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Arista Wealth Management LLC Acquires New Holdings in Take-Two Interactive Software, Inc. $TTWO

Take-Two Interactive Software logo with Consumer Discretionary background

Key Points

  • Arista Wealth Management LLC has acquired 4,389 shares of Take-Two Interactive Software, valued at approximately $1,066,000, indicating a growing interest from institutional investors.
  • CEO Strauss Zelnick sold 20,000 shares of the company stock for approximately $4.61 million, while overall insider selling has totaled over $32 million in three months.
  • Analyst ratings for Take-Two Interactive have shown a positive trend, with multiple firms raising their target prices to as high as $300 and a consensus rating of "Moderate Buy."
  • Five stocks to consider instead of Take-Two Interactive Software.

Arista Wealth Management LLC bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,389 shares of the company's stock, valued at approximately $1,066,000.

A number of other hedge funds also recently made changes to their positions in TTWO. Smithbridge Asset Management Inc. DE acquired a new position in shares of Take-Two Interactive Software during the second quarter worth approximately $6,889,000. Harbor Asset Planning Inc. bought a new stake in Take-Two Interactive Software during the 2nd quarter valued at $36,000. WCM Investment Management LLC boosted its position in Take-Two Interactive Software by 6.0% during the 2nd quarter. WCM Investment Management LLC now owns 10,016 shares of the company's stock worth $2,418,000 after acquiring an additional 564 shares during the period. Allianz Asset Management GmbH grew its stake in shares of Take-Two Interactive Software by 3.1% in the second quarter. Allianz Asset Management GmbH now owns 53,708 shares of the company's stock worth $13,043,000 after purchasing an additional 1,637 shares in the last quarter. Finally, Generali Asset Management SPA SGR grew its stake in shares of Take-Two Interactive Software by 1.9% in the second quarter. Generali Asset Management SPA SGR now owns 6,594 shares of the company's stock worth $1,601,000 after purchasing an additional 124 shares in the last quarter. Institutional investors own 95.46% of the company's stock.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 20,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $230.69, for a total transaction of $4,613,800.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ellen F. Siminoff sold 414 shares of the stock in a transaction on Monday, September 15th. The shares were sold at an average price of $246.25, for a total value of $101,947.50. Following the completion of the sale, the director owned 3,003 shares of the company's stock, valued at $739,488.75. The trade was a 12.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 141,411 shares of company stock valued at $32,434,222 over the last three months. 1.34% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on TTWO shares. DA Davidson increased their target price on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a "buy" rating in a research report on Thursday, October 9th. Benchmark increased their price objective on shares of Take-Two Interactive Software from $275.00 to $300.00 and gave the company a "buy" rating in a report on Thursday. Weiss Ratings reissued a "sell (d)" rating on shares of Take-Two Interactive Software in a report on Wednesday, October 8th. Citigroup upped their target price on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Finally, Zacks Research upgraded Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. Nineteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $252.85.

View Our Latest Report on TTWO

Take-Two Interactive Software Stock Down 0.9%

Shares of Take-Two Interactive Software stock opened at $259.23 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $154.03 and a 12-month high of $264.79. The firm has a market capitalization of $47.82 billion, a PE ratio of -10.83, a price-to-earnings-growth ratio of 5.55 and a beta of 1.01. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The stock's fifty day moving average is $244.25 and its 200-day moving average is $232.84.

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

About Take-Two Interactive Software

(Free Report)

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.

See Also

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).

Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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.

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