Interval Partners LP Sells 261,068 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Interval Partners LP has significantly reduced its stake in Take-Two Interactive Software, Inc. by 92.3%, owning only 21,861 shares after selling 261,068 shares in the first quarter.
• The company reported earnings of $0.61 per share for the latest quarter, which exceeded analysts' expectations of $0.28, alongside a revenue of $1.50 billion.
• Wall Street analysts have a generally optimistic outlook for the stock, with an average price target of $248.32 and the majority rating it as a "Moderate Buy."

Interval Partners LP lowered its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 92.3% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 21,861 shares of the company's stock after selling 261,068 shares during the quarter. Interval Partners LP's holdings in Take-Two Interactive Software were worth $4,531,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TTWO. Park Square Financial Group LLC acquired a new position in Take-Two Interactive Software during the 4th quarter worth approximately $28,000. 1 North Wealth Services LLC acquired a new position in Take-Two Interactive Software during the 1st quarter worth approximately $29,000. North Capital Inc. acquired a new position in Take-Two Interactive Software during the 1st quarter worth approximately $35,000. Graybill Wealth Management LTD. acquired a new position in Take-Two Interactive Software during the 1st quarter worth approximately $37,000. Finally, Zions Bancorporation National Association UT acquired a new position in Take-Two Interactive Software during the 1st quarter worth approximately $37,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Up 3.8%

Shares of TTWO traded up $9.10 during midday trading on Monday, reaching $248.78. 2,211,836 shares of the stock were exchanged, compared to its average volume of 1,421,440. Take-Two Interactive Software, Inc. has a 12-month low of $146.76 and a 12-month high of $250.45. The firm has a 50 day simple moving average of $232.52 and a 200-day simple moving average of $224.54. 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 cap of $45.89 billion, a price-to-earnings ratio of -10.39, a P/E/G ratio of 6.03 and a beta of 1.00.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly 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 positive return on equity of 7.33% and a negative net margin of 72.92%.The company 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 earned ($1.52) EPS. The business'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. Research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Insiders Place Their Bets

In related news, insider Daniel P. Emerson sold 22,479 shares of the firm's 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 $5,113,298.13. Following the transaction, the insider directly owned 129,792 shares of the company's stock, valued at approximately $29,523,786.24. This trade represents a 14.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Strauss Zelnick sold 45,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total value of $10,404,000.00. Following the completion of the transaction, the chief executive officer directly owned 281,495 shares in the company, valued at $65,081,644. The trade was a 13.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 141,411 shares of company stock worth $32,430,724 in the last three months. 1.34% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Wall Street Zen lowered Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. Bank of America boosted their price target on Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. UBS Group upped their target price on 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. DA Davidson upped their target price on Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, May 16th. Finally, Citigroup upped their price target on Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. Eighteen 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, Take-Two Interactive Software has an average rating of "Moderate Buy" and a consensus target price of $248.32.

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.