Apollon Wealth Management LLC lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 72.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,816 shares of the company's stock after purchasing an additional 7,077 shares during the quarter. Apollon Wealth Management LLC's holdings in Take-Two Interactive Software were worth $4,204,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LBP AM SA lifted its position in shares of Take-Two Interactive Software by 298.2% during the 4th quarter. LBP AM SA now owns 64,611 shares of the company's stock worth $16,542,000 after purchasing an additional 48,384 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in Take-Two Interactive Software by 597.1% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 5,744 shares of the company's stock valued at $1,134,000 after buying an additional 4,920 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in Take-Two Interactive Software by 45.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 44,875 shares of the company's stock valued at $11,489,000 after buying an additional 14,050 shares during the last quarter. Fiera Capital Corp raised its stake in Take-Two Interactive Software by 33.9% in the fourth quarter. Fiera Capital Corp now owns 64,403 shares of the company's stock valued at $16,489,000 after buying an additional 16,314 shares in the last quarter. Finally, Swedbank AB raised its stake in Take-Two Interactive Software by 7.6% in the fourth quarter. Swedbank AB now owns 134,638 shares of the company's stock valued at $34,471,000 after buying an additional 9,556 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Take-Two Interactive Software
In related news, CEO Strauss Zelnick sold 208,969 shares of the company's stock in a transaction on Monday, June 1st. The shares were sold at an average price of $227.34, for a total transaction of $47,507,012.46. Following the completion of the sale, the chief executive officer directly owned 1,006,021 shares of the company's stock, valued at approximately $228,708,814.14. This represents a 17.20% decrease in their position. The sale 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 Michael Dornemann sold 1,151 shares of the firm's stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total transaction of $249,790.02. Following the sale, the director directly owned 20,374 shares of the company's stock, valued at approximately $4,421,565.48. The trade was a 5.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 609,936 shares of company stock valued at $138,537,038. Corporate insiders own 1.12% of the company's stock.
Analyst Ratings Changes
TTWO has been the subject of several analyst reports. BMO Capital Markets reaffirmed an "outperform" rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. Benchmark reissued a "buy" rating on shares of Take-Two Interactive Software in a research report on Monday. BTIG Research boosted their target price on Take-Two Interactive Software from $293.00 to $313.00 and gave the stock a "buy" rating in a research note on Monday. Bank of America upped their price target on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a "buy" rating in a report on Tuesday, June 23rd. Finally, Robert W. Baird increased their price target on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the company an "outperform" rating in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $296.95.
View Our Latest Analysis on TTWO
Take-Two Interactive Software Price Performance
Take-Two Interactive Software stock opened at $241.91 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $265.94. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.24. The business has a 50 day simple moving average of $238.48 and a 200-day simple moving average of $221.53. The stock has a market capitalization of $45.23 billion, a PE ratio of -139.83, a price-to-earnings-growth ratio of 1.68 and a beta of 0.97.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 company had revenue of $1.53 billion during the quarter, compared to analysts' expectations of $1.36 billion. During the same quarter in the prior year, the business earned ($0.07) EPS. The business'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. Equities analysts predict that Take-Two Interactive Software, Inc. will post 5.3 earnings per share for the current year.
About Take-Two Interactive Software
(
Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Take-Two Interactive Software, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Take-Two Interactive Software wasn't on the list.
While Take-Two Interactive Software currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
