Patton Fund Management Inc. Purchases New Shares in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Patton Fund Management Inc. acquired 14,638 shares of Take-Two Interactive Software, valued at approximately $3.6 million, making it the firm’s 19th largest position.
• The company reported revenue of $1.5 billion for the latest quarter, exceeding analyst expectations, and set earnings guidance for fiscal 2026 between $2.600 and $2.850 per share.
• Analysts have raised their price targets for Take-Two Interactive, with Citigroup and others now suggesting targets between $270 and $275, reflecting a consensus rating of "Moderate Buy."

Patton Fund Management Inc. purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,638 shares of the company's stock, valued at approximately $3,555,000. Take-Two Interactive Software makes up about 2.5% of Patton Fund Management Inc.'s holdings, making the stock its 19th largest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hartford Investment Management Co. boosted its position in shares of Take-Two Interactive Software by 2.7% in the 2nd quarter. Hartford Investment Management Co. now owns 10,231 shares of the company's stock worth $2,485,000 after purchasing an additional 271 shares in the last quarter. Perigon Wealth Management LLC lifted its holdings in shares of Take-Two Interactive Software by 79.2% during the 2nd quarter. Perigon Wealth Management LLC now owns 2,251 shares of the company's stock valued at $547,000 after buying an additional 995 shares during the period. Magnus Financial Group LLC purchased a new position in Take-Two Interactive Software in the second quarter worth about $582,000. Mather Group LLC. lifted its stake in shares of Take-Two Interactive Software by 12.5% in the 2nd quarter. Mather Group LLC. now owns 1,445 shares of the company's stock worth $351,000 after purchasing an additional 161 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its stake in shares of Take-Two Interactive Software by 4.7% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 55,572 shares of the company's stock worth $13,496,000 after purchasing an additional 2,475 shares during the period. Hedge funds and other institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $256.12 on Friday. The company has a market capitalization of $47.25 billion, a price-to-earnings ratio of -10.70, a PEG ratio of 5.20 and a beta of 1.00. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The stock's 50-day simple moving average is $235.39 and its 200-day simple moving average is $228.21. Take-Two Interactive Software, Inc. has a 52 week low of $146.76 and a 52 week high of $258.10.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter last year, the company earned ($1.52) EPS. The firm's quarterly 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, analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on TTWO shares. Citigroup upped their target price on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. JPMorgan Chase & Co. upped their price objective on 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 lifted their target price on Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Raymond James Financial upped their price target on Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. Finally, Wells Fargo & Company began coverage on Take-Two Interactive Software in a research note on Monday, July 28th. They issued an "overweight" rating and a $265.00 price objective on the stock. Eighteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $248.32.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 22,479 shares of the business'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 $5,113,298.13. Following the sale, the insider owned 129,792 shares in the company, valued at $29,523,786.24. The trade was a 14.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President Karl Slatoff sold 48,995 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.68, for a total transaction of $11,155,181.60. The disclosure for this sale can be found here. In the last three months, insiders have sold 141,825 shares of company stock valued at $32,532,671. 1.34% of the stock is owned by corporate insiders.

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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