Prime Capital Investment Advisors LLC Buys Shares of 3,687 Take-Two Interactive Software, Inc. $TTWO

Key Points

• Prime Capital Investment Advisors LLC acquired 3,687 shares of Take-Two Interactive Software, valued at approximately $895,000, during the second quarter.
• Insiders have sold a total of 141,825 shares worth $32.5 million over the last three months, indicating a decrease in their ownership percentage to 1.34% of the company.
• Analysts have raised the target price for Take-Two Interactive Software among several firms, with JPMorgan increasing it from $250 to $275, reflecting positive sentiment around the stock.

Prime Capital Investment Advisors LLC bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 3,687 shares of the company's stock, valued at approximately $895,000.

Other institutional investors and hedge funds have also modified their holdings of the company. NBC Securities Inc. acquired a new position in Take-Two Interactive Software during the first quarter worth about $55,000. UMB Bank n.a. grew its holdings in shares of Take-Two Interactive Software by 34.9% during the 1st quarter. UMB Bank n.a. now owns 441 shares of the company's stock valued at $91,000 after purchasing an additional 114 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Take-Two Interactive Software by 33.5% during the 1st quarter. GAMMA Investing LLC now owns 3,345 shares of the company's stock valued at $693,000 after purchasing an additional 839 shares during the last quarter. CX Institutional grew its holdings in shares of Take-Two Interactive Software by 17.8% during the 1st quarter. CX Institutional now owns 1,563 shares of the company's stock valued at $324,000 after purchasing an additional 236 shares during the last quarter. Finally, Simon Quick Advisors LLC boosted its position in Take-Two Interactive Software by 4.0% in the first quarter. Simon Quick Advisors LLC now owns 1,681 shares of the company's stock valued at $348,000 after buying an additional 64 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 45,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $231.20, for a total value of $10,404,000.00. Following the completion of the sale, the chief executive officer directly owned 281,495 shares in the company, valued at approximately $65,081,644. The trade was a 13.78% 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 that occurred on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the sale, the insider directly owned 129,792 shares of the company's stock, valued at approximately $29,523,786.24. This trade represents a 14.76% decrease in their position. The disclosure for this sale can be found here. Insiders sold 141,825 shares of company stock worth $32,532,671 over the last three months. Insiders own 1.34% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. raised their target price on shares of 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. Wells Fargo & Company upped their target price on Take-Two Interactive Software from $270.00 to $277.00 and gave the stock an "overweight" rating in a report on Tuesday. Citigroup upped their target price on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Weiss Ratings restated a "sell (d)" rating on shares of Take-Two Interactive Software in a report on Wednesday. Finally, Zacks Research upgraded Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 13th. Nineteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $251.60.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $256.69 on Friday. The stock's 50 day moving average is $241.03 and its 200 day moving average is $231.31. 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 firm has a market cap of $47.35 billion, a P/E ratio of -10.72, a P/E/G ratio of 5.48 and a beta of 1.01. Take-Two Interactive Software, Inc. has a one year low of $152.27 and a one year high of $262.19.

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

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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