Andra AP fonden Cuts Position in Take-Two Interactive Software, Inc. $TTWO

Andra AP fonden decreased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 25.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,900 shares of the company's stock after selling 8,100 shares during the period. Andra AP fonden's holdings in Take-Two Interactive Software were worth $5,975,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in TTWO. Silicon Valley Capital Partners bought a new position in shares of Take-Two Interactive Software during the second quarter valued at $25,000. Sequoia Financial Advisors LLC grew its position in Take-Two Interactive Software by 18.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 5,735 shares of the company's stock valued at $1,434,000 after purchasing an additional 901 shares during the last quarter. MCF Advisors LLC raised its holdings in Take-Two Interactive Software by 8.6% in the second quarter. MCF Advisors LLC now owns 1,086 shares of the company's stock worth $271,000 after buying an additional 86 shares during the last quarter. National Pension Service raised its holdings in Take-Two Interactive Software by 10.0% in the second quarter. National Pension Service now owns 321,495 shares of the company's stock worth $80,367,000 after buying an additional 29,189 shares during the last quarter. Finally, WINTON GROUP Ltd raised its holdings in Take-Two Interactive Software by 2,526.5% in the second quarter. WINTON GROUP Ltd now owns 58,676 shares of the company's stock worth $14,668,000 after buying an additional 56,442 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Stock Up 0.4%

Shares of Take-Two Interactive Software stock opened at $206.32 on Thursday. Take-Two Interactive Software, Inc. has a twelve month low of $187.63 and a twelve month high of $265.94. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The company's 50 day moving average is $230.33 and its 200 day moving average is $224.02. The company has a market cap of $38.58 billion, a price-to-earnings ratio of -119.26, a price-to-earnings-growth ratio of 1.43 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted 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 company had revenue of $1.53 billion during the quarter, compared to the consensus estimate 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%.The company's revenue for the quarter was down 2.1% on a year-over-year basis. During the same period last year, the firm posted ($0.07) EPS. 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. Research analysts anticipate that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.

Analyst Upgrades and Downgrades

TTWO has been the topic of a number of recent analyst reports. Bank of America increased their price target on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the company a "buy" rating in a report on Tuesday, June 23rd. Piper Sandler reaffirmed an "overweight" rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Zacks Research downgraded Take-Two Interactive Software from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 25th. UBS Group reiterated a "buy" rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Finally, Benchmark reissued a "buy" rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $296.95.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 334 shares of the business's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $219.53, for a total transaction of $73,323.02. Following the completion of the sale, the director owned 1,499 shares of the company's stock, valued at approximately $329,075.47. The trade was a 18.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director LaVerne Srinivasan sold 362 shares of the firm's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $245.01, for a total value of $88,693.62. Following the completion of the transaction, the director directly owned 8,357 shares in the company, valued at $2,047,548.57. This trade represents a 4.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 43,152 shares of company stock valued at $10,825,075 in the last quarter. Insiders own 1.12% of the company's stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a global developer, publisher and marketer of interactive entertainment. The company creates and distributes games for consoles, personal computers and mobile devices, as well as related downloadable content, subscriptions and in-game services.

Take-Two operates through well-known labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and XCOM franchises, along with mobile and social games such as Zynga's casual and social entertainment offerings.

Founded in 1993 and headquartered in New York City, Take-Two serves customers worldwide through both physical retail channels and digital distribution platforms.

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