1,581 Shares in Take-Two Interactive Software, Inc. $TTWO Purchased by CacheTech Inc.

Key Points

• CacheTech Inc. has acquired a new stake in Take-Two Interactive Software, Inc., purchasing 1,581 shares valued at approximately $325,000, indicating growing institutional interest in the video game company.
• Several analysts have increased their price targets for Take-Two Interactive, with UBS Group and Bank of America raising their targets to $285.00, reflecting a strong bullish sentiment towards the stock.
• Take-Two recently reported a quarterly earnings per share (EPS) of $0.61, significantly beating analysts' expectations, and its revenue increased 16.4% year-over-year to approximately $1.5 billion.

CacheTech Inc. purchased a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,581 shares of the company's stock, valued at approximately $325,000.

Several other institutional investors and hedge funds have also made changes to their positions in TTWO. Nuveen LLC acquired a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at approximately $288,410,000. GAMMA Investing LLC raised its position 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 valued at $143,676,000 after acquiring an additional 690,745 shares in the last quarter. Alyeska Investment Group L.P. raised its position 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 valued at $247,983,000 after acquiring an additional 574,326 shares in the last quarter. Vanguard Group Inc. raised its position 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 valued at $4,117,123,000 after acquiring an additional 506,026 shares in the last quarter. Finally, Capital International Investors grew its stake in Take-Two Interactive Software by 9.5% during the 4th quarter. Capital International Investors now owns 4,883,746 shares of the company's stock worth $899,036,000 after buying an additional 424,893 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TTWO. Bank of America upped their price objective on Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. JPMorgan Chase & Co. upped their price objective on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Zacks Research upgraded Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 13th. Wells Fargo & Company began coverage on Take-Two Interactive Software in a research note on Monday, July 28th. They set an "overweight" rating and a $265.00 price objective for the company. Finally, Robert W. Baird upped their price objective on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Nineteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $245.60.

Insiders Place Their Bets

In other news, Director Jon J. Moses sold 1,000 shares of the company's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $231.33, for a total transaction of $231,330.00. Following the completion of the sale, the director directly owned 22,901 shares of the company's stock, valued at $5,297,688.33. This represents a 4.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Karl Slatoff sold 216,661 shares of the stock in a transaction 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 completion of the transaction, the president owned 1,206,427 shares of the company's stock, valued at $272,350,895.25. This trade represents a 15.22% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 461,990 shares of company stock valued at $104,292,000. 1.34% of the stock is currently owned by insiders.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock traded down $4.19 during trading on Tuesday, hitting $228.36. The stock had a trading volume of 1,366,200 shares, compared to its average volume of 1,968,968. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market cap of $42.13 billion, a P/E ratio of -9.54, a PEG ratio of 5.85 and a beta of 0.99. The business has a fifty day moving average of $233.53 and a two-hundred day moving average of $221.41. Take-Two Interactive Software, Inc. has a fifty-two week low of $146.76 and a fifty-two week high of $245.07.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.33. The business had revenue of $1,503,800 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%.The company's revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($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. On average, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

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.