KLP Kapitalforvaltning AS Has $15.83 Million Stake in Take-Two Interactive Software, Inc. $TTWO

KLP Kapitalforvaltning AS boosted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 11.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,200 shares of the company's stock after purchasing an additional 6,600 shares during the quarter. KLP Kapitalforvaltning AS's holdings in Take-Two Interactive Software were worth $15,834,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TTWO. Moody Lynn & Lieberson LLC boosted its stake in Take-Two Interactive Software by 0.9% in the first quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company's stock valued at $1,050,000 after acquiring an additional 45 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in Take-Two Interactive Software by 5.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 854 shares of the company's stock worth $207,000 after acquiring an additional 47 shares during the period. Brooklyn Investment Group increased its holdings in Take-Two Interactive Software by 8.1% during the 1st quarter. Brooklyn Investment Group now owns 669 shares of the company's stock worth $139,000 after acquiring an additional 50 shares during the period. Adero Partners LLC increased its holdings in Take-Two Interactive Software by 2.9% during the 1st quarter. Adero Partners LLC now owns 1,784 shares of the company's stock worth $370,000 after acquiring an additional 51 shares during the period. Finally, Cullen Frost Bankers Inc. increased its holdings in Take-Two Interactive Software by 46.0% during the 1st quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company's stock worth $38,000 after acquiring an additional 57 shares during the period. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $258.07 on Thursday. The company has a 50 day moving average price of $240.35 and a 200-day moving average price of $231.02. 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 firm has a market capitalization of $47.61 billion, a PE ratio of -10.78, a P/E/G ratio of 5.53 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 52 week low of $152.27 and a 52 week high of $262.19.

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 (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the previous year, the business posted ($1.52) earnings per share. The firm's quarterly revenue 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 research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Insider Transactions at Take-Two Interactive Software

In related news, insider Daniel P. Emerson sold 22,479 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total value of $5,113,298.13. Following the sale, the insider owned 129,792 shares in the company, valued at approximately $29,523,786.24. The trade was a 14.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Karl Slatoff sold 48,995 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.68, for a total transaction of $11,155,181.60. The disclosure for this sale can be found here. In the last three months, insiders have sold 141,825 shares of company stock valued at $32,532,671. 1.34% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on TTWO shares. Benchmark increased their price target on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Citigroup increased their price target on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Wedbush upped their price objective on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. JPMorgan Chase & Co. upped their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Finally, UBS Group upped their price objective on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Nineteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $250.10.

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.

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