111 Capital Purchases Shares of 3,379 Take-Two Interactive Software, Inc. $TTWO

Key Points

• 111 Capital acquired 3,379 shares of Take-Two Interactive Software, valued at approximately $821,000, highlighting growing institutional interest in the company.
• Take-Two reported strong quarterly earnings, with earnings per share of $0.61, surpassing expectations and demonstrating a 16.4% revenue increase year-over-year.
• Analysts are optimistic, with multiple brokerages raising their price targets for Take-Two shares, reflecting a consensus rating of "Moderate Buy" and an average target price of $249.50.

111 Capital acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,379 shares of the company's stock, valued at approximately $821,000.

A number of other hedge funds have also recently made changes to their positions in TTWO. Nuveen LLC acquired a new position in shares of Take-Two Interactive Software during the first quarter valued at about $288,410,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Take-Two Interactive Software by 425.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock valued at $296,640,000 after buying an additional 1,158,783 shares during the last quarter. Contour Asset Management LLC acquired a new position in shares of Take-Two Interactive Software during the first quarter valued at about $180,701,000. Assenagon Asset Management S.A. grew its holdings in shares of Take-Two Interactive Software by 107.8% during the second quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company's stock valued at $243,222,000 after buying an additional 519,518 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Take-Two Interactive Software by 2.6% during the first quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company's stock valued at $4,117,123,000 after buying an additional 506,026 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $257.68 on Friday. The company's 50 day moving average is $238.32 and its 200-day moving average is $230.17. Take-Two Interactive Software, Inc. has a 12-month low of $147.78 and a 12-month high of $261.47. 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 firm has a market cap of $47.53 billion, a P/E ratio of -10.76, a price-to-earnings-growth ratio of 5.47 and a beta of 1.01.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.33. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The company's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($1.52) earnings per share. 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. Sell-side analysts predict that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TTWO. Bank of America lifted their price objective 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. Zacks Research upgraded shares of Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 13th. UBS Group boosted their price target on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Wells Fargo & Company initiated coverage on shares of Take-Two Interactive Software in a report on Monday, July 28th. They set an "overweight" rating and a $265.00 price target on the stock. Finally, Citigroup boosted their price target on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Nineteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $249.50.

Insider Buying and Selling at Take-Two Interactive Software

In related news, CEO Strauss Zelnick sold 20,000 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $230.69, for a total transaction of $4,613,800.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the company's stock in a transaction that occurred on 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 directly owned 9,063 shares in the company, 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. Insiders have sold a total of 141,825 shares of company stock worth $32,532,671 in the last ninety days. 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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