369,527 Shares in Take-Two Interactive Software, Inc. $TTWO Bought by Caisse de depot et placement du Quebec

Key Points

• Caisse de dépôt et placement du Québec acquired 369,527 Take-Two Interactive shares worth approximately $92.4 million, representing about 0.20% of the company. Institutional investors collectively own 95.46% of TTWO.
• Take-Two reported quarterly revenue of $1.53 billion, beating expectations of $1.36 billion, but posted a loss of $0.18 per share versus the projected $0.33 profit. Revenue declined 2.1% year over year.
• Analysts remain broadly bullish, with a consensus “Buy” rating and a $296.95 price target, although insiders sold 540,759 shares worth approximately $123.2 million over the past three months.

Caisse de depot et placement du Quebec bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 369,527 shares of the company's stock, valued at approximately $92,374,000. Caisse de depot et placement du Quebec owned approximately 0.20% of Take-Two Interactive Software as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of TTWO. Integrated Wealth Concepts LLC acquired a new position in shares of Take-Two Interactive Software during the 1st quarter worth $425,000. Empowered Funds LLC boosted its position in shares of Take-Two Interactive Software by 13.2% in the 1st quarter. Empowered Funds LLC now owns 3,322 shares of the company's stock worth $688,000 after buying an additional 388 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Take-Two Interactive Software by 118.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 304 shares of the company's stock valued at $63,000 after acquiring an additional 165 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Take-Two Interactive Software in the 2nd quarter valued at about $2,747,000. Finally, Jump Financial LLC increased its holdings in Take-Two Interactive Software by 105.3% during the 2nd quarter. Jump Financial LLC now owns 7,115 shares of the company's stock valued at $1,728,000 after acquiring an additional 3,650 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Up 0.2%

TTWO stock opened at $233.45 on Thursday. The company has a 50 day moving average price of $242.48 and a two-hundred day moving average price of $222.41. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market capitalization of $43.65 billion, a P/E ratio of -134.94, a PEG ratio of 1.55 and a beta of 0.97. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.51). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The business had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.36 billion. During the same period in the prior year, the company earned ($0.07) EPS. The company's revenue for the quarter was down 2.1% compared to the same quarter last year. 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, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current year.

Insider Transactions at Take-Two Interactive Software

In related news, Director Michael Dornemann sold 1,151 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $217.02, for a total transaction of $249,790.02. Following the transaction, the director directly owned 20,374 shares in the company, valued at approximately $4,421,565.48. This represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jon J. Moses sold 500 shares of the stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $244.61, for a total value of $122,305.00. Following the transaction, the director owned 21,868 shares in the company, valued at $5,349,131.48. This trade represents a 2.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 540,759 shares of company stock valued at $123,183,789. Corporate insiders own 1.12% of the company's stock.

Analyst Upgrades and Downgrades

TTWO has been the topic of several recent research reports. UBS Group reaffirmed a "buy" rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. Roth Capital raised their price objective on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a "buy" rating in a research note on Monday, August 10th. Bank of America lifted their price objective on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a "buy" rating in a research report on Tuesday, June 23rd. Weiss Ratings reiterated a "sell (d-)" rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. Finally, Piper Sandler reissued an "overweight" rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Two 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. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $296.95.

Take-Two Interactive Software Profile

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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