Janney Montgomery Scott LLC Acquires 36,527 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Janney Montgomery Scott LLC significantly increased its holdings in Take-Two Interactive Software by 428.4% during the second quarter, now owning a total of 45,054 shares valued at approximately $10.94 million.
• Multiple institutional investors have raised their positions in the company, with Vanguard Group Inc. increasing its stake by 2.6% and owning nearly 20 million shares valued at over $4.1 billion.
• Take-Two Interactive Software reported a 16.4% year-over-year revenue increase in its latest earnings, achieving $1.5 billion, and exceeding analysts' revenue expectations.

Janney Montgomery Scott LLC increased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 428.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,054 shares of the company's stock after purchasing an additional 36,527 shares during the quarter. Janney Montgomery Scott LLC's holdings in Take-Two Interactive Software were worth $10,942,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Take-Two Interactive Software by 2.6% in 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 during the period. Massachusetts Financial Services Co. MA lifted its holdings in Take-Two Interactive Software by 1.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 5,358,309 shares of the company's stock valued at $1,110,510,000 after acquiring an additional 89,093 shares during the period. Invesco Ltd. lifted its holdings in Take-Two Interactive Software by 11.0% in the first quarter. Invesco Ltd. now owns 2,975,192 shares of the company's stock valued at $616,609,000 after acquiring an additional 294,378 shares during the period. First Manhattan CO. LLC. lifted its holdings in Take-Two Interactive Software by 6.5% in the first quarter. First Manhattan CO. LLC. now owns 2,397,679 shares of the company's stock valued at $496,919,000 after acquiring an additional 147,077 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted 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 acquiring an additional 1,158,783 shares during the period. Institutional investors own 95.46% of the company's stock.

Insider Activity

In related news, Director Ellen F. Siminoff sold 414 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $246.25, for a total transaction of $101,947.50. Following the completion of the sale, the director directly owned 3,003 shares of the company's stock, valued at approximately $739,488.75. This trade represents a 12.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jon J. Moses sold 1,000 shares of the firm's stock in a transaction that occurred 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 sale, the director directly owned 21,901 shares of the company's stock, valued at $5,246,822.57. This represents a 4.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 141,825 shares of company stock worth $32,532,671 in the last three months. Corporate insiders own 1.34% of the company's stock.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $257.68 on Friday. The firm has a market capitalization of $47.53 billion, a price-to-earnings ratio of -10.76, a PEG ratio of 5.47 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 1 year low of $147.78 and a 1 year high of $261.47. The business has a 50 day simple moving average of $238.32 and a 200-day simple moving average of $230.17. 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 posted its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.33. The business 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%.The company's revenue for the quarter was up 16.4% on a year-over-year basis. During the same period last year, the company earned ($1.52) EPS. 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. Equities analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Wall Street Analysts Forecast Growth

TTWO has been the topic of a number of recent research reports. Wedbush increased their target price on Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Bank of America increased their target price on Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 8th. Citigroup increased their target price on Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. CICC Research initiated coverage on Take-Two Interactive Software in a research report on Tuesday, September 30th. They issued an "outperform" rating and a $272.00 price target for the company. Finally, UBS Group upped their price target on Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Nineteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $249.50.

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.

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