Caxton Associates LLP Invests $7.48 Million in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Caxton Associates LLP has acquired a new stake in Take-Two Interactive Software, purchasing 36,068 shares valued at approximately $7.47 million during the first quarter of the year.
• Take-Two reported earnings of $0.61 per share for the last quarter, significantly exceeding the consensus estimate of $0.28, with revenue reaching $1.50 billion, up 16.4% year-over-year.
• Several major investors, including Nuveen LLC and GAMMA Investing LLC, have significantly increased their positions in Take-Two, reflecting strong institutional interest in the company.

Caxton Associates LLP bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 36,068 shares of the company's stock, valued at approximately $7,475,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Park Square Financial Group LLC purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter worth about $28,000. 1 North Wealth Services LLC acquired a new stake in Take-Two Interactive Software during the first quarter worth approximately $29,000. North Capital Inc. purchased a new stake in Take-Two Interactive Software in the 1st quarter worth approximately $35,000. Graybill Wealth Management LTD. purchased a new stake in Take-Two Interactive Software in the 1st quarter worth approximately $37,000. Finally, Zions Bancorporation National Association UT acquired a new position in Take-Two Interactive Software in the 1st quarter valued at $37,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on TTWO shares. Morgan Stanley raised their price objective on Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, May 19th. Robert W. Baird raised their price target 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. Benchmark lifted their price target on Take-Two Interactive Software from $250.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 8th. Wells Fargo & Company began coverage on shares of 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, UBS Group raised their target price on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Eighteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and a consensus price target of $248.32.

Take-Two Interactive Software Trading Down 0.1%

Shares of NASDAQ TTWO traded down $0.28 during midday trading on Friday, hitting $246.26. The stock had a trading volume of 993,407 shares, compared to its average volume of 1,958,085. The company has a fifty day moving average price of $232.88 and a 200 day moving average price of $225.07. The company has a market capitalization of $45.43 billion, a price-to-earnings ratio of -10.29, a PEG ratio of 6.07 and a beta of 1.00. Take-Two Interactive Software, Inc. has a 1-year low of $146.76 and a 1-year high of $250.45. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.33. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The firm had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.31 billion. During the same period in the previous year, the company posted ($1.52) earnings per share. Take-Two Interactive Software's revenue was up 16.4% compared to the same quarter last year. 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, analysts predict that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Insider Activity

In other news, Director Laverne Evans Srinivasan sold 2,325 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $227.47, for a total value of $528,867.75. Following the completion of the sale, the director owned 9,063 shares of the company's stock, valued at $2,061,560.61. This represents a 20.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Karl Slatoff sold 48,995 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.68, for a total value of $11,155,181.60. The disclosure for this sale can be found here. Insiders sold 141,411 shares of company stock worth $32,430,724 in the last quarter. Insiders own 1.34% of the company's stock.

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.