148,373 Shares in Take-Two Interactive Software, Inc. $TTWO Acquired by Ontario Teachers Pension Plan Board

Key Points

• Ontario Teachers Pension Plan Board acquired 148,373 Take-Two shares worth approximately $37.1 million, while institutional investors and hedge funds collectively own 95.46% of the company.
• Analysts remain broadly bullish, with an average “Buy” rating and a $296.95 price target; several firms recently raised their targets to as high as $313.
• Take-Two reported quarterly revenue of $1.53 billion, exceeding expectations, but missed on EPS and posted a year-over-year revenue decline. Insiders have sold 610,759 shares worth approximately $138.7 million over the past 90 days.

Ontario Teachers Pension Plan Board bought a new position in 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 fund bought 148,373 shares of the company's stock, valued at approximately $37,090,000. Ontario Teachers Pension Plan Board owned approximately 0.08% of Take-Two Interactive Software as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. MCF Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the 4th quarter worth approximately $25,000. Mosley Wealth Management boosted its stake in Take-Two Interactive Software by 266.7% during the second quarter. Mosley Wealth Management now owns 110 shares of the company's stock worth $27,000 after acquiring an additional 80 shares in the last quarter. Meeder Asset Management Inc. bought a new position in Take-Two Interactive Software during the second quarter worth $32,000. Essential Partners LLC grew its holdings in Take-Two Interactive Software by 333.3% in the first quarter. Essential Partners LLC now owns 169 shares of the company's stock worth $33,000 after purchasing an additional 130 shares during the period. Finally, Rachor Investment Advisory Services LLC acquired a new stake in Take-Two Interactive Software in the fourth quarter worth $34,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TTWO. DA Davidson reiterated a "buy" rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, August 10th. Wedbush restated an "outperform" rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Roth Capital boosted their target price 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. BTIG Research boosted their target price on Take-Two Interactive Software from $293.00 to $313.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Finally, Benchmark reaffirmed a "buy" rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $296.95.

Take-Two Interactive Software Price Performance

TTWO opened at $242.40 on Wednesday. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $265.94. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $45.32 billion, a price-to-earnings ratio of -140.11, a P/E/G ratio of 1.70 and a beta of 0.97. The firm's fifty day moving average price is $240.32 and its two-hundred day moving average price is $221.50.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The firm had revenue of $1.53 billion during the quarter, compared to analysts' expectations of $1.36 billion. During the same quarter in the prior year, the company earned ($0.07) EPS. The business's revenue for the quarter was down 2.1% on a year-over-year basis. 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. As a group, analysts anticipate that Take-Two Interactive Software, Inc. will post 5.3 earnings per share for the current fiscal year.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Jon J. Moses sold 500 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $244.61, for a total transaction of $122,305.00. Following the transaction, the director owned 21,868 shares of the company's stock, valued at $5,349,131.48. This trade represents a 2.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael Sheresky sold 127 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $31,116.27. Following the transaction, the director directly owned 65,368 shares in the company, valued at approximately $16,015,813.68. This represents a 0.19% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 610,759 shares of company stock worth $138,737,789. Company insiders own 1.12% of the company's stock.

About Take-Two Interactive Software

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two's publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.

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