Take-Two Interactive Software, Inc. $TTWO Shares Sold by FORA Capital LLC

Key Points

• FORA Capital LLC has significantly reduced its position in Take-Two Interactive Software by 70.8%, owning 4,704 shares after selling 11,401 shares in the 1st quarter, valuing its holdings at $975,000.
• Take-Two Interactive Software's stock opened at $232.03, with a market capitalization of $42.80 billion and reported a positive earnings per share of $0.61, significantly above analysts' expectations.
• Insider trading has seen notable transactions, with CEO Strauss Zelnick selling 216,661 shares and reducing his position by 15.22%, while over the last three months, insiders sold 535,789 shares worth over $121 million.

FORA Capital LLC decreased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 70.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 4,704 shares of the company's stock after selling 11,401 shares during the period. FORA Capital LLC's holdings in Take-Two Interactive Software were worth $975,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Moody Lynn & Lieberson LLC grew its holdings in Take-Two Interactive Software by 0.9% in the first quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company's stock valued at $1,050,000 after purchasing an additional 45 shares during the last quarter. Brooklyn Investment Group lifted its position in shares of Take-Two Interactive Software by 8.1% in the first quarter. Brooklyn Investment Group now owns 669 shares of the company's stock valued at $139,000 after acquiring an additional 50 shares in the last quarter. Adero Partners LLC lifted its position in shares of Take-Two Interactive Software by 2.9% in the first quarter. Adero Partners LLC now owns 1,784 shares of the company's stock valued at $370,000 after acquiring an additional 51 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in shares of Take-Two Interactive Software by 46.0% in 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 in the last quarter. Finally, State of Wyoming lifted its position in shares of Take-Two Interactive Software by 13.0% in the fourth quarter. State of Wyoming now owns 522 shares of the company's stock valued at $96,000 after acquiring an additional 60 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Wall Street Analysts Forecast Growth

TTWO has been the topic of several recent research reports. Wall Street Zen downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. UBS Group increased their target price on Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Wedbush increased their target price on Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. Benchmark increased their target price on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Finally, JPMorgan Chase & Co. increased their target price on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Eighteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and an average target price of $248.32.

Take-Two Interactive Software Stock Down 0.7%

NASDAQ TTWO traded down $1.63 during mid-day trading on Friday, reaching $233.27. 988,982 shares of the company's stock traded hands, compared to its average volume of 1,828,808. 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 $232.68 and a 200-day simple moving average of $223.29. 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 $43.03 billion, a price-to-earnings ratio of -9.74, a P/E/G ratio of 5.87 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 $1.50 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.

Insider Activity

In other Take-Two Interactive Software news, President Karl Slatoff sold 48,995 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $227.68, for a total transaction of $11,155,181.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Strauss Zelnick sold 20,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $230.69, for a total value of $4,613,800.00. The disclosure for this sale can be found here. Insiders have sold 167,467 shares of company stock worth $38,284,706 over the last quarter. Corporate insiders own 1.34% of the company's stock.

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.