Take-Two Interactive Software, Inc. $TTWO Shares Sold by DoubleLine ETF Adviser LP

Key Points

• DoubleLine ETF Adviser LP reduced its stake in Take-Two Interactive Software by 24.5%, now holding 18,657 shares worth approximately $3.87 million after selling 6,066 shares during the first quarter.
• Several hedge funds, including Park Square Financial and North Capital, have initiated new positions in Take-Two Interactive Software, reflecting increasing institutional interest.
• Analysts recommend Take-Two Interactive with an average rating of "Moderate Buy" and have raised price targets significantly, with UBS increasing its target to $285.00.

DoubleLine ETF Adviser LP decreased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 24.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,657 shares of the company's stock after selling 6,066 shares during the quarter. Take-Two Interactive Software comprises about 1.3% of DoubleLine ETF Adviser LP's investment portfolio, making the stock its 19th biggest position. DoubleLine ETF Adviser LP's holdings in Take-Two Interactive Software were worth $3,867,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in TTWO. AQR Capital Management LLC boosted its holdings in shares of Take-Two Interactive Software by 8.3% during the fourth quarter. AQR Capital Management LLC now owns 22,414 shares of the company's stock worth $4,126,000 after purchasing an additional 1,712 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in shares of Take-Two Interactive Software by 8.2% during the fourth quarter. Benjamin Edwards Inc. now owns 2,001 shares of the company's stock worth $368,000 after purchasing an additional 152 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of Take-Two Interactive Software by 36.6% during the fourth quarter. Baird Financial Group Inc. now owns 2,392 shares of the company's stock worth $440,000 after purchasing an additional 641 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Take-Two Interactive Software by 27.1% during the fourth quarter. Captrust Financial Advisors now owns 14,763 shares of the company's stock worth $2,718,000 after purchasing an additional 3,145 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Take-Two Interactive Software by 15.8% during the fourth quarter. Cetera Investment Advisers now owns 19,379 shares of the company's stock worth $3,567,000 after purchasing an additional 2,642 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Down 0.4%

NASDAQ:TTWO traded down $0.97 during mid-day trading on Friday, hitting $239.68. The company had a trading volume of 979,291 shares, compared to its average volume of 1,653,426. The business has a fifty day simple moving average of $232.40 and a 200-day simple moving average of $224.22. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. Take-Two Interactive Software, Inc. has a 1 year low of $146.76 and a 1 year high of $245.07. The firm has a market capitalization of $44.21 billion, a price-to-earnings ratio of -10.01, a PEG ratio of 6.03 and a beta of 1.00.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings data 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 positive return on equity of 7.33% and a negative net margin of 72.92%.The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the company posted ($1.52) earnings per share. The firm's revenue 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. Equities analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Insider Activity

In other Take-Two Interactive Software news, Director Jon J. Moses sold 1,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $239.57, for a total value of $239,570.00. Following the completion of the transaction, the director directly owned 21,901 shares in the company, valued at $5,246,822.57. The trade was a 4.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 value of $5,113,298.13. Following the completion of the transaction, the insider owned 129,792 shares of the company's stock, valued at approximately $29,523,786.24. The trade was a 14.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have 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.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Bank of America raised 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 increased their target price on Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. Morgan Stanley increased their target price on Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a research report on Monday, May 19th. UBS Group increased their target price on Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Finally, DA Davidson increased their target price on Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Eighteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $248.32.

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.