Adage Capital Partners GP L.L.C. Decreases Stake in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Adage Capital Partners GP L.L.C. reduced its stake in Take-Two Interactive Software by 1.8%, selling 2,800 shares and now holding 149,760 shares valued at approximately $31 million.
• Several institutional investors, including Nuveen LLC and Vanguard Group Inc., have significantly increased their investments in Take-Two, highlighting strong institutional interest in the company.
• Take-Two recently reported earnings of $0.61 per share, exceeding estimates by $0.33, and has set a Q2 2026 guidance of 0.850-0.950 EPS.

Adage Capital Partners GP L.L.C. cut its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 1.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,760 shares of the company's stock after selling 2,800 shares during the period. Adage Capital Partners GP L.L.C. owned 0.08% of Take-Two Interactive Software worth $31,038,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Contour Asset Management LLC acquired a new position in shares of Take-Two Interactive Software during the first quarter worth approximately $180,701,000. First Manhattan CO. LLC. increased its position in shares of Take-Two Interactive Software by 6.5% during the 1st quarter. First Manhattan CO. LLC. now owns 2,397,679 shares of the company's stock valued at $496,919,000 after purchasing an additional 147,077 shares during the last quarter. Paloma Partners Management Co increased its position in shares of Take-Two Interactive Software by 45.9% during the 1st quarter. Paloma Partners Management Co now owns 6,000 shares of the company's stock valued at $1,244,000 after purchasing an additional 1,887 shares during the last quarter. Focus Partners Advisor Solutions LLC purchased a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at $250,000. Finally, Royal Bank of Canada increased its holdings in Take-Two Interactive Software by 18.9% in the 1st quarter. Royal Bank of Canada now owns 754,848 shares of the company's stock worth $156,443,000 after acquiring an additional 120,220 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO traded up $9.10 during trading hours on Monday, hitting $248.78. 2,211,836 shares of the stock were exchanged, compared to its average volume of 1,982,465. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The firm's fifty day moving average price is $232.40 and its 200 day moving average price is $224.28. The company has a market cap of $45.89 billion, a P/E ratio of -10.39, a P/E/G ratio of 6.03 and a beta of 1.00. Take-Two Interactive Software, Inc. has a 52-week low of $146.76 and a 52-week high of $250.45.

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 analysts' consensus estimates of $0.28 by $0.33. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the prior year, the business earned ($1.52) earnings per share. The business's revenue 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. As a group, equities research analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TTWO has been the subject of several analyst reports. Morgan Stanley raised their target price on Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday, May 19th. Wedbush lifted their price target on Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. JPMorgan Chase & Co. boosted their target price on Take-Two Interactive Software from $250.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Citigroup lifted their price target on Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. Finally, Raymond James Financial boosted their target price on Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $248.32.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 22,479 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total value of $5,113,298.13. Following the sale, the insider owned 129,792 shares of the company's stock, valued at approximately $29,523,786.24. The trade was a 14.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the business'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 value 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 141,411 shares of company stock valued at $32,430,724 over the last ninety days. Company insiders own 1.34% of the company's stock.

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.