Connor Clark & Lunn Investment Management Ltd. bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 19,303 shares of the company's stock, valued at approximately $4,825,000.
A number of other large investors have also made changes to their positions in TTWO. MCF Advisors LLC purchased a new position in Take-Two Interactive Software during the 4th quarter worth approximately $25,000. Mosley Wealth Management boosted 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 worth $27,000 after buying an additional 80 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of Take-Two Interactive Software during the second quarter valued at $32,000. MV Capital Management Inc. purchased a new position in shares of Take-Two Interactive Software during the fourth quarter valued at $34,000. Finally, Compass Financial Management LLC acquired a new position in Take-Two Interactive Software during the second quarter valued at $35,000. Institutional investors and hedge funds own 95.46% of the company's stock.
Take-Two Interactive Software Trading Down 0.2%
NASDAQ:TTWO opened at $233.00 on Friday. The company has a market capitalization of $43.57 billion, a P/E ratio of -134.68, a P/E/G ratio of 1.55 and a beta of 0.97. The stock's 50 day moving average price is $242.36 and its 200 day moving average price is $222.68. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the prior year, the firm earned ($0.07) earnings per share. The business's revenue was down 2.1% on a year-over-year basis. 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. On average, research analysts forecast that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year.
Insider Transactions at Take-Two Interactive Software
In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 362 shares of the business's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $245.01, for a total value of $88,693.62. Following the completion of the sale, the director owned 8,357 shares of the company's stock, valued at $2,047,548.57. The trade was a 4.15% 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, Director Jon J. Moses sold 500 shares of the company's stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $244.61, for a total value of $122,305.00. Following the sale, the director owned 21,868 shares of the company's stock, valued at approximately $5,349,131.48. This trade represents a 2.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 540,759 shares of company stock valued at $123,183,789 in the last three months. 1.12% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
TTWO has been the subject of several research analyst reports. Robert W. Baird increased their price objective on Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an "outperform" rating in a research note on Monday, August 10th. BTIG Research upped their target price on Take-Two Interactive Software from $293.00 to $313.00 and gave the company a "buy" rating in a report on Monday, August 10th. Piper Sandler reissued an "overweight" rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Benchmark restated a "buy" rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. Finally, Wells Fargo & Company boosted their price objective on shares of Take-Two Interactive Software from $289.00 to $300.00 and gave the company an "overweight" rating in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $296.95.
Check Out Our Latest Stock Analysis on Take-Two Interactive Software
Take-Two Interactive Software Profile
(
Free Report)
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.
Featured Articles
Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Take-Two Interactive Software, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Take-Two Interactive Software wasn't on the list.
While Take-Two Interactive Software currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
