Scientech Research LLC Acquires Shares of 3,814 Take-Two Interactive Software, Inc. $TTWO

Key Points

• Scientech Research LLC acquired 3,814 shares of Take-Two Interactive Software, valued at approximately $790,000, during the first quarter of the fiscal year.
• Recent ratings upgrades from various analysts have increased Take-Two's price targets, with Raymond James setting a target at $260.00 and Bank of America at $285.00.
• Take-Two Interactive Software reported a 16.4% increase in quarterly revenue compared to last year, totaling $1.50 billion, and significantly outperformed analysts' EPS estimates.

Scientech Research LLC purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,814 shares of the company's stock, valued at approximately $790,000.

A number of other institutional investors also recently added to or reduced their stakes in TTWO. Baird Financial Group Inc. lifted its position in shares of Take-Two Interactive Software by 36.6% during the 4th quarter. Baird Financial Group Inc. now owns 2,392 shares of the company's stock valued at $440,000 after acquiring an additional 641 shares during the period. Captrust Financial Advisors lifted its position in shares of Take-Two Interactive Software by 27.1% during the 4th quarter. Captrust Financial Advisors now owns 14,763 shares of the company's stock valued at $2,718,000 after acquiring an additional 3,145 shares during the period. Cetera Investment Advisers lifted its position in shares of Take-Two Interactive Software by 15.8% during the 4th quarter. Cetera Investment Advisers now owns 19,379 shares of the company's stock valued at $3,567,000 after acquiring an additional 2,642 shares during the period. CoreCap Advisors LLC lifted its position in shares of Take-Two Interactive Software by 64.8% during the 4th quarter. CoreCap Advisors LLC now owns 857 shares of the company's stock valued at $158,000 after acquiring an additional 337 shares during the period. Finally, Fiduciary Trust Co lifted its position in shares of Take-Two Interactive Software by 10.2% during the 4th quarter. Fiduciary Trust Co now owns 3,908 shares of the company's stock valued at $719,000 after acquiring an additional 361 shares during the period. Hedge funds and other institutional investors own 95.46% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TTWO. Wells Fargo & Company began 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 for the company. DA Davidson lifted their price objective on Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Wall Street Zen downgraded Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. Benchmark lifted their price objective on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Finally, Morgan Stanley lifted their price objective on Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a research report on Monday, May 19th. Eighteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $248.32.

Insider Activity

In related news, President Karl Slatoff sold 48,995 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.68, for a total transaction of $11,155,181.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the company's stock in a transaction 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 sale, the director directly owned 9,063 shares of the company's stock, valued at approximately $2,061,560.61. This trade represents a 20.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 141,411 shares of company stock worth $32,430,724 in the last quarter. Insiders own 1.34% of the company's stock.

Take-Two Interactive Software Trading Down 0.1%

TTWO traded down $0.28 during trading on Friday, hitting $246.26. The company's stock had a trading volume of 1,000,577 shares, compared to its average volume of 1,960,420. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $250.45. The firm's 50 day moving average price is $232.88 and its 200-day moving average price is $225.07. The stock has a market cap of $45.43 billion, a PE ratio of -10.29, a PEG ratio of 6.07 and a beta of 1.00. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.31 billion. During the same period in the previous year, the company earned ($1.52) EPS. The business's quarterly 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. On average, analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share 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.