Ethic Inc. Raises Stock Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Ethic Inc. increased its stake in Take-Two Interactive Software by 18.7%, owning 34,689 shares valued at approximately $8.4 million after purchasing 5,460 shares in the second quarter.
• Wall Street analysts have generally rated Take-Two shares as a Moderate Buy, with a consensus price target of $254.14, indicating potential growth despite some conflicting ratings.
• Recent insider sales have seen over 141,000 shares sold by company insiders, totaling around $32.5 million, signaling possible shifts in insider sentiment about the stock.

Ethic Inc. raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 18.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,689 shares of the company's stock after buying an additional 5,460 shares during the period. Ethic Inc.'s holdings in Take-Two Interactive Software were worth $8,375,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Gables Capital Management Inc. purchased a new position in shares of Take-Two Interactive Software during the 2nd quarter worth approximately $1,404,000. Cullen Frost Bankers Inc. increased its stake in shares of Take-Two Interactive Software by 48.1% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 268 shares of the company's stock worth $65,000 after purchasing an additional 87 shares in the last quarter. LGT Financial Advisors LLC purchased a new position in shares of Take-Two Interactive Software during the 2nd quarter worth approximately $34,000. VCI Wealth Management LLC increased its stake in shares of Take-Two Interactive Software by 11.5% during the 2nd quarter. VCI Wealth Management LLC now owns 4,805 shares of the company's stock worth $1,167,000 after purchasing an additional 495 shares in the last quarter. Finally, Securian Asset Management Inc. increased its stake in shares of Take-Two Interactive Software by 2.8% during the 2nd quarter. Securian Asset Management Inc. now owns 8,880 shares of the company's stock worth $2,157,000 after purchasing an additional 238 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on TTWO shares. Weiss Ratings reissued a "sell (d)" rating on shares of Take-Two Interactive Software in a research note on Wednesday, October 8th. DA Davidson raised their price objective on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a "buy" rating in a research note on Thursday, October 9th. UBS Group raised their price objective on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Wells Fargo & Company raised their price objective on shares of Take-Two Interactive Software from $270.00 to $277.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 7th. Finally, CICC Research assumed coverage on shares of Take-Two Interactive Software in a research note on Tuesday, September 30th. They set an "outperform" rating and a $272.00 price objective for the company. Nineteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $254.14.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,325 shares of Take-Two Interactive Software stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total value of $528,867.75. Following the transaction, the director owned 9,063 shares in the company, valued at $2,061,560.61. This trade represents a 20.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Daniel P. Emerson sold 22,479 shares of Take-Two Interactive Software stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the completion of the transaction, the insider owned 129,792 shares in the company, valued at approximately $29,523,786.24. This trade represents a 14.76% decrease in their position. The disclosure for this sale can be found here. Insiders sold 141,822 shares of company stock worth $32,540,844 in the last three months. 1.34% of the stock is currently owned by company insiders.

Take-Two Interactive Software Stock Down 1.8%

TTWO stock opened at $255.56 on Thursday. The stock has a market capitalization of $47.14 billion, a P/E ratio of -10.68, a PEG ratio of 5.52 and a beta of 1.01. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16. Take-Two Interactive Software, Inc. has a one year low of $158.65 and a one year high of $264.79. The company has a 50 day moving average price of $246.86 and a two-hundred day moving average price of $234.32.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.28 by $0.33. The firm had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. Take-Two Interactive Software's revenue for the quarter was up 16.4% on a year-over-year basis. During the same period in the previous year, the company earned ($1.52) EPS. 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, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

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.

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