EP Wealth Advisors LLC bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,198 shares of the company's stock, valued at approximately $1,049,000.
Other institutional investors also recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC grew its holdings in Take-Two Interactive Software by 597.1% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 5,744 shares of the company's stock worth $1,134,000 after acquiring an additional 4,920 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in Take-Two Interactive Software by 45.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 44,875 shares of the company's stock valued at $11,489,000 after acquiring an additional 14,050 shares during the period. Fiera Capital Corp lifted its stake in Take-Two Interactive Software by 33.9% in the fourth quarter. Fiera Capital Corp now owns 64,403 shares of the company's stock valued at $16,489,000 after buying an additional 16,314 shares in the last quarter. Ontario Teachers Pension Plan Board bought a new stake in Take-Two Interactive Software in the 2nd quarter valued at $37,090,000. Finally, Swedbank AB lifted its holdings in shares of Take-Two Interactive Software by 7.6% in the fourth quarter. Swedbank AB now owns 134,638 shares of the company's stock valued at $34,471,000 after purchasing an additional 9,556 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Take-Two Interactive Software
In related news, CEO Strauss Zelnick sold 40,000 shares of Take-Two Interactive Software stock in a transaction on Monday, August 10th. The shares were sold at an average price of $252.64, for a total value of $10,105,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jon J. Moses sold 500 shares of the firm's stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $244.61, for a total transaction of $122,305.00. Following the completion of the transaction, the director directly owned 21,868 shares in the company, valued at $5,349,131.48. This trade represents a 2.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 610,759 shares of company stock valued at $138,737,789. 1.12% of the stock is owned by corporate insiders.
Take-Two Interactive Software Stock Performance
NASDAQ TTWO opened at $239.62 on Monday. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $265.94. The firm's fifty day moving average price is $241.97 and its two-hundred day moving average price is $221.75. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market cap of $44.80 billion, a PE ratio of -138.51, a PEG ratio of 1.59 and a beta of 0.97.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share 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 firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the firm posted ($0.07) earnings per share. The business'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. On average, equities analysts expect that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year.
Analyst Ratings Changes
TTWO has been the subject of several recent research reports. Oppenheimer increased their price target on Take-Two Interactive Software from $265.00 to $280.00 and gave the company an "outperform" rating in a research report on Monday, August 10th. Bank of America upped their price target on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the company a "buy" rating in a research note on Tuesday, June 23rd. Wedbush reissued an "outperform" rating and set a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday, August 10th. Wells Fargo & Company increased their price target on Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an "overweight" rating in a research report on Monday, August 10th. Finally, Roth Capital raised their target price on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the company a "buy" rating in a report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of "Buy" and an average target price of $296.95.
Read Our Latest Research Report on TTWO
Take-Two Interactive Software Profile
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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.
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