Paloma Partners Management Co Buys 1,887 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Paloma Partners Management Co. increased its stake in Take-Two Interactive by 45.9%, owning a total of 6,000 shares valued at approximately $1.24 million after acquiring an additional 1,887 shares.
• Insider trading activity included Daniel P. Emerson selling 22,479 shares for over $5 million, reducing his ownership by 14.76%, while other insiders have sold a total of 140,411 shares worth approximately $32.2 million in the last three months.
• Take-Two reported earnings per share (EPS) of $0.61 for the last quarter, significantly exceeding analysts' expectations, with revenue reaching $1.5 billion, which represents a 16.4% increase year-over-year.

Paloma Partners Management Co increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 45.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,000 shares of the company's stock after purchasing an additional 1,887 shares during the quarter. Paloma Partners Management Co's holdings in Take-Two Interactive Software were worth $1,244,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC bought a new position in shares of Take-Two Interactive Software in the 1st quarter valued at about $250,000. Royal Bank of Canada boosted its stake in Take-Two Interactive Software by 18.9% during the 1st quarter. Royal Bank of Canada now owns 754,848 shares of the company's stock worth $156,443,000 after acquiring an additional 120,220 shares during the last quarter. Benchstone Capital Management LP lifted its stake in Take-Two Interactive Software by 14.9% in the first quarter. Benchstone Capital Management LP now owns 151,169 shares of the company's stock valued at $31,330,000 after buying an additional 19,627 shares in the last quarter. DRW Securities LLC bought a new position in Take-Two Interactive Software in the first quarter valued at approximately $580,000. Finally, Benchmark Investment Advisors LLC bought a new position in Take-Two Interactive Software in the first quarter valued at approximately $1,027,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TTWO. Wells Fargo & Company began coverage on shares of Take-Two Interactive Software in a research report on Monday, July 28th. They issued an "overweight" rating and a $265.00 price objective on the stock. Wedbush boosted their price objective on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. Wall Street Zen lowered shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. DA Davidson boosted their target price on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and a consensus price target of $248.32.

Insider Buying and Selling

In other news, Director Jon J. Moses sold 1,000 shares of the company's stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $239.57, for a total value of $239,570.00. Following the completion of the transaction, the director owned 21,901 shares of the company's stock, valued at $5,246,822.57. This represents a 4.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Daniel P. Emerson sold 22,479 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 129,792 shares of the company's stock, valued at $29,523,786.24. This represents a 14.76% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 141,411 shares of company stock valued at $32,430,724 over the last three months. Insiders own 1.34% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock traded down $0.97 on Friday, hitting $239.68. The company's stock had a trading volume of 979,225 shares, compared to its average volume of 1,981,106. Take-Two Interactive Software, Inc. has a fifty-two week low of $146.76 and a fifty-two week high of $245.07. The stock's 50 day moving average is $232.44 and its 200-day moving average is $224.00. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16. The company has a market capitalization of $44.21 billion, a PE ratio of -10.01, a PEG ratio of 6.01 and a beta of 1.00.

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. The business had revenue of $1.50 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter 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. Equities research 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

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.