B. Metzler seel. Sohn & Co. AG decreased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 37.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,105 shares of the company's stock after selling 5,980 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Take-Two Interactive Software were worth $2,526,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in TTWO. MCF Advisors LLC purchased a new stake in Take-Two Interactive Software in the fourth quarter worth $25,000. Mosley Wealth Management boosted its holdings in shares of Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company's stock valued at $27,000 after buying an additional 80 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Take-Two Interactive Software during the 2nd quarter valued at $32,000. Essential Partners LLC grew its position in shares of Take-Two Interactive Software by 333.3% in the 1st quarter. Essential Partners LLC now owns 169 shares of the company's stock worth $33,000 after buying an additional 130 shares during the period. Finally, MV Capital Management Inc. purchased a new position in Take-Two Interactive Software during the 4th quarter valued at about $34,000. 95.46% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Take-Two Interactive Software
In related news, Director Ellen F. Siminoff sold 334 shares of the company's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $242.34, for a total transaction of $80,941.56. Following the sale, the director owned 1,666 shares of the company's stock, valued at $403,738.44. This represents a 16.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jon J. Moses sold 500 shares of Take-Two Interactive Software stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $244.61, for a total transaction of $122,305.00. Following the completion of the transaction, the director directly owned 21,868 shares of the company's stock, valued at $5,349,131.48. The trade was a 2.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 61,498 shares of company stock valued at $14,840,312 in the last 90 days. 1.12% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
TTWO has been the subject of a number of analyst reports. BMO Capital Markets reaffirmed an "outperform" rating on shares of Take-Two Interactive Software in a research note on Tuesday, July 28th. Bank of America lifted their price target 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. Raymond James Financial set a $300.00 target price on shares of Take-Two Interactive Software in a report on Thursday, August 6th. UBS Group reaffirmed a "buy" rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Finally, Zacks Research downgraded Take-Two Interactive Software from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $296.95.
View Our Latest Report on Take-Two Interactive Software
Take-Two Interactive Software Price Performance
NASDAQ:TTWO opened at $214.69 on Friday. The business's 50-day simple moving average is $240.00 and its two-hundred day simple moving average is $223.31. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94. The stock has a market cap of $40.14 billion, a PE ratio of -124.10, a P/E/G ratio of 1.42 and a beta of 0.97. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate 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 quarter in the prior year, the business posted ($0.07) EPS. The business'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, analysts forecast that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year.
About Take-Two Interactive Software
(
Free Report)
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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