California State Teachers Retirement System Sells 36,783 Shares of Take-Two Interactive Software, Inc. $TTWO

California State Teachers Retirement System trimmed its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 12.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 263,258 shares of the company's stock after selling 36,783 shares during the period. California State Teachers Retirement System owned about 0.14% of Take-Two Interactive Software worth $65,809,235 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. MCF Advisors LLC purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $25,000. Mosley Wealth Management raised its position in shares of Take-Two Interactive Software by 266.7% in the second quarter. Mosley Wealth Management now owns 110 shares of the company's stock valued at $27,000 after purchasing an additional 80 shares during the period. Washington Trust Advisors Inc. lifted its stake in Take-Two Interactive Software by 116.4% during the second quarter. Washington Trust Advisors Inc. now owns 119 shares of the company's stock worth $30,000 after purchasing an additional 64 shares during the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Take-Two Interactive Software in the second quarter worth approximately $32,000. Finally, MV Capital Management Inc. acquired a new position in shares of Take-Two Interactive Software during the fourth quarter valued at about $34,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TTWO has been the subject of several analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Take-Two Interactive Software in a research report on Tuesday, August 11th. They set an "overweight" rating and a $310.00 price target for the company. UBS Group restated a "buy" rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Weiss Ratings restated a "sell (d-)" rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. Wedbush reiterated an "outperform" rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Finally, Robert W. Baird increased their target price on Take-Two Interactive Software from $265.00 to $270.00 and gave the company an "outperform" rating in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $296.95.

Take-Two Interactive Software Trading Down 3.8%

NASDAQ TTWO traded down $8.55 on Tuesday, reaching $214.36. The company had a trading volume of 994,535 shares, compared to its average volume of 2,303,850. The firm has a market cap of $40.08 billion, a price-to-earnings ratio of -124.07, a P/E/G ratio of 1.50 and a beta of 0.97. The business has a 50 day moving average of $235.57 and a two-hundred day moving average of $224.22. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $265.94. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate 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 negative net margin of 4.79% and a positive return on equity of 12.25%. The business's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter in the previous 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. Analysts forecast that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.

Insider Buying and Selling

In other news, insider Daniel Emerson sold 917 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $217.65, for a total transaction of $199,585.05. Following the completion of the sale, the insider owned 113,071 shares in the company, valued at approximately $24,609,903.15. This represents a 0.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Ellen Siminoff sold 334 shares of the business's stock in a transaction that occurred on Friday, August 14th. The stock was 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 approximately $403,738.44. This represents a 16.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 43,318 shares of company stock worth $10,874,057 over the last three months. 1.12% of the stock is owned by insiders.

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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