MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Purchases 13,454 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Take-Two Interactive Software by 8.4%, acquiring a total of 173,295 shares worth approximately $35.9 million.
• Research analysts have varied opinions on the stock, with several upgrades on price targets, while Wall Street Zen downgraded it from a "hold" to a "sell" rating.
• Take-Two Interactive reported a 16.4% revenue increase in its latest quarterly earnings, with $1.50 billion in revenue and earnings per share of $0.61, exceeding analyst estimates.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 8.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 173,295 shares of the company's stock after buying an additional 13,454 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.10% of Take-Two Interactive Software worth $35,917,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Clarius Group LLC purchased a new stake in shares of Take-Two Interactive Software during the first quarter valued at $404,000. Mackenzie Financial Corp increased its position in Take-Two Interactive Software by 13.2% in the 4th quarter. Mackenzie Financial Corp now owns 15,698 shares of the company's stock worth $2,890,000 after purchasing an additional 1,833 shares during the last quarter. Cornerstone Investment Partners LLC increased its position in Take-Two Interactive Software by 14.1% in the 1st quarter. Cornerstone Investment Partners LLC now owns 292,616 shares of the company's stock worth $60,645,000 after purchasing an additional 36,112 shares during the last quarter. Stonebridge Financial Group LLC increased its position in Take-Two Interactive Software by 3,986.2% in the 1st quarter. Stonebridge Financial Group LLC now owns 1,185 shares of the company's stock worth $246,000 after purchasing an additional 1,156 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Take-Two Interactive Software by 8.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,810 shares of the company's stock valued at $2,910,000 after acquiring an additional 1,231 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. 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 report on Friday, August 8th. Wall Street Zen lowered Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. 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 report on Friday, August 8th. DA Davidson lifted their price objective on Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Finally, Robert W. Baird lifted their price objective on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. Eighteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and a consensus price target of $248.32.

Insiders Place Their Bets

In related news, Director Jon J. Moses sold 1,000 shares of the company's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $239.57, for a total transaction of $239,570.00. Following the transaction, the director owned 21,901 shares in the company, valued at $5,246,822.57. This represents a 4.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Daniel P. Emerson sold 22,479 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the transaction, the insider owned 129,792 shares in the company, valued at approximately $29,523,786.24. This trade represents a 14.76% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 141,411 shares of company stock valued at $32,430,724 over the last three months. Company insiders own 1.34% of the company's stock.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock traded up $2.82 during midday trading on Thursday, hitting $246.86. 620,129 shares of the company were exchanged, compared to its average volume of 1,963,739. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market cap of $45.54 billion, a P/E ratio of -10.31, a PEG ratio of 6.23 and a beta of 1.00. Take-Two Interactive Software, Inc. has a 52 week low of $146.76 and a 52 week high of $250.45. The firm has a 50 day simple moving average of $232.77 and a 200-day simple moving average of $224.84.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.61 EPS 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 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%.Take-Two Interactive Software's revenue was up 16.4% on a year-over-year basis. During the same quarter last 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. Research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

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.