Korea Investment CORP Buys 47,779 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Korea Investment CORP increased its holdings in Take-Two Interactive Software by 60.1% in the first quarter, owning 127,272 shares worth approximately $26.4 million.
• Several institutional investors, including Vanguard Group and Invesco, have also boosted their stakes in Take-Two, indicating strong institutional interest, with hedge funds owning 95.46% of the company’s stock.
• Analysts have raised price targets for Take-Two Interactive Software, with UBS Group setting a target of $285, reflecting positive sentiment in the market regarding the company's growth potential.

Korea Investment CORP boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 60.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 127,272 shares of the company's stock after purchasing an additional 47,779 shares during the period. Korea Investment CORP owned about 0.07% of Take-Two Interactive Software worth $26,377,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of TTWO. Moody Lynn & Lieberson LLC raised its position in shares of Take-Two Interactive Software by 0.9% during the first quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company's stock worth $1,050,000 after acquiring an additional 45 shares during the last quarter. Brooklyn Investment Group increased its position in shares of Take-Two Interactive Software by 8.1% in the 1st quarter. Brooklyn Investment Group now owns 669 shares of the company's stock valued at $139,000 after buying an additional 50 shares in the last quarter. Adero Partners LLC increased its holdings in shares of 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 acquiring an additional 51 shares in the last quarter. Cullen Frost Bankers Inc. increased its stake in Take-Two Interactive Software by 46.0% during the 1st quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company's stock worth $38,000 after purchasing an additional 57 shares in the last quarter. Finally, State of Wyoming increased its position in shares of Take-Two Interactive Software by 13.0% during the fourth quarter. State of Wyoming now owns 522 shares of the company's stock worth $96,000 after acquiring an additional 60 shares in the last quarter. Institutional investors own 95.46% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on TTWO shares. DA Davidson raised their target price on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, May 16th. Bank of America boosted their price objective on Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Wedbush boosted their price objective 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. Zacks Research raised shares of Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. Finally, JPMorgan Chase & Co. upped their price objective on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Nineteen equities 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 a consensus rating of "Moderate Buy" and an average price target of $245.60.

Insider Buying and Selling 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 on Monday, June 2nd. The stock was sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the completion of the transaction, the insider directly owned 152,271 shares of the company's stock, valued at approximately $34,294,474.62. This represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the 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 transaction, the director owned 9,063 shares of the company's stock, valued at $2,061,560.61. The trade was a 20.42% decrease in their position. The disclosure for this sale can be found here. Insiders sold 535,789 shares of company stock valued at $121,089,348 in the last quarter. Insiders own 1.34% of the company's stock.

Take-Two Interactive Software Trading Up 0.5%

NASDAQ:TTWO traded up $1.16 during trading hours on Friday, hitting $229.03. 1,089,234 shares of the company were exchanged, compared to its average volume of 1,915,344. Take-Two Interactive Software, Inc. has a one year low of $146.76 and a one year high of $245.07. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $42.25 billion, a price-to-earnings ratio of -9.57, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. The company has a fifty day simple moving average of $233.25 and a 200 day simple moving average of $222.06.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.33. The business had revenue of $1,503,800 billion during the quarter, compared to the consensus estimate 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 firm'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 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. Sell-side analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

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.