Strs Ohio Makes New Investment in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Strs Ohio purchased a new stake in Take-Two Interactive Software, Inc., acquiring 9,089 shares valued at approximately $1.88 million during the first quarter.
• Investment analysts have shown strong confidence in the company, with several raising their price targets to values between $270 and $285, and a consensus rating of "Moderate Buy."
• Take-Two Interactive reported a quarterly earnings per share of $0.61, significantly exceeding expectations, and provided guidance for future earnings in the upcoming quarters.

Strs Ohio bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 9,089 shares of the company's stock, valued at approximately $1,884,000.

Other institutional investors have also recently bought and sold shares of the company. Park Square Financial Group LLC bought a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at approximately $28,000. 1 North Wealth Services LLC bought a new stake in Take-Two Interactive Software during the first quarter valued at $29,000. Game Plan Financial Advisors LLC bought a new stake in Take-Two Interactive Software during the first quarter valued at $31,000. North Capital Inc. bought a new position in shares of Take-Two Interactive Software during the 1st quarter worth about $35,000. Finally, Graybill Wealth Management LTD. bought a new position in Take-Two Interactive Software in the 1st quarter valued at about $37,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Insider Activity

In related news, insider Daniel P. Emerson sold 22,479 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.47, for a total value of $5,113,298.13. Following the completion of the transaction, the insider directly owned 129,792 shares of the company's stock, valued at $29,523,786.24. This represents a 14.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jon J. Moses sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $239.57, for a total transaction of $239,570.00. Following the transaction, the director directly owned 21,901 shares of the company's stock, valued at $5,246,822.57. This represents a 4.37% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 141,825 shares of company stock valued at $32,532,671. 1.34% of the stock is owned by corporate insiders.

Take-Two Interactive Software Trading Down 0.3%

Take-Two Interactive Software stock traded down $0.78 during mid-day trading on Thursday, hitting $249.74. The company's stock had a trading volume of 2,166,990 shares, compared to its average volume of 1,955,416. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The stock has a market cap of $46.07 billion, a price-to-earnings ratio of -10.43, a price-to-earnings-growth ratio of 5.24 and a beta of 1.00. The business has a 50 day moving average price of $233.40 and a 200-day moving average price of $226.14. Take-Two Interactive Software, Inc. has a 12 month low of $146.76 and a 12 month high of $252.61.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued 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 $1.50 billion during the quarter, compared to the consensus estimate 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 company's quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the firm 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. As a group, analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Citigroup increased 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 research note on Wednesday, July 23rd. JPMorgan Chase & Co. raised their price target on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Wells Fargo & Company assumed coverage on shares of Take-Two Interactive Software in a research note on Monday, July 28th. They set an "overweight" rating and a $265.00 price target for the company. Benchmark raised their price target on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Finally, UBS Group raised their price target on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Eighteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $248.32.

Take-Two Interactive Software Company 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.