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5,756 Shares in Take-Two Interactive Software, Inc. $TTWO Bought by Groupe la Francaise

Take-Two Interactive Software logo with Consumer Discretionary background

Key Points

  • Groupe la Francaise invested approximately $1.23 million in Take-Two Interactive Software, purchasing 5,756 shares during the first quarter.
  • Take-Two recently reported quarterly earnings with a substantial 16.4% year-over-year revenue increase, bringing in $1.5 billion and exceeding analyst expectations.
  • Analysts have raised their price targets for Take-Two's shares, with recommendations including a range from $230 to $285, indicating a positive outlook for the company.
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Groupe la Francaise bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,756 shares of the company's stock, valued at approximately $1,233,000.

Several other hedge funds have also modified their holdings of the stock. Kestra Advisory Services LLC boosted its position in shares of Take-Two Interactive Software by 1.0% in the first quarter. Kestra Advisory Services LLC now owns 5,994 shares of the company's stock worth $1,242,000 after acquiring an additional 61 shares during the last quarter. Circle Wealth Management LLC boosted its position in shares of Take-Two Interactive Software by 63.5% in the first quarter. Circle Wealth Management LLC now owns 16,338 shares of the company's stock worth $3,386,000 after acquiring an additional 6,343 shares during the last quarter. Compound Planning Inc. boosted its position in shares of Take-Two Interactive Software by 41.8% in the first quarter. Compound Planning Inc. now owns 2,893 shares of the company's stock worth $600,000 after acquiring an additional 853 shares during the last quarter. Norinchukin Bank The raised its holdings in Take-Two Interactive Software by 42.4% in the first quarter. Norinchukin Bank The now owns 18,328 shares of the company's stock valued at $3,798,000 after buying an additional 5,459 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its holdings in Take-Two Interactive Software by 425.2% in 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 buying an additional 1,158,783 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Up 0.5%

Shares of NASDAQ TTWO traded up $1.21 during trading on Wednesday, reaching $232.03. 1,030,035 shares of the stock were exchanged, compared to its average volume of 1,878,737. The business's 50-day moving average price is $232.85 and its 200 day moving average price is $222.87. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $245.07. 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 company has a market capitalization of $42.80 billion, a price-to-earnings ratio of -9.69, a price-to-earnings-growth ratio of 5.81 and a beta of 0.99.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.61 EPS for the quarter, topping analysts' consensus estimates 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 business had revenue of $1,503,800 billion for the quarter, compared to analysts' expectations of $1.31 billion. During the same period in the previous year, the company posted ($1.52) earnings per share. The business's revenue for the quarter was up 16.4% compared to the same quarter last year. 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 analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TTWO has been the subject of several recent research reports. Benchmark increased their price objective on shares of 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. DA Davidson raised their target price on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Raymond James Financial raised their target price on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Bank of America raised their target price on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Finally, Robert W. Baird raised their target price on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Nineteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $245.60.

Get Our Latest Stock Report on TTWO

Insider Buying and Selling at Take-Two Interactive Software

In other news, President Karl Slatoff sold 216,661 shares of the business's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the transaction, the president directly owned 1,206,427 shares of the company's stock, valued at approximately $272,350,895.25. The trade was a 15.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Daniel P. Emerson sold 27,056 shares of Take-Two Interactive Software stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the completion of the sale, the insider owned 152,271 shares of the company's stock, valued at approximately $34,294,474.62. This trade represents a 15.09% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 535,789 shares of company stock valued at $121,089,348. 1.34% of the stock is owned by company insiders.

Take-Two Interactive Software Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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