Magnus Financial Group LLC Makes New $582,000 Investment in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Magnus Financial Group LLC has made a new investment of $582,000 in Take-Two Interactive Software, acquiring 2,396 shares of the company.
• Several institutional investors have increased their stakes in Take-Two, including Mackenzie Financial Corp, which raised its stake by 13.2%.
• Analysts have recently raised their price targets for Take-Two Interactive Software, with JPMorgan Chase setting a new target of $275.00 and maintaining an "overweight" rating for the stock.

Magnus Financial Group LLC bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,396 shares of the company's stock, valued at approximately $582,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Mackenzie Financial Corp increased its stake in shares of Take-Two Interactive Software by 13.2% during the 4th quarter. Mackenzie Financial Corp now owns 15,698 shares of the company's stock worth $2,890,000 after purchasing an additional 1,833 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Take-Two Interactive Software during the 4th quarter worth $23,691,000. Park Square Financial Group LLC acquired a new position in shares of Take-Two Interactive Software during the 4th quarter worth $28,000. Siemens Fonds Invest GmbH increased its stake in shares of Take-Two Interactive Software by 92.4% during the 4th quarter. Siemens Fonds Invest GmbH now owns 3,348 shares of the company's stock worth $616,000 after purchasing an additional 1,608 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Take-Two Interactive Software by 8.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,810 shares of the company's stock worth $2,910,000 after purchasing an additional 1,231 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,325 shares of the firm'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 $528,867.75. Following the sale, the director directly owned 9,063 shares in the company, valued at $2,061,560.61. This trade represents a 20.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 transaction of $239,570.00. Following the completion of the sale, the director owned 21,901 shares in the company, 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. Over the last ninety days, insiders sold 141,825 shares of company stock worth $32,532,671. 1.34% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on TTWO. JPMorgan Chase & Co. increased their price target on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Wedbush increased their price target on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a research note 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 research note on Wednesday, July 23rd. UBS Group increased their price target 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. Finally, Raymond James Financial increased their price target on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Eighteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and an average target price of $248.32.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $245.11 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $146.76 and a 1 year high of $255.33. The firm's fifty day simple moving average is $234.89 and its 200 day simple moving average is $227.85. 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 $45.22 billion, a PE ratio of -10.24, a PEG ratio of 5.18 and a beta of 1.00.

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 (EPS) for the quarter, beating analysts' consensus estimates 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 business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the business posted ($1.52) EPS. Take-Two Interactive Software's 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. On average, sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

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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