Driehaus Capital Management LLC Takes Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Driehaus Capital Management LLC acquired 160,040 shares of Take-Two Interactive Software, valued at approximately $33.17 million, representing about 0.09% ownership in the company.
• Analysts have positive forecasts for the stock, with UBS Group raising the target price from $275 to $285 and several firms issuing "buy" or "outperform" ratings.
• Take-Two Interactive reported a quarterly earnings per share of $0.61, exceeding estimates, with revenues up 16.4% year-over-year, indicating strong financial performance.

Driehaus Capital Management LLC purchased 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 firm purchased 160,040 shares of the company's stock, valued at approximately $33,168,000. Driehaus Capital Management LLC owned 0.09% of Take-Two Interactive Software at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of TTWO. Park Square Financial Group LLC bought a new stake in shares of Take-Two Interactive Software during the fourth quarter worth about $28,000. North Capital Inc. purchased a new stake in Take-Two Interactive Software in the 1st quarter valued at $35,000. Zions Bancorporation National Association UT purchased a new position in Take-Two Interactive Software during the 1st quarter worth $37,000. Graybill Wealth Management LTD. bought a new stake in shares of Take-Two Interactive Software in the 1st quarter worth $37,000. Finally, Cullen Frost Bankers Inc. grew its stake in shares of Take-Two Interactive Software by 46.0% in the 1st quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company's stock worth $38,000 after acquiring an additional 57 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

NASDAQ TTWO traded down $1.63 during trading hours on Friday, hitting $233.27. The company had a trading volume of 988,982 shares, compared to its average volume of 1,808,438. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16. The firm has a market capitalization of $43.03 billion, a price-to-earnings ratio of -9.74, a PEG ratio of 5.87 and a beta of 1.00. Take-Two Interactive Software, Inc. has a 52 week low of $146.76 and a 52 week high of $245.07. The firm has a 50 day simple moving average of $232.68 and a 200 day simple moving average of $223.38.

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 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 for the quarter, compared to analysts' expectations of $1.31 billion. During the same period in the prior year, the business posted ($1.52) earnings per share. The company'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. Equities research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Insider Transactions at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 27,056 shares of the firm's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the sale, the insider owned 152,271 shares in the company, valued at approximately $34,294,474.62. This trade represents a 15.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $528,867.75. Following the completion of the transaction, the director owned 9,063 shares of the company's stock, valued at $2,061,560.61. This trade represents a 20.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 167,467 shares of company stock worth $38,284,706. Company insiders own 1.34% of the company's stock.

Wall Street Analyst Weigh In

TTWO has been the subject of several analyst reports. Wedbush increased their price objective on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Bank of America boosted their target price on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Citigroup raised their price target on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Robert W. Baird lifted their price target on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. Finally, Raymond James Financial increased their price objective on Take-Two Interactive Software from $250.00 to $260.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Eighteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, Take-Two Interactive Software presently has a consensus rating of "Moderate Buy" and an average price target of $248.32.

Take-Two Interactive Software Profile

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.