Take-Two Interactive Software, Inc. $TTWO Stake Reduced by Rip Road Capital Partners LP

Key Points

• Rip Road Capital Partners LP has reduced its stake in Take-Two Interactive Software by 20.6%, currently holding 51,690 shares valued at approximately $10.71 million.
• Insider selling has been notable, with directors Jon J. Moses and Laverne Evans Srinivasan reducing their positions by 4.37% and 20.42%, respectively, in recent transactions.
• Take-Two Interactive has received multiple analysts' upgrades, with revised price targets now ranging from $260.00 to $275.00, reflecting a consensus rating of "Moderate Buy."

Rip Road Capital Partners LP trimmed its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 20.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 51,690 shares of the company's stock after selling 13,447 shares during the quarter. Take-Two Interactive Software comprises about 11.8% of Rip Road Capital Partners LP's holdings, making the stock its biggest holding. Rip Road Capital Partners LP's holdings in Take-Two Interactive Software were worth $10,713,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of TTWO. Park Square Financial Group LLC purchased a new stake in Take-Two Interactive Software during the 4th quarter valued at about $28,000. 1 North Wealth Services LLC purchased a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at about $29,000. North Capital Inc. purchased a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at about $35,000. Graybill Wealth Management LTD. purchased a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at about $37,000. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at about $37,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Jon J. Moses sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $239.57, for a total transaction of $239,570.00. Following the sale, the director owned 21,901 shares in the company, valued at approximately $5,246,822.57. This trade represents a 4.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the firm's stock in a transaction that occurred 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 owned 9,063 shares in the company, valued at approximately $2,061,560.61. The trade was a 20.42% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 141,411 shares of company stock worth $32,430,724 in the last 90 days. Insiders own 1.34% of the company's stock.

Analyst Ratings Changes

TTWO has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company an "overweight" rating in a report on Friday, August 8th. Wedbush raised their price target 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. Raymond James Financial raised their price target on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Wells Fargo & Company started coverage on shares of Take-Two Interactive Software in a report on Monday, July 28th. They set an "overweight" rating and a $265.00 price target on the stock. Finally, Morgan Stanley increased their target price on Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, May 19th. Eighteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and an average price target of $248.32.

Take-Two Interactive Software Stock Performance

TTWO opened at $239.68 on Friday. 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 company has a market cap of $44.21 billion, a price-to-earnings ratio of -10.01, a PEG ratio of 6.05 and a beta of 1.00. The company's 50 day moving average is $232.40 and its 200 day moving average is $224.16. Take-Two Interactive Software, Inc. has a 12-month low of $146.76 and a 12-month high of $245.07.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.33. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The firm's revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the firm 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. On average, equities research 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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