QRG Capital Management Inc. Boosts Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• QRG Capital Management Inc. increased its stake in Take-Two Interactive Software (TTWO) by 9.5% in the second quarter, now owning 23,660 shares valued at approximately $5.75 million.
• Analysts have been optimistic about TTWO, with 19 analysts rating the stock as a Buy and recent price targets revised upwards, with a consensus target of $249.50.
• Insider transactions included the sale of 141,825 shares over the past three months, signifying a potential decrease in insider ownership to 1.34% of the company’s stock.

QRG Capital Management Inc. lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 9.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,660 shares of the company's stock after acquiring an additional 2,046 shares during the period. QRG Capital Management Inc.'s holdings in Take-Two Interactive Software were worth $5,746,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of TTWO. Nuveen LLC purchased a new position in shares of Take-Two Interactive Software during the 1st quarter worth $288,410,000. Price T Rowe Associates Inc. MD raised its holdings in Take-Two Interactive Software by 425.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock valued at $296,640,000 after buying an additional 1,158,783 shares during the period. Contour Asset Management LLC purchased a new stake in Take-Two Interactive Software in the 1st quarter valued at about $180,701,000. Assenagon Asset Management S.A. raised its holdings in Take-Two Interactive Software by 107.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company's stock valued at $243,222,000 after buying an additional 519,518 shares during the period. Finally, Vanguard Group Inc. raised its holdings in Take-Two Interactive Software by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company's stock valued at $4,117,123,000 after buying an additional 506,026 shares during the period. Hedge funds and other institutional investors own 95.46% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on TTWO. Wedbush boosted their price objective on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Weiss Ratings restated a "sell (d)" rating on shares of Take-Two Interactive Software in a report on Saturday, September 27th. Zacks Research upgraded shares of Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 13th. Citigroup boosted their price objective 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. Finally, Benchmark boosted their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company a "buy" rating in a report on Friday, August 8th. Nineteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $249.50.

Insider Transactions at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 22,479 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was 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 of the company's stock, valued at approximately $29,523,786.24. This represents a 14.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jon J. Moses sold 1,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $239.57, for a total value of $239,570.00. Following the completion of the sale, the director directly owned 21,901 shares of the company's stock, valued at $5,246,822.57. The trade was a 4.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 141,825 shares of company stock valued at $32,532,671 over the last three months. 1.34% of the stock is owned by corporate insiders.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $257.68 on Monday. The stock has a 50 day moving average price of $238.32 and a 200 day moving average price of $230.32. 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 company has a market capitalization of $47.53 billion, a price-to-earnings ratio of -10.76, a price-to-earnings-growth ratio of 5.47 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 52-week low of $147.78 and a 52-week high of $261.47.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.33. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate 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 firm's quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the company 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. Research analysts predict 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.

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