Take-Two Interactive Software, Inc. $TTWO Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Key Points

• Mirae Asset Global Investments Co. Ltd. increased its stake in Take-Two Interactive Software by 21.4%, now owning approximately 0.17% of the company valued at $72.3 million.
• Insider sales included Director Ellen F. Siminoff selling 414 shares for $101,947.50 and Director Laverne Evans Srinivasan selling 2,325 shares for $528,867.75.
• The stock received multiple analyst upgrades, with Bank of America raising its price target to $285.00 and a consensus rating of "Moderate Buy" with an average target of $249.50.

Mirae Asset Global Investments Co. Ltd. increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 21.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 297,783 shares of the company's stock after acquiring an additional 52,524 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.17% of Take-Two Interactive Software worth $72,317,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. ORG Partners LLC boosted its holdings in shares of Take-Two Interactive Software by 115.7% in the 2nd quarter. ORG Partners LLC now owns 110 shares of the company's stock valued at $26,000 after purchasing an additional 59 shares during the last quarter. 1 North Wealth Services LLC acquired a new position in shares of Take-Two Interactive Software in the 1st quarter valued at $29,000. Game Plan Financial Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the 1st quarter valued at $31,000. North Capital Inc. acquired a new position in shares of Take-Two Interactive Software in the 1st quarter valued at $35,000. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Take-Two Interactive Software in the 1st quarter valued at $37,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Insider Activity

In related news, Director Ellen F. Siminoff sold 414 shares of Take-Two Interactive Software stock in a transaction on Monday, September 15th. The shares were sold at an average price of $246.25, for a total transaction of $101,947.50. Following the sale, the director owned 3,003 shares of the company's stock, valued at $739,488.75. The trade was a 12.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of Take-Two Interactive Software stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $528,867.75. Following the sale, the director directly owned 9,063 shares in the company, valued at $2,061,560.61. This trade represents a 20.42% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 141,825 shares of company stock worth $32,532,671 over the last three months. 1.34% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

TTWO has been the topic of a number of research analyst reports. Wells Fargo & Company initiated coverage on shares of Take-Two Interactive Software in a report on Monday, July 28th. They issued an "overweight" rating and a $265.00 price target on the stock. Citigroup lifted their price target on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Zacks Research upgraded shares of Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 13th. Bank of America lifted their price target on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 8th. Finally, Benchmark lifted their target price on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company a "buy" rating in a 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's stock. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and an average price target of $249.50.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock opened at $256.94 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $146.76 and a 12-month high of $261.47. The company has a market capitalization of $47.40 billion, a price-to-earnings ratio of -10.73, a price-to-earnings-growth ratio of 5.42 and a beta of 1.01. 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's fifty day moving average price is $237.66 and its 200 day moving average price is $229.66.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings results 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 negative net margin of 72.92% and a positive return on equity of 7.33%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the previous year, the firm posted ($1.52) EPS. The firm's quarterly revenue was up 16.4% on a year-over-year basis. 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. On average, research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal 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.

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