Fox Run Management L.L.C. Takes Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Fox Run Management L.L.C. has acquired a new position in Take-Two Interactive Software, Inc., purchasing 3,372 shares valued at approximately $699,000 in the first quarter.
• Several analysts have raised price targets for Take-Two Interactive, with UBS Group setting a target at $285.00 and BMO Capital Markets adjusting its target down to $236.00.
• Take-Two reported earnings of $0.61 per share for the last quarter, exceeding analysts' expectations and demonstrating a 16.4% year-over-year increase in revenue.

Fox Run Management L.L.C. bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,372 shares of the company's stock, valued at approximately $699,000.

A number of other large investors have also added to or reduced their stakes in the company. Kovitz Investment Group Partners LLC raised its holdings in Take-Two Interactive Software by 6.4% in the first quarter. Kovitz Investment Group Partners LLC now owns 2,673 shares of the company's stock worth $554,000 after purchasing an additional 160 shares in the last quarter. Oak Ridge Investments LLC raised its holdings in Take-Two Interactive Software by 23.0% in the first quarter. Oak Ridge Investments LLC now owns 3,973 shares of the company's stock worth $823,000 after purchasing an additional 744 shares in the last quarter. Sit Investment Associates Inc. raised its holdings in Take-Two Interactive Software by 135.3% in the first quarter. Sit Investment Associates Inc. now owns 23,747 shares of the company's stock worth $4,922,000 after purchasing an additional 13,655 shares in the last quarter. E Fund Management Co. Ltd. raised its holdings in Take-Two Interactive Software by 99.4% in the first quarter. E Fund Management Co. Ltd. now owns 4,914 shares of the company's stock worth $1,018,000 after purchasing an additional 2,449 shares in the last quarter. Finally, S Bank Fund Management Ltd bought a new position in Take-Two Interactive Software in the first quarter worth about $112,000. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO traded down $4.19 during midday trading on Tuesday, hitting $228.36. The company's stock had a trading volume of 1,366,200 shares, compared to its average volume of 1,968,968. Take-Two Interactive Software, Inc. has a fifty-two week low of $146.76 and a fifty-two week high of $245.07. The firm's 50 day moving average is $233.53 and its 200-day moving average is $221.41. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market cap of $42.13 billion, a P/E ratio of -9.54, a P/E/G ratio of 5.85 and a beta of 0.99.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.33. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The company had revenue of $1,503,800 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the company 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. Equities analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Take-Two Interactive Software news, Director Jon J. Moses sold 1,000 shares of the company's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $231.33, for a total value of $231,330.00. Following the sale, the director owned 22,901 shares in the company, valued at approximately $5,297,688.33. This represents a 4.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, President Karl Slatoff sold 216,661 shares of the company's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $225.75, for a total value of $48,911,220.75. Following the completion of the sale, the president owned 1,206,427 shares in the company, valued at approximately $272,350,895.25. This represents a 15.22% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 461,990 shares of company stock worth $104,292,000. Corporate insiders own 1.34% of the company's stock.

Wall Street Analysts Forecast Growth

TTWO has been the topic of several recent analyst reports. Citigroup upped their price objective on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Morgan Stanley upped their price objective on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, May 19th. Wells Fargo & Company initiated coverage on shares of Take-Two Interactive Software in a report on Monday, July 28th. They set an "overweight" rating and a $265.00 price objective on the stock. Zacks Research upgraded shares of Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 13th. Finally, UBS Group upped their price objective on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 8th. Nineteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and an average price target of $245.60.

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.