Rafferty Asset Management LLC Sells 14,001 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Rafferty Asset Management LLC sold 14,001 shares of Take-Two Interactive Software, Inc., reducing its stake by 16.5% and leaving it with 70,803 shares valued at approximately $14.67 million.
• Take-Two Interactive reported an earnings per share (EPS) of $0.61 for the last quarter, significantly exceeding analyst estimates of $0.28.
• Insiders sold a total of 535,789 shares of Take-Two stock valued at over $121 million in the last quarter, leading to a 20.42% decrease in ownership for one director.

Rafferty Asset Management LLC reduced its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 16.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,803 shares of the company's stock after selling 14,001 shares during the quarter. Rafferty Asset Management LLC's holdings in Take-Two Interactive Software were worth $14,674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of TTWO. Moody Lynn & Lieberson LLC increased its holdings in shares of Take-Two Interactive Software by 0.9% in the 1st quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company's stock worth $1,050,000 after buying an additional 45 shares during the last quarter. Brooklyn Investment Group grew its position in Take-Two Interactive Software by 8.1% in the first quarter. Brooklyn Investment Group now owns 669 shares of the company's stock worth $139,000 after acquiring an additional 50 shares in the last quarter. Adero Partners LLC grew its position in Take-Two Interactive Software by 2.9% in the first quarter. Adero Partners LLC now owns 1,784 shares of the company's stock worth $370,000 after acquiring an additional 51 shares in the last quarter. Cullen Frost Bankers Inc. increased its stake in Take-Two Interactive Software by 46.0% in the first quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company's stock valued at $38,000 after acquiring an additional 57 shares during the last quarter. Finally, State of Wyoming raised its position in Take-Two Interactive Software by 13.0% during the fourth quarter. State of Wyoming now owns 522 shares of the company's stock valued at $96,000 after purchasing an additional 60 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Down 0.4%

Shares of Take-Two Interactive Software stock opened at $230.82 on Wednesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16. Take-Two Interactive Software, Inc. has a 52-week low of $146.76 and a 52-week high of $245.07. The company's 50 day moving average price is $232.98 and its 200-day moving average price is $222.81. The stock has a market capitalization of $42.58 billion, a price-to-earnings ratio of -9.64, a P/E/G ratio of 5.83 and a beta of 0.99.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.33. The company had revenue of $1,503,800 billion during the quarter, compared to analyst estimates 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%. The firm's revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business posted ($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. Equities research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Analyst Ratings Changes

TTWO has been the subject of a number of research reports. Zacks Research upgraded Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 13th. DA Davidson raised their price objective on Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a report on Friday, May 16th. Robert W. Baird boosted their target price on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Wells Fargo & Company assumed coverage on shares of Take-Two Interactive Software in a research report on Monday, July 28th. They set an "overweight" rating and a $265.00 price target on the stock. Finally, BMO Capital Markets reissued an "outperform" rating and set a $236.00 price target (down from $240.00) on shares of Take-Two Interactive Software in a research note on Monday, May 5th. Nineteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $245.60.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,325 shares of the company'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 $528,867.75. Following the completion of the transaction, the director owned 9,063 shares of the company's stock, valued at $2,061,560.61. This represents a 20.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jon J. Moses sold 1,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $231.33, for a total value of $231,330.00. Following the completion of the sale, the director owned 22,901 shares in the company, valued at approximately $5,297,688.33. This represents a 4.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 535,789 shares of company stock valued at $121,089,348 in the last quarter. 1.34% of the stock is currently owned by company insiders.

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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