Take-Two Interactive Software, Inc. $TTWO is Jag Capital Management LLC's 9th Largest Position

Key Points

• Jag Capital Management LLC has increased its position in Take-Two Interactive Software, owning 104,723 shares, which makes it the firm's 9th largest position, accounting for about 2.8% of its portfolio.
• During the recent earnings report, Take-Two reported $1.50 billion in revenue and earnings per share of $0.61, exceeding estimates and showing a year-over-year revenue increase of 16.4%.
• Several high-profile investors have actively adjusted their holdings in Take-Two, with Vanguard Group Inc. owning approximately 19.87 million shares valued at over $4 billion, reinforcing strong institutional interest in the company.

Jag Capital Management LLC increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 1.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,723 shares of the company's stock after purchasing an additional 1,573 shares during the period. Take-Two Interactive Software makes up approximately 2.8% of Jag Capital Management LLC's portfolio, making the stock its 9th largest position. Jag Capital Management LLC owned about 0.06% of Take-Two Interactive Software worth $25,432,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new position in Take-Two Interactive Software in the first quarter valued at about $288,410,000. Price T Rowe Associates Inc. MD increased its stake in Take-Two Interactive Software by 425.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock valued at $296,640,000 after purchasing an additional 1,158,783 shares in the last quarter. Contour Asset Management LLC acquired a new position in Take-Two Interactive Software during the first quarter worth $180,701,000. Assenagon Asset Management S.A. raised its holdings in Take-Two Interactive Software by 107.8% during the second quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company's stock worth $243,222,000 after purchasing an additional 519,518 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in Take-Two Interactive Software by 2.6% during the first quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company's stock worth $4,117,123,000 after purchasing an additional 506,026 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Up 1.9%

Shares of Take-Two Interactive Software stock opened at $256.68 on Tuesday. 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, Inc. has a 1 year low of $154.03 and a 1 year high of $262.19. The company has a market capitalization of $47.35 billion, a P/E ratio of -10.72, a P/E/G ratio of 5.35 and a beta of 1.01. The business has a 50 day moving average price of $242.27 and a 200 day moving average price of $232.10.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.33. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the firm posted ($1.52) EPS. The company'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. Sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TTWO. JPMorgan Chase & Co. raised their price target on Take-Two Interactive Software from $250.00 to $275.00 and gave the company an "overweight" rating in a research report on Friday, August 8th. DA Davidson increased their price objective on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a "buy" rating in a research note on Thursday, October 9th. Wedbush raised their target price on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Benchmark lifted their target price on shares of 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, UBS Group lifted their target price on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Nineteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $251.60.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,325 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total value of $528,867.75. Following the completion of the transaction, the director directly owned 9,063 shares in the company, valued at approximately $2,061,560.61. The trade was a 20.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Daniel P. Emerson sold 22,479 shares of the business's stock in a transaction on 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 owned 129,792 shares of the company's stock, valued at $29,523,786.24. This trade represents a 14.76% 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 $32,434,222 in the last three months. 1.34% of the stock is currently owned by company insiders.

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.

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