13,000 Shares in Take-Two Interactive Software, Inc. $TTWO Acquired by Banco BTG Pactual S.A.

Key Points

• Banco BTG Pactual S.A. recently invested approximately $2.69 million to acquire 13,000 shares of Take-Two Interactive Software, Inc., marking a significant addition to its portfolio in the gaming sector.
• After a strong earnings report that beat analysts' expectations, several research firms have raised their price targets for Take-Two, with Benchmark and JPMorgan each setting targets of $275.
• Institutional investors now hold 95.46% of the company's stock, indicating strong confidence and interest among major investors in Take-Two Interactive Software.

Banco BTG Pactual S.A. bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 13,000 shares of the company's stock, valued at approximately $2,694,000.

Several other institutional investors and hedge funds have also made changes to their positions in TTWO. Nuveen LLC acquired a new position in shares of Take-Two Interactive Software during the 1st quarter worth approximately $288,410,000. GAMMA Investing LLC boosted its holdings in shares of Take-Two Interactive Software by 27,563.6% during the 1st quarter. GAMMA Investing LLC now owns 693,251 shares of the company's stock worth $143,676,000 after purchasing an additional 690,745 shares during the last quarter. Alyeska Investment Group L.P. boosted its holdings in shares of Take-Two Interactive Software by 74.3% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,347,150 shares of the company's stock worth $247,983,000 after purchasing an additional 574,326 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Take-Two Interactive Software by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company's stock worth $4,117,123,000 after purchasing an additional 506,026 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of Take-Two Interactive Software by 1,112.5% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 366,853 shares of the company's stock valued at $76,030,000 after buying an additional 336,598 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Strauss Zelnick sold 216,661 shares of the stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $225.75, for a total value of $48,911,220.75. Following the sale, the chief executive officer directly owned 1,206,427 shares in the company, valued at $272,350,895.25. This represents a 15.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President Karl Slatoff sold 216,661 shares of the stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the completion of the sale, the president owned 1,206,427 shares in the company, valued at $272,350,895.25. This represents a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 535,789 shares of company stock valued at $121,089,348 in the last 90 days. 1.34% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TTWO shares. UBS Group lifted their price target on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Wells Fargo & Company started coverage on Take-Two Interactive Software in a research report on Monday, July 28th. They issued an "overweight" rating and a $265.00 target price on the stock. Morgan Stanley boosted their target price on Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a research report on Monday, May 19th. Citigroup boosted their target price 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, Bank of America boosted their target price on Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Nineteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $245.60.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO traded up $1.16 during trading hours on Friday, hitting $229.03. The company had a trading volume of 1,089,234 shares, compared to its average volume of 1,915,344. Take-Two Interactive Software, Inc. has a 1-year low of $146.76 and a 1-year high of $245.07. The company has a market cap of $42.25 billion, a PE ratio of -9.57, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. The business has a 50 day moving average of $233.25 and a 200-day moving average of $222.06. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.33. The business had revenue of $1,503,800 billion during the quarter, compared to the consensus estimate of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The business's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($1.52) earnings per share. 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 expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Take-Two Interactive Software Company Profile

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.