Corient IA LLC Invests $414,000 in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Corient IA LLC has acquired a new position in Take-Two Interactive Software, purchasing 2,000 shares valued at approximately $414,000 during the first quarter.
• Several institutional investors, including Vanguard Group Inc. and Invesco Ltd., have increased their holdings in Take-Two Interactive Software, indicating strong institutional interest with 95.46% of the stock owned by institutional investors.
• Analysts have set new price targets for the stock, with most firms rating it as a "buy" and increasing targets up to $275.00, reflecting positive outlooks for the company's financial performance.

Corient IA LLC bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,000 shares of the company's stock, valued at approximately $414,000.

Other large investors also recently bought and sold shares of the company. Park Square Financial Group LLC acquired a new stake in Take-Two Interactive Software in the fourth quarter valued at $28,000. North Capital Inc. acquired a new stake in shares of Take-Two Interactive Software during the first quarter valued at $35,000. Zions Bancorporation National Association UT acquired a new stake in shares of Take-Two Interactive Software during the first quarter valued at $37,000. Graybill Wealth Management LTD. acquired a new stake in shares of Take-Two Interactive Software during the first quarter valued at $37,000. Finally, Cullen Frost Bankers Inc. boosted its stake in shares of Take-Two Interactive Software by 46.0% during the first quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company's stock valued at $38,000 after acquiring an additional 57 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Insider Buying and Selling at Take-Two Interactive Software

In related news, President Karl Slatoff sold 216,661 shares of the business's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the completion of the transaction, the president owned 1,206,427 shares in the company, valued at $272,350,895.25. The trade was a 15.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ellen F. Siminoff sold 414 shares of the business's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $237.80, for a total value of $98,449.20. Following the transaction, the director owned 3,290 shares of the company's stock, valued at $782,362. This represents a 11.18% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 461,990 shares of company stock worth $104,292,000. 1.34% of the stock is owned by company insiders.

Take-Two Interactive Software Stock Up 0.1%

NASDAQ TTWO traded up $0.31 during mid-day trading on Wednesday, reaching $228.67. 1,326,612 shares of the company's stock traded hands, compared to its average volume of 1,948,427. Take-Two Interactive Software, Inc. has a 1-year low of $146.76 and a 1-year high of $245.07. The company has a fifty day simple moving average of $233.40 and a 200-day simple moving average of $221.46. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The company has a market cap of $42.18 billion, a price-to-earnings ratio of -9.55, a P/E/G ratio of 5.74 and a beta of 0.99.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings data 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 positive return on equity of 7.33% and a negative net margin of 72.92%.The firm had revenue of $1,503,800 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same quarter last year, the firm earned ($1.52) EPS. Take-Two Interactive Software's quarterly 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. As a group, equities research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Analysts Set New Price Targets

TTWO has been the topic of a number of analyst reports. UBS Group increased their price objective on Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 8th. BMO Capital Markets reaffirmed an "outperform" rating and set a $236.00 price objective (down previously from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. Bank of America raised their price target on Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Raymond James Financial raised their price target on Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Finally, JPMorgan Chase & Co. raised their price target on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Nineteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $245.60.

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.