Ieq Capital LLC Has $1.20 Million Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Ieq Capital LLC increased its stake in Take-Two Interactive Software by 332.6%, purchasing an additional 4,457 shares, bringing its total holdings to 5,797 shares worth $1.2 million.
• Insiders, including CEO Strauss Zelnick, sold a total of 140,411 shares of Take-Two stock, valued at over $32 million, in the last three months.
• Take-Two Interactive reported a quarterly revenue of $1.50 billion, exceeding analyst estimates, with a reported EPS of $0.61, beating the consensus estimate by $0.33.

Ieq Capital LLC boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 332.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,797 shares of the company's stock after buying an additional 4,457 shares during the period. Ieq Capital LLC's holdings in Take-Two Interactive Software were worth $1,201,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Park Square Financial Group LLC acquired a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $28,000. North Capital Inc. acquired a new stake in Take-Two Interactive Software in the first quarter valued at approximately $35,000. Zions Bancorporation National Association UT acquired a new stake in Take-Two Interactive Software in the first quarter valued at approximately $37,000. Graybill Wealth Management LTD. acquired a new stake in Take-Two Interactive Software in the first quarter valued at approximately $37,000. Finally, Cullen Frost Bankers Inc. boosted its position in 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 buying an additional 57 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Trading Down 0.5%

NASDAQ TTWO traded down $1.14 during mid-day trading on Friday, reaching $239.52. 637,767 shares of the stock were exchanged, compared to its average volume of 1,978,720. Take-Two Interactive Software, Inc. has a one year low of $146.76 and a one year high of $245.07. The stock has a 50 day simple moving average of $232.44 and a 200-day simple moving average of $224.00. The stock has a market cap of $44.18 billion, a P/E ratio of -10.01, a P/E/G ratio of 6.01 and a beta of 1.00. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share 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 $1.50 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter last year, the firm earned ($1.52) earnings per share. 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. On average, analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Insider Activity at Take-Two Interactive Software

In related news, President Karl Slatoff sold 48,995 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.68, for a total transaction of $11,155,181.60. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Strauss Zelnick sold 45,000 shares of the business's stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total transaction of $10,404,000.00. Following the transaction, the chief executive officer owned 281,495 shares in the company, valued at $65,081,644. The trade was a 13.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 140,411 shares of company stock worth $32,191,154 over the last ninety days. 1.34% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. UBS Group raised their target price on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Morgan Stanley raised their target price on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a research report on Monday, May 19th. Wall Street Zen downgraded shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. JPMorgan Chase & Co. lifted their target price on shares of 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. Finally, Benchmark lifted their target price 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. Eighteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and a consensus price target of $248.32.

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.