Gables Capital Management Inc. Purchases New Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Gables Capital Management Inc. has acquired a new position in Take-Two Interactive Software, Inc. by purchasing 5,780 shares valued at approximately $1.4 million.
• Take-Two reported earnings of $0.61 per share for the last quarter, exceeding analysts' expectations and achieving a revenue of $1.5 billion, a year-over-year increase of 16.4%.
• The stock currently holds an average rating of "Moderate Buy" from analysts, with a consensus price target of $252.85.

Gables Capital Management Inc. purchased a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 5,780 shares of the company's stock, valued at approximately $1,404,000.

Several other large investors have also recently added to or reduced their stakes in TTWO. Nuveen LLC acquired a new stake in Take-Two Interactive Software in the 1st quarter valued at $288,410,000. Price T Rowe Associates Inc. MD grew its stake in shares of Take-Two Interactive Software by 425.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock valued at $296,640,000 after acquiring an additional 1,158,783 shares in the last quarter. Contour Asset Management LLC acquired a new stake in shares of Take-Two Interactive Software during the first quarter valued at about $180,701,000. Assenagon Asset Management S.A. grew its stake in shares of Take-Two Interactive Software by 107.8% during the second quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company's stock valued at $243,222,000 after acquiring an additional 519,518 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Take-Two Interactive Software by 2.6% during the first quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company's stock valued at $4,117,123,000 after acquiring an additional 506,026 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Down 0.8%

Shares of Take-Two Interactive Software stock opened at $260.28 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The firm has a market cap of $48.01 billion, a P/E ratio of -10.87, a P/E/G ratio of 5.57 and a beta of 1.01. Take-Two Interactive Software, Inc. has a fifty-two week low of $156.52 and a fifty-two week high of $264.79. The business has a 50-day moving average price of $246.47 and a 200 day moving average price of $234.17.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.Take-Two Interactive Software's quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the company earned ($1.52) earnings per share. 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. On average, sell-side analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Jon J. Moses sold 1,000 shares of the firm's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $239.57, for a total value of $239,570.00. Following the transaction, the director owned 21,901 shares of the company's stock, valued at $5,246,822.57. This trade represents a 4.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the firm's stock in a transaction dated 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 directly owned 9,063 shares in the company, valued at $2,061,560.61. This represents a 20.42% decrease in their position. The disclosure for this sale can be found here. Insiders sold 141,822 shares of company stock valued at $32,540,844 over the last 90 days. Corporate insiders own 1.34% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on TTWO shares. Zacks Research upgraded Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 13th. JPMorgan Chase & Co. raised their target price on Take-Two Interactive Software from $250.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Weiss Ratings restated a "sell (d)" rating on shares of Take-Two Interactive Software in a research note on Wednesday, October 8th. CICC Research started coverage on Take-Two Interactive Software in a research note on Tuesday, September 30th. They set an "outperform" rating and a $272.00 target price for the company. Finally, Citigroup raised their target price on Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Nineteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and a consensus price target of $252.85.

Take-Two Interactive Software Company 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.

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