Negative Sentiment: Reported quarterly revenue was $1.50 billion, down 18.4% year over year and below the $1.64 billion estimate. The company posted a GAAP loss of $0.29 per share, missing the cited consensus; Zacks separately reported adjusted earnings of $1 per share, ahead of its estimate. Article: Take-Two Earnings Results
• Negative Sentiment: Investors may also be concerned that fiscal 2027 net bookings guidance of $8.0–$8.2 billion trails the roughly $8.6 billion analyst expectation, and that projected Q3 bookings are below estimates. This cautious outlook may temper enthusiasm despite strong pre-orders. Article: Take-Two Projects Third-Quarter Bookings Below Estimates

About Take-Two Interactive Software

Take-Two Interactive Software is a global publisher and developer of interactive entertainment for console, PC, and mobile platforms. Its business includes creating and distributing games, downloadable content, and related services through its wholly owned labels, including Rockstar Games, 2K, and Zynga.

The company’s portfolio includes franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, Borderlands, and Civilization, along with a range of mobile games. Its titles are sold and played in markets around the world.

Founded in 1993 and headquartered in New York City, Take-Two acquired mobile-game publisher Zynga in 2022.