California State Teachers Retirement System Has $16.45 Billion Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

California State Teachers Retirement System raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 21,833.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 65,809,235 shares of the company's stock after acquiring an additional 65,509,194 shares during the period. California State Teachers Retirement System owned approximately 35.20% of Take-Two Interactive Software worth $16,450,993,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in TTWO. MCF Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $25,000. Mosley Wealth Management increased its holdings in 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 last quarter. Washington Trust Advisors Inc. lifted its stake in Take-Two Interactive Software by 116.4% in the second quarter. Washington Trust Advisors Inc. now owns 119 shares of the company's stock valued at $30,000 after buying an additional 64 shares during the period. Meeder Asset Management Inc. bought a new position in Take-Two Interactive Software during the second quarter worth about $32,000. Finally, Essential Partners LLC boosted its holdings in Take-Two Interactive Software by 333.3% during the first quarter. Essential Partners LLC now owns 169 shares of the company's stock worth $33,000 after buying an additional 130 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $214.69 on Tuesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. The stock's 50-day moving average is $239.35 and its 200-day moving average is $223.66. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $265.94. The firm has a market cap of $40.14 billion, a P/E ratio of -124.10, a P/E/G ratio of 1.43 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the firm posted ($0.07) EPS. The business's quarterly revenue 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. Sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Take-Two Interactive Software news, Director LaVerne Srinivasan sold 362 shares of the business's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $245.01, for a total value of $88,693.62. Following the sale, the director owned 8,357 shares in the company, valued at approximately $2,047,548.57. The trade was a 4.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Strauss Zelnick sold 40,000 shares of the company's stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $252.64, for a total value of $10,105,600.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 52,658 shares of company stock worth $12,948,552 in the last 90 days. Company insiders own 1.12% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TTWO. BMO Capital Markets reaffirmed an "outperform" rating on shares of Take-Two Interactive Software in a research note on Tuesday, July 28th. Weiss Ratings reissued a "sell (d-)" rating on shares of Take-Two Interactive Software in a research note on Friday, July 10th. DA Davidson restated a "buy" rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, August 10th. JPMorgan Chase & Co. began coverage on shares of Take-Two Interactive Software in a research note on Tuesday, August 11th. They issued an "overweight" rating and a $310.00 target price for the company. Finally, Robert W. Baird increased their target price on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an "outperform" rating in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $296.95.

About Take-Two Interactive Software

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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