Take-Two Interactive Software, Inc. $TTWO Shares Acquired by Avior Wealth Management LLC

Key Points

• Avior Wealth Management LLC significantly increased its stake in Take-Two Interactive Software by 815.4% in the second quarter, owning 1,126 shares valued at approximately $273,000.
• Institutional investors currently hold 95.46% of Take-Two Interactive Software's stock, with several firms, including Vanguard Group and Price T Rowe Associates, also raising their positions in the company.
• Analysts have raised their target prices for Take-Two Interactive Software, with estimates now ranging from $260 to $285, reflecting a positive sentiment toward the company's performance and outlook.

Avior Wealth Management LLC lifted its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 815.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,126 shares of the company's stock after purchasing an additional 1,003 shares during the quarter. Avior Wealth Management LLC's holdings in Take-Two Interactive Software were worth $273,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Take-Two Interactive Software by 2.6% during the 1st 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 during the period. Massachusetts Financial Services Co. MA raised its position in shares of Take-Two Interactive Software by 1.7% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,358,309 shares of the company's stock worth $1,110,510,000 after purchasing an additional 89,093 shares during the period. Invesco Ltd. raised its position in shares of Take-Two Interactive Software by 11.0% during the 1st quarter. Invesco Ltd. now owns 2,975,192 shares of the company's stock worth $616,609,000 after purchasing an additional 294,378 shares during the period. First Manhattan CO. LLC. raised its position in shares of Take-Two Interactive Software by 6.5% during the 1st quarter. First Manhattan CO. LLC. now owns 2,397,679 shares of the company's stock worth $496,919,000 after purchasing an additional 147,077 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Take-Two Interactive Software by 425.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock worth $296,640,000 after purchasing an additional 1,158,783 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on the company. Bank of America raised their target price on Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Raymond James Financial raised their target price on Take-Two Interactive Software from $250.00 to $260.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Zacks Research upgraded Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. CICC Research assumed coverage on Take-Two Interactive Software in a research report on Tuesday. They issued an "outperform" rating and a $272.00 target price on the stock. Finally, Wedbush raised their target price on Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Nineteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and a consensus price target of $249.50.

Take-Two Interactive Software Stock Performance

TTWO opened at $255.40 on Thursday. The firm has a market cap of $47.11 billion, a PE ratio of -10.67, a P/E/G ratio of 5.48 and a beta of 1.01. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The business has a fifty day simple moving average of $237.03 and a 200-day simple moving average of $229.31. Take-Two Interactive Software, Inc. has a fifty-two week low of $146.76 and a fifty-two week high of $261.47.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings data 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 business had revenue of $1.50 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 was up 16.4% compared to the same quarter last year. During the same period last year, the company posted ($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. As a group, equities analysts predict that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Daniel P. Emerson sold 22,479 shares of the firm'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 $5,113,298.13. Following the completion of the sale, 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 sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Strauss Zelnick sold 20,000 shares of the firm's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $230.69, for a total value of $4,613,800.00. The disclosure for this sale can be found here. Insiders have sold a total of 141,825 shares of company stock valued at $32,532,671 over the last quarter. 1.34% of the stock is owned by insiders.

Take-Two Interactive Software 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.

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