Raiffeisen Bank International AG Has $7.46 Million Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Raiffeisen Bank International increased its Take-Two Interactive Software stake by 13,491.4% in the second quarter, bringing its holdings to 30,173 shares valued at approximately $7.46 million. Institutional investors and hedge funds own 95.46% of the stock.
• Take-Two reported quarterly revenue of $1.53 billion, exceeding expectations, but missed earnings estimates with a loss of $0.18 per share; revenue declined 2.1% year over year. The stock opened at $214.13, below its 50-day moving average of $240.47.
• Analysts remain broadly optimistic, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $296.95. However, insiders sold 59,837 shares worth roughly $14.5 million over the past three months.

Raiffeisen Bank International AG raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 13,491.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,173 shares of the company's stock after purchasing an additional 29,951 shares during the quarter. Raiffeisen Bank International AG's holdings in Take-Two Interactive Software were worth $7,457,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. MCF Advisors LLC bought a new stake in Take-Two Interactive Software during the 4th quarter worth approximately $25,000. Mosley Wealth Management lifted its stake in Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company's stock valued at $27,000 after acquiring an additional 80 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in Take-Two Interactive Software during the 2nd quarter worth $32,000. Essential Partners LLC boosted its holdings in Take-Two Interactive Software by 333.3% during the 1st quarter. Essential Partners LLC now owns 169 shares of the company's stock worth $33,000 after acquiring an additional 130 shares during the last quarter. Finally, MV Capital Management Inc. bought a new stake in shares of Take-Two Interactive Software in the 4th quarter worth $34,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Down 0.9%

TTWO opened at $214.13 on Friday. Take-Two Interactive Software, Inc. has a twelve month low of $187.63 and a twelve month high of $265.94. The company's 50-day moving average price is $240.47 and its two-hundred day moving average price is $223.37. The stock has a market cap of $40.04 billion, a price-to-earnings ratio of -123.77, a PEG ratio of 1.44 and a beta of 0.97. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The business had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.36 billion. During the same period last year, the company earned ($0.07) earnings per share. Take-Two Interactive Software's revenue for the quarter was down 2.1% compared to the same quarter last year. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. As a group, equities analysts expect that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Daniel Emerson sold 8,840 shares of the company's stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $214.00, for a total value of $1,891,760.00. Following the transaction, the insider directly owned 122,828 shares in the company, valued at approximately $26,285,192. This represents a 6.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jon Moses sold 500 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $244.61, for a total transaction of $122,305.00. Following the completion of the transaction, the director directly owned 21,868 shares in the company, valued at $5,349,131.48. The trade was a 2.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 59,837 shares of company stock worth $14,479,256. 1.12% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Wedbush restated an "outperform" rating and set a $300.00 price target on shares of Take-Two Interactive Software in a report on Monday, August 10th. Raymond James Financial set a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Thursday, August 6th. Robert W. Baird boosted their target price on Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an "outperform" rating in a research note on Monday, August 10th. Zacks Research lowered Take-Two Interactive Software from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Finally, Bank of America increased their price target on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a "buy" rating in a research report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and an average target price of $296.95.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two's publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.

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