Ethic Inc. Purchases 5,975 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Ethic Inc. increased its stake in Take-Two Interactive Software by 25.7% during the first quarter, holding a total of 29,229 shares valued at $6,142,000.
• Analyst ratings for Take-Two have mostly been positive, with multiple firms raising their target prices to as high as $275.00 and a current consensus rating of "Moderate Buy."
• Insiders have recently sold a significant amount of shares, with over 460,000 shares sold in the last ninety days, and corporate insiders now owning just 1.34% of the stock.

Ethic Inc. lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 25.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,229 shares of the company's stock after buying an additional 5,975 shares during the quarter. Ethic Inc.'s holdings in Take-Two Interactive Software were worth $6,142,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Moody Lynn & Lieberson LLC boosted its holdings in Take-Two Interactive Software by 0.9% in the first quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company's stock worth $1,050,000 after purchasing an additional 45 shares during the period. Adero Partners LLC boosted its holdings 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 purchasing an additional 51 shares during the period. Cullen Frost Bankers Inc. boosted its holdings 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 worth $38,000 after purchasing an additional 57 shares during the period. State of Wyoming boosted its holdings in Take-Two Interactive Software by 13.0% in the fourth quarter. State of Wyoming now owns 522 shares of the company's stock worth $96,000 after purchasing an additional 60 shares during the period. Finally, Simon Quick Advisors LLC boosted its holdings in Take-Two Interactive Software by 4.0% in the first quarter. Simon Quick Advisors LLC now owns 1,681 shares of the company's stock worth $348,000 after purchasing an additional 64 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 27,056 shares of the stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $225.22, for a total value of $6,093,552.32. Following the completion of the transaction, the insider directly owned 152,271 shares in the company, valued at approximately $34,294,474.62. This trade represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Strauss Zelnick sold 216,661 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $225.75, for a total value of $48,911,220.75. Following the completion of the transaction, the chief executive officer owned 1,206,427 shares in the company, valued at approximately $272,350,895.25. The trade was a 15.22% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 461,990 shares of company stock valued at $104,292,000. 1.34% of the stock is owned by insiders.

Take-Two Interactive Software Stock Down 1.8%

NASDAQ:TTWO traded down $4.19 on Tuesday, hitting $228.36. 1,366,200 shares of the company's stock traded hands, compared to its average volume of 2,038,066. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. Take-Two Interactive Software, Inc. has a 1 year low of $146.76 and a 1 year high of $245.07. The firm has a 50-day moving average price of $233.66 and a 200-day moving average price of $221.36. The company has a market cap of $42.13 billion, a PE ratio of -9.54, a price-to-earnings-growth ratio of 5.84 and a beta of 0.99.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.33. The firm had revenue of $1,503,800 billion during the quarter, compared to analyst estimates 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 company's revenue for the quarter was up 16.4% on a year-over-year basis. During the same period in the previous year, the company earned ($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 analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Zacks Research upgraded Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 13th. Raymond James Financial lifted their price objective on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Benchmark lifted 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 research note on Friday, August 8th. UBS Group lifted their price objective on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Finally, Robert W. Baird lifted their price objective on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Nineteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and a consensus price target of $245.60.

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.