Take-Two Interactive Software, Inc. $TTWO Shares Purchased by Oak Ridge Investments LLC

Key Points

• Oak Ridge Investments LLC significantly increased its stake in Take-Two Interactive Software by 703.1%, acquiring an additional 27,934 shares during the second quarter, bringing their total holdings to $7,749,000.
• Wall Street analysts have positive outlooks for Take-Two, with multiple firms raising their price targets to as high as $300 and maintaining a consensus rating of "Moderate Buy".
• Insiders of Take-Two Interactive completed several sales, with notable transactions occurring on August 21st totaling over $16 million, although insider ownership remains at 1.34%.

Oak Ridge Investments LLC grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 703.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,907 shares of the company's stock after purchasing an additional 27,934 shares during the period. Oak Ridge Investments LLC's holdings in Take-Two Interactive Software were worth $7,749,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. ORG Partners LLC boosted its stake in shares of Take-Two Interactive Software by 115.7% during the 2nd quarter. ORG Partners LLC now owns 110 shares of the company's stock worth $26,000 after purchasing an additional 59 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Take-Two Interactive Software by 101.9% during the 2nd quarter. Blue Trust Inc. now owns 105 shares of the company's stock worth $26,000 after purchasing an additional 53 shares during the last quarter. 1 North Wealth Services LLC acquired a new stake in shares of Take-Two Interactive Software during the 1st quarter worth about $29,000. Game Plan Financial Advisors LLC acquired a new stake in shares of Take-Two Interactive Software during the 1st quarter worth about $31,000. Finally, North Capital Inc. acquired a new stake in shares of Take-Two Interactive Software during the 1st quarter worth about $35,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on TTWO shares. UBS Group raised their price target on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Bank of America raised their target price on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Weiss Ratings reissued a "sell (d)" rating on shares of Take-Two Interactive Software in a research report on Wednesday. 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, DA Davidson raised their target price on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a "buy" rating in a research report on Thursday. Nineteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and a consensus price target of $251.60.

Insider Transactions at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 22,479 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the sale, the insider owned 129,792 shares in the company, valued at $29,523,786.24. This trade represents a 14.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Karl Slatoff sold 48,995 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $227.68, for a total transaction of $11,155,181.60. 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 in the last three months. 1.34% of the stock is owned by company insiders.

Take-Two Interactive Software Trading Down 1.8%

NASDAQ TTWO opened at $251.97 on Friday. Take-Two Interactive Software, Inc. has a one year low of $153.06 and a one year high of $262.19. The company's 50 day moving average price is $241.66 and its 200 day moving average price is $231.66. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16. The firm has a market capitalization of $46.48 billion, a price-to-earnings ratio of -10.53, a PEG ratio of 5.35 and a beta of 1.01.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.61 EPS for the quarter, beating 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 analyst estimates of $1.31 billion. During the same quarter last year, the firm posted ($1.52) earnings per share. Take-Two Interactive Software's revenue for the quarter was up 16.4% compared to the same quarter last year. 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, sell-side analysts predict that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

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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