1,457 Shares in Take-Two Interactive Software, Inc. $TTWO Acquired by Vicus Capital

Key Points

• Vicus Capital acquired 1,457 shares of Take-Two Interactive Software, valued at approximately $354,000, during the 2nd quarter, amid increased interest from several hedge funds in the company's stock.
• Multiple analysts have set price targets for Take-Two, with Wedbush raising its target to $275.00 and CICC Research initiating coverage with an 'outperform' rating and a $272.00 target price.
• Directors at Take-Two revealed significant sales of company shares, with insider transactions totaling over $32 million in the last ninety days, despite them holding only 1.34% of the company's stock.

Vicus Capital acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,457 shares of the company's stock, valued at approximately $354,000.

Other hedge funds have also made changes to their positions in the company. Nuveen LLC bought a new stake in shares of Take-Two Interactive Software in the first quarter valued at about $288,410,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Take-Two Interactive Software by 425.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock valued at $296,640,000 after purchasing an additional 1,158,783 shares in the last quarter. Contour Asset Management LLC bought a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at about $180,701,000. Assenagon Asset Management S.A. lifted its position in shares of Take-Two Interactive Software by 107.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company's stock worth $243,222,000 after purchasing an additional 519,518 shares during the period. Finally, Vanguard Group Inc. boosted its stake 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 purchasing an additional 506,026 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on TTWO. CICC Research started coverage on Take-Two Interactive Software in a report on Tuesday. They set an "outperform" rating and a $272.00 target price for the company. Wedbush boosted their price target on Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. Wells Fargo & Company began coverage on Take-Two Interactive Software in a research report on Monday, July 28th. They set an "overweight" rating and a $265.00 price objective on the stock. 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. Finally, Benchmark raised their price target on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 8th. Nineteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $249.50.

Insiders Place Their Bets

In other news, Director Jon J. Moses sold 1,000 shares of the company's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $239.57, for a total value of $239,570.00. Following the sale, the director directly owned 21,901 shares of the company's stock, valued at $5,246,822.57. This represents a 4.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the firm's stock in a transaction 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 transaction, the director directly owned 9,063 shares of the company's stock, valued at approximately $2,061,560.61. This trade represents a 20.42% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 141,825 shares of company stock valued at $32,532,671. Insiders own 1.34% of the company's stock.

Take-Two Interactive Software Stock Up 0.6%

NASDAQ:TTWO opened at $256.94 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $261.47. The company has a market cap of $47.40 billion, a PE ratio of -10.73, a P/E/G ratio of 5.42 and a beta of 1.01. The company's 50 day moving average is $237.66 and its two-hundred day moving average is $229.66.

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

Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.