Ninety One UK Ltd Acquires 334,946 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Ninety One UK Ltd increased its stake in Take-Two Interactive Software by 22.8%, acquiring an additional 334,946 shares, bringing its total holdings to 1,801,582 shares.
• Take-Two Interactive's recent quarterly earnings show a positive trend, reporting $1.50 billion in revenue and $0.61 EPS, exceeding analyst expectations.
• Analyst ratings for Take-Two Interactive remain strong, with a consensus rating of "Moderate Buy" and price targets between $249.50 and $275.00 from several firms.

Ninety One UK Ltd raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 22.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,801,582 shares of the company's stock after acquiring an additional 334,946 shares during the quarter. Take-Two Interactive Software makes up about 1.0% of Ninety One UK Ltd's portfolio, making the stock its 29th largest holding. Ninety One UK Ltd owned about 1.02% of Take-Two Interactive Software worth $437,514,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Moody Lynn & Lieberson LLC boosted its stake in Take-Two Interactive Software by 0.9% during the first quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company's stock worth $1,050,000 after acquiring an additional 45 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake 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 buying an additional 47 shares during the period. Brooklyn Investment Group boosted its holdings in Take-Two Interactive Software by 8.1% in the first quarter. Brooklyn Investment Group now owns 669 shares of the company's stock worth $139,000 after acquiring an additional 50 shares in the last quarter. Adero Partners LLC grew its stake in Take-Two Interactive Software by 2.9% in the first quarter. Adero Partners LLC now owns 1,784 shares of the company's stock valued at $370,000 after acquiring an additional 51 shares during the period. Finally, Cullen Frost Bankers Inc. increased its holdings in shares of Take-Two Interactive Software by 46.0% during the first quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company's stock valued at $38,000 after acquiring an additional 57 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $258.36 on Wednesday. The stock has a 50 day moving average of $236.50 and a 200 day moving average of $229.13. The company has a market capitalization of $47.66 billion, a price-to-earnings ratio of -10.79, a PEG ratio of 5.52 and a beta of 1.00. Take-Two Interactive Software, Inc. has a 12 month low of $146.76 and a 12 month high of $261.47. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72.

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 for the quarter, topping the consensus estimate 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 business had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.31 billion. During the same quarter in the previous year, the firm earned ($1.52) earnings per share. The business's 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. As a group, sell-side analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on TTWO. Wedbush raised 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. Citigroup increased their price objective on 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. Benchmark raised their target price on Take-Two Interactive Software from $250.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 8th. Wells Fargo & Company assumed coverage on Take-Two Interactive Software in a research report on Monday, July 28th. They set an "overweight" rating and a $265.00 target price on the stock. Finally, JPMorgan Chase & Co. increased their price target on Take-Two Interactive Software from $250.00 to $275.00 and gave the company an "overweight" rating in a research report on Friday, August 8th. Nineteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $249.50.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total value of $528,867.75. Following the completion of the sale, the director directly owned 9,063 shares of the company's stock, valued at $2,061,560.61. This represents a 20.42% decrease in their ownership of the stock. 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 over the last 90 days. Corporate insiders own 1.34% of the company's stock.

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.

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.