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Lbp Am Sa Grows Holdings in Take-Two Interactive Software, Inc. $TTWO

Take-Two Interactive Software logo with Consumer Discretionary background

Key Points

  • Lbp Am Sa increased its holdings in Take-Two Interactive Software, Inc. by 44.8%, purchasing an additional 5,020 shares in the second quarter, bringing its total to 16,227 shares valued at approximately $3.94 million.
  • Various hedge funds have actively adjusted their stakes in the company, with ORG Partners LLC boosting its holdings by 115.7% during the same period, highlighting significant investor interest in Take-Two Interactive Software.
  • Research analysts remain positive on the stock, with multiple firms raising their price targets; currently, the consensus rating is a "Moderate Buy" with an average price target of $249.50.
  • MarketBeat previews top five stocks to own in November.

Lbp Am Sa increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 44.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,227 shares of the company's stock after purchasing an additional 5,020 shares during the quarter. Lbp Am Sa's holdings in Take-Two Interactive Software were worth $3,941,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. ORG Partners LLC boosted its holdings in Take-Two Interactive Software by 115.7% during the second quarter. ORG Partners LLC now owns 110 shares of the company's stock worth $26,000 after purchasing an additional 59 shares during the last quarter. 1 North Wealth Services LLC purchased a new position in Take-Two Interactive Software during the first quarter worth about $29,000. Game Plan Financial Advisors LLC purchased a new position in Take-Two Interactive Software during the first quarter worth about $31,000. North Capital Inc. purchased a new position in Take-Two Interactive Software during the first quarter worth about $35,000. Finally, Graybill Wealth Management LTD. purchased a new position in Take-Two Interactive Software during the first quarter worth about $37,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TTWO has been the topic of a number of research analyst reports. CICC Research initiated coverage on shares of Take-Two Interactive Software in a research note on Tuesday. They issued an "outperform" rating and a $272.00 target price on the stock. 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 note on Friday, August 8th. UBS Group boosted 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 note on Friday, August 8th. Wells Fargo & Company initiated coverage on shares of Take-Two Interactive Software in a research note on Monday, July 28th. They issued an "overweight" rating and a $265.00 target price on the stock. Finally, Wedbush boosted their target price 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. Nineteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $249.50.

Read Our Latest Research Report on Take-Two Interactive Software

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 2,325 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total value of $528,867.75. Following the transaction, the director owned 9,063 shares of the company's stock, valued at $2,061,560.61. This represents a 20.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Strauss Zelnick sold 20,000 shares of the stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $230.69, for a total transaction of $4,613,800.00. The disclosure for this sale can be found here. Insiders have sold a total of 141,825 shares of company stock worth $32,532,671 in the last ninety days. Insiders own 1.34% of the company's stock.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock opened at $256.94 on Friday. The firm's 50 day simple moving average is $237.66 and its 200 day simple moving average is $229.66. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $47.40 billion, a PE ratio of -10.73, a price-to-earnings-growth ratio of 5.42 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 1-year low of $146.76 and a 1-year high of $261.47.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted 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. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. Take-Two Interactive Software's revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($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. As a group, analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Take-Two Interactive Software Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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