Northstar Advisory Group LLC Acquires New Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Northstar Advisory Group LLC has acquired a new position in Take-Two Interactive Software, Inc., purchasing 1,147 shares valued at approximately $279,000.
• The company reported an earnings per share (EPS) of $0.61 for the last quarter, exceeding expectations of $0.28, with a revenue of $1.50 billion.
• Analysts have recently raised their price targets for Take-Two shares, with Citigroup setting a target of $270.00 and Bank of America increasing theirs to $285.00.

Northstar Advisory Group LLC acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,147 shares of the company's stock, valued at approximately $279,000.

Several other institutional investors and hedge funds also recently bought and sold shares of TTWO. Park Square Financial Group LLC bought a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at about $28,000. 1 North Wealth Services LLC acquired a new position in shares of Take-Two Interactive Software during the 1st quarter worth approximately $29,000. Game Plan Financial Advisors LLC acquired a new position in Take-Two Interactive Software in the 1st quarter valued at $31,000. North Capital Inc. purchased a new stake in Take-Two Interactive Software in the 1st quarter valued at $35,000. Finally, Graybill Wealth Management LTD. purchased a new position in shares of Take-Two Interactive Software during the 1st quarter worth $37,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Down 0.1%

Take-Two Interactive Software stock opened at $246.26 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market capitalization of $45.43 billion, a price-to-earnings ratio of -10.29, a PEG ratio of 5.21 and a beta of 1.00. Take-Two Interactive Software, Inc. has a one year low of $146.76 and a one year high of $250.45. The company's fifty day moving average price is $232.99 and its two-hundred day moving average price is $225.57.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.28 by $0.33. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate 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%. The business's quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the prior year, the business posted ($1.52) earnings per share. 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, analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Laverne Evans Srinivasan sold 2,325 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was 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 of the company's stock, valued at approximately $2,061,560.61. This trade represents a 20.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Daniel P. Emerson sold 22,479 shares of the firm's stock in a transaction dated 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 completion of the sale, the insider directly owned 129,792 shares in the company, valued at approximately $29,523,786.24. This represents a 14.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 141,411 shares of company stock valued at $32,430,724 in the last quarter. Insiders own 1.34% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Citigroup lifted their target price on Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. 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 price target for the company. Bank of America upped their price objective on Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Benchmark lifted their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Finally, Wedbush boosted their target price on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Eighteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $248.32.

About Take-Two Interactive Software

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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