13,214 Take-Two Interactive Software, Inc. $TTWO Shares Sold by Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust

Key Points

• Retail Employees Superannuation Trust reduced its Take-Two stake by 27.6%, selling 13,214 shares in the third quarter and retaining 34,696 shares worth approximately $7.2 million. Institutional investors collectively own 95.46% of TTWO.
• Take-Two shares opened at $204.92, versus a 12-month range of $187.63 to $265.94. The company missed quarterly EPS expectations but exceeded revenue estimates, reporting $1.53 billion in revenue.
• Analysts maintain a generally bullish view, with a consensus “Moderate Buy” rating and an average price target of $298.82; however, insiders sold 53,636 shares worth about $12.9 million during the latest quarter.

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust cut its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 27.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,696 shares of the company's stock after selling 13,214 shares during the quarter. Take-Two Interactive Software comprises 1.8% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust's investment portfolio, making the stock its 25th biggest position. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust's holdings in Take-Two Interactive Software were worth $7,199,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of TTWO. CWA Asset Management Group LLC raised its holdings in Take-Two Interactive Software by 14.3% in the 3rd quarter. CWA Asset Management Group LLC now owns 993 shares of the company's stock valued at $206,000 after acquiring an additional 124 shares during the last quarter. IFP Advisors Inc lifted its stake in Take-Two Interactive Software by 398.2% in the 3rd quarter. IFP Advisors Inc now owns 11,335 shares of the company's stock worth $2,352,000 after purchasing an additional 9,060 shares in the last quarter. New England Research & Management Inc. acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $472,000. TD Waterhouse Canada Inc. boosted its holdings in shares of Take-Two Interactive Software by 7.1% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 17,236 shares of the company's stock worth $3,512,000 after purchasing an additional 1,144 shares during the last quarter. Finally, Pension & Wealth Management Advisors Inc. acquired a new position in shares of Take-Two Interactive Software during the 3rd quarter worth approximately $289,000. Hedge funds and other institutional investors own 95.46% of the company's stock.

Insider Activity

In other news, Director LaVerne Srinivasan sold 362 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $245.01, for a total transaction of $88,693.62. Following the sale, the director owned 8,357 shares of the company's stock, valued at approximately $2,047,548.57. The trade was a 4.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Sheresky sold 484 shares of the company's 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 transaction, the director owned 66,010 shares in the company, valued at $13,445,576.90. This represents a 0.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 53,636 shares of company stock worth $12,930,991. 1.12% of the stock is owned by company insiders.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $204.92 on Tuesday. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $265.94. The stock has a market cap of $38.32 billion, a P/E ratio of -118.45, a PEG ratio of 1.43 and a beta of 0.97. The company has a 50-day moving average price of $217.50 and a 200 day moving average price of $224.30. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of $0.33 by ($0.51). The firm had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.36 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%. Take-Two Interactive Software's revenue for the quarter was down 2.1% on a year-over-year basis. During the same period last year, the firm earned ($0.07) earnings per share. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 5.25 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on TTWO. Roth Capital upped their price target on Take-Two Interactive Software from $295.00 to $300.00 and gave the company a "buy" rating in a research report on Monday, August 10th. BMO Capital Markets reiterated an "outperform" rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. Bank of America boosted their price objective on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a "buy" rating in a research note on Tuesday, June 23rd. BTIG Research boosted their price objective on Take-Two Interactive Software from $293.00 to $313.00 and gave the stock a "buy" rating in a research note on Monday, August 10th. Finally, Wells Fargo & Company restated an "overweight" rating on shares of Take-Two Interactive Software in a report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $298.82.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc is an American video game publisher and developer headquartered in New York City. Founded in 1993, the company develops and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.

Take-Two operates through several publishing labels, including Rockstar Games, 2K and Zynga. Its portfolio includes major franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and The Quarry, as well as a broad range of mobile and free-to-play titles.

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