Castle Rock Wealth Management LLC Makes New $1.04 Million Investment in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Castle Rock Wealth Management LLC made a new investment of approximately $1.04 million in Take-Two Interactive Software, acquiring 4,496 shares during the second quarter.
• Take-Two Interactive Software has received a consensus rating of "Moderate Buy" from 19 analysts with an average target price of $250.10.
• Insider selling activity has been noted, with CEO Strauss Zelnick selling 45,000 shares for over $10 million, reducing his ownership by approximately 13.78%.

Castle Rock Wealth Management LLC purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 4,496 shares of the company's stock, valued at approximately $1,044,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of TTWO. Vanguard Group Inc. boosted its stake in shares of Take-Two Interactive Software by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company's stock valued at $4,117,123,000 after purchasing an additional 506,026 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Take-Two Interactive Software by 1.7% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,358,309 shares of the company's stock valued at $1,110,510,000 after purchasing an additional 89,093 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Take-Two Interactive Software by 11.0% during the 1st quarter. Invesco Ltd. now owns 2,975,192 shares of the company's stock valued at $616,609,000 after purchasing an additional 294,378 shares during the last quarter. First Manhattan CO. LLC. grew its holdings in shares of Take-Two Interactive Software by 6.5% during the 1st quarter. First Manhattan CO. LLC. now owns 2,397,679 shares of the company's stock valued at $496,919,000 after purchasing an additional 147,077 shares during the last quarter. Finally, Ninety One UK Ltd grew its holdings in shares of Take-Two Interactive Software by 22.8% during the 2nd quarter. Ninety One UK Ltd now owns 1,801,582 shares of the company's stock valued at $437,514,000 after purchasing an additional 334,946 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Wall Street Analyst Weigh In

TTWO has been the topic of several recent research reports. CICC Research began coverage on shares of Take-Two Interactive Software in a report on Tuesday, September 30th. They set an "outperform" rating and a $272.00 target price on the stock. Zacks Research raised shares of Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. Bank of America increased their price target on shares of 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. UBS Group upped their price objective on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Finally, Raymond James Financial upped their price objective on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Nineteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $250.10.

Take-Two Interactive Software Trading Up 1.4%

NASDAQ:TTWO opened at $260.50 on Wednesday. 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 capitalization of $48.05 billion, a price-to-earnings ratio of -10.88, a price-to-earnings-growth ratio of 5.45 and a beta of 1.01. Take-Two Interactive Software, Inc. has a one year low of $151.32 and a one year high of $261.47. The business has a fifty day moving average price of $239.66 and a 200-day moving average price of $230.83.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.28 by $0.33. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the prior year, the business posted ($1.52) EPS. Take-Two Interactive Software's revenue was up 16.4% on a year-over-year basis. 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. Sell-side analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Insider Buying and Selling at Take-Two Interactive Software

In other news, CEO Strauss Zelnick sold 45,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total transaction of $10,404,000.00. Following the sale, the chief executive officer owned 281,495 shares in the company, valued at $65,081,644. This trade represents a 13.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Karl Slatoff sold 48,995 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $227.68, for a total transaction of $11,155,181.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 141,825 shares of company stock valued at $32,532,671. 1.34% of the stock is currently owned by company insiders.

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.

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