Corient Private Wealth LP Makes New Investment in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Corient Private Wealth initiated a position in Take-Two Interactive, buying 26,552 shares valued at approximately $6.64 million. Institutional investors collectively own 95.46% of TTWO.
• Investor sentiment is being driven by anticipation for GTA 6, including new gameplay footage and a confirmed November release; analysts largely remain bullish, with a consensus “Moderate Buy” rating and an average price target of $296.95.
• Take-Two’s latest quarter showed mixed results: revenue of $1.53 billion exceeded estimates, but adjusted EPS missed expectations, while revenue declined 2.1% year over year. Insiders have also sold about $28.1 million in stock over the past 90 days.

Corient Private Wealth LP bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 26,552 shares of the company's stock, valued at approximately $6,637,000.

Other hedge funds also recently made changes to their positions in the company. MCF Advisors LLC acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at approximately $25,000. Mosley Wealth Management grew its position in Take-Two Interactive Software by 266.7% during the second quarter. Mosley Wealth Management now owns 110 shares of the company's stock worth $27,000 after buying an additional 80 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Take-Two Interactive Software during the second quarter worth approximately $32,000. Essential Partners LLC increased its stake in Take-Two Interactive Software by 333.3% during the 1st quarter. Essential Partners LLC now owns 169 shares of the company's stock worth $33,000 after acquiring an additional 130 shares during the period. Finally, MV Capital Management Inc. bought a new position in Take-Two Interactive Software during the 4th quarter worth $34,000. 95.46% of the stock is owned by institutional investors.

Key Stories Impacting Take-Two Interactive Software

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: Take-Two released an extended preview of GTA 6, giving gamers and investors a closer look at the highly anticipated title and increasing confidence in its commercial potential. Take-Two entices gamers with Grand Theft Auto 6 video preview
• Positive Sentiment: Wall Street is responding favorably to the new footage and confirmed November release, with the anticipated launch helping lift Take-Two shares and reinforcing the importance of GTA 6 to the company’s growth outlook. Wall Street Buys the GTA 6 Hype. Take-Two Stock Gets a Lift.
• Positive Sentiment: Take-Two shares moved higher in premarket trading after the first gameplay showcase, which was released through Netflix and described by a gaming-industry executive as a significant moment for the industry. Take-Two shares move higher pre-market as gamers get first look at GTA 6
• Positive Sentiment: Investors purchased 22,488 TTWO call options, approximately 58% above typical activity, signaling increased speculative bullish interest ahead of the GTA 6 showcase and launch.
• Neutral Sentiment: Earlier leaks had created pressure ahead of the official showcase, but the formal release of footage appears to have shifted attention back toward the game’s potential rather than the leak-related uncertainty. These two stocks rally after GTA 6 trailer release
• Neutral Sentiment: Reports that an alleged GTA 6 leaker is cashing out cryptocurrency concern a related memecoin more directly than Take-Two’s operating business and appear unlikely to materially affect TTWO fundamentals. GTA 6 leaker Cyberleek reportedly begins cashing out crypto
• Negative Sentiment: Zacks Research downgraded Take-Two from “strong-buy” to “hold,” providing a counterweight to the positive GTA 6 momentum and potentially limiting further gains. Zacks Research

Insider Activity at Take-Two Interactive Software

In other news, Director Jon J. Moses sold 500 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $244.61, for a total value of $122,305.00. Following the completion of the transaction, the director directly owned 21,868 shares in the company, valued at approximately $5,349,131.48. This represents a 2.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Dornemann sold 1,151 shares of the firm's stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total value of $249,790.02. Following the sale, the director directly owned 20,374 shares in the company, valued at approximately $4,421,565.48. This trade represents a 5.35% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 122,448 shares of company stock valued at $28,084,217. 1.12% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on TTWO shares. Roth Capital upped their target price on Take-Two Interactive Software from $295.00 to $300.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Benchmark restated a "buy" rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. BTIG Research boosted their price target on Take-Two Interactive Software from $293.00 to $313.00 and gave the company a "buy" rating in a research note on Monday, August 10th. UBS Group reaffirmed a "buy" rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Finally, BMO Capital Markets reaffirmed an "outperform" rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and an average price target of $296.95.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $235.39 on Monday. The firm's 50 day moving average is $242.28 and its 200 day moving average is $222.89. The firm has a market capitalization of $44.01 billion, a PE ratio of -136.06, a price-to-earnings-growth ratio of 1.56 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $265.94. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings data 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 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 company earned ($0.07) EPS. Take-Two Interactive Software's revenue for the quarter 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. Equities research analysts forecast that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

Take-Two Interactive Software Company Profile

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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