Prudential PLC Grows Stake in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Prudential PLC increased its stake in Take-Two Interactive Software by 83.9%, acquiring an additional 1,449 shares, bringing its total holdings to 3,177 shares valued at approximately $658,000.
• Recent earnings reported a 0.61 EPS, exceeding analysts' expectations of $0.28, while revenue rose 16.4% year-over-year to $1.5 billion.
• Multiple research firms have raised their price targets for the stock, with Citi and Benchmark setting new targets of $270.00 and $275.00, respectively, indicating a consensus rating of "Moderate Buy".

Prudential PLC grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 83.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,177 shares of the company's stock after buying an additional 1,449 shares during the period. Prudential PLC's holdings in Take-Two Interactive Software were worth $658,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TTWO. Clarius Group LLC bought a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at $404,000. Mackenzie Financial Corp raised its stake in shares of Take-Two Interactive Software by 13.2% during the 4th quarter. Mackenzie Financial Corp now owns 15,698 shares of the company's stock valued at $2,890,000 after purchasing an additional 1,833 shares during the period. Cornerstone Investment Partners LLC raised its stake in shares of Take-Two Interactive Software by 14.1% during the 1st quarter. Cornerstone Investment Partners LLC now owns 292,616 shares of the company's stock valued at $60,645,000 after purchasing an additional 36,112 shares during the period. Stonebridge Financial Group LLC raised its stake in shares of Take-Two Interactive Software by 3,986.2% during the 1st quarter. Stonebridge Financial Group LLC now owns 1,185 shares of the company's stock valued at $246,000 after purchasing an additional 1,156 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Take-Two Interactive Software by 8.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,810 shares of the company's stock valued at $2,910,000 after purchasing an additional 1,231 shares during the period. Hedge funds and other institutional investors own 95.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. UBS Group boosted their price objective on Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Citigroup boosted their price objective 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. Benchmark boosted their price objective on Take-Two Interactive Software from $250.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Robert W. Baird boosted their price objective on Take-Two Interactive Software from $210.00 to $230.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Finally, Wall Street Zen lowered Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. Nineteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $245.60.

Insider Activity at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 198 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $233.47, for a total transaction of $46,227.06. Following the completion of the sale, the director directly owned 64,996 shares in the company, valued at $15,174,616.12. This represents a 0.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Daniel P. Emerson sold 27,056 shares of the stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $225.22, for a total value of $6,093,552.32. Following the sale, the insider owned 152,271 shares of the company's stock, valued at $34,294,474.62. This represents a 15.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 461,990 shares of company stock worth $104,292,000 over the last three months. Corporate insiders own 1.34% of the company's stock.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock traded down $4.19 during trading on Tuesday, hitting $228.36. 1,366,200 shares of the stock traded hands, compared to its average volume of 2,038,066. 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 has a market cap of $42.13 billion, a price-to-earnings ratio of -9.54, a PEG ratio of 5.84 and a beta of 0.99. The firm's fifty day moving average is $233.66 and its 200-day moving average is $221.36. Take-Two Interactive Software, Inc. has a 52 week low of $146.76 and a 52 week high of $245.07.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.28 by $0.33. The firm had revenue of $1,503,800 billion for the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The company's revenue was up 16.4% on a year-over-year basis. During the same period in the prior year, the company earned ($1.52) EPS. 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. Research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Take-Two Interactive Software 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.