IFM Investors Pty Ltd Boosts Stake in Take-Two Interactive Software, Inc. $TTWO

Key Points

• IFM Investors Pty Ltd increased its stake in Take-Two Interactive Software by 7.6%, owning a total of 32,932 shares worth approximately $7.998 million as of the end of the last reporting period.
• Several hedge funds made significant investments in Take-Two Interactive, with Price T Rowe Associates growing its holdings by 425.2% during the first quarter.
• Analysts have raised their price targets for Take-Two, with the consensus rating at "Moderate Buy" and an average price target of $248.32 after multiple analysts upgraded their ratings in August.

IFM Investors Pty Ltd lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 7.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,932 shares of the company's stock after purchasing an additional 2,332 shares during the period. IFM Investors Pty Ltd's holdings in Take-Two Interactive Software were worth $7,998,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of TTWO. 1 North Wealth Services LLC acquired a new stake in shares of Take-Two Interactive Software in the first quarter valued at about $29,000. Park Square Financial Group LLC acquired a new stake in Take-Two Interactive Software during the 4th quarter valued at approximately $28,000. Game Plan Financial Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the 1st quarter worth approximately $31,000. North Capital Inc. acquired a new position in shares of Take-Two Interactive Software in the 1st quarter worth approximately $35,000. Finally, Zions Bancorporation National Association UT bought a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at $37,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 2,325 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total value of $528,867.75. Following the sale, the director directly owned 9,063 shares in the company, valued at approximately $2,061,560.61. This trade represents a 20.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jon J. Moses sold 1,000 shares of the firm's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $239.57, for a total value of $239,570.00. Following the completion of the sale, the director directly owned 21,901 shares of the company's stock, valued at $5,246,822.57. The trade was a 4.37% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 141,825 shares of company stock valued at $32,532,671. Insiders own 1.34% of the company's stock.

Take-Two Interactive Software Stock Performance

TTWO traded up $0.79 during trading on Monday, hitting $251.64. 1,608,852 shares of the company traded hands, compared to its average volume of 1,962,310. The firm has a market cap of $46.42 billion, a P/E ratio of -10.51, a price-to-earnings-growth ratio of 5.32 and a beta of 1.00. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. Take-Two Interactive Software, Inc. has a one year low of $146.76 and a one year high of $255.33. The stock's fifty day moving average is $234.02 and its 200 day moving average is $226.93.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period last year, the business posted ($1.52) earnings per share. The business's revenue for the quarter 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 analysts predict that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. UBS Group lifted their target price on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. JPMorgan Chase & Co. lifted their price objective 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. Wells Fargo & Company began coverage on Take-Two Interactive Software in a research note on Monday, July 28th. They issued an "overweight" rating and a $265.00 price objective on the stock. Citigroup raised their target price on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Finally, Benchmark boosted their target price on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Eighteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and an average target price of $248.32.

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.