Take-Two Interactive Software, Inc. $TTWO Holdings Boosted by Totem Point Management LLC

Key Points

• Totem Point Management LLC increased its stake in Take-Two Interactive Software by 3.4% during the first quarter, acquiring an additional 2,034 shares, which now represent 15.9% of its investment portfolio.
• Director Laverne Evans Srinivasan sold 2,325 shares at $227.47, while CEO Strauss Zelnick sold 20,000 shares at $230.69, contributing to a total of 167,467 shares sold by insiders worth over $38 million last quarter.
• Analysts have a consensus "Moderate Buy" rating for the stock, with price targets raised to as high as $275 by JPMorgan, reflecting positive market sentiment about Take-Two's performance and future growth potential.

Totem Point Management LLC boosted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 3.4% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,435 shares of the company's stock after acquiring an additional 2,034 shares during the period. Take-Two Interactive Software comprises about 15.9% of Totem Point Management LLC's investment portfolio, making the stock its 3rd biggest holding. Totem Point Management LLC's holdings in Take-Two Interactive Software were worth $12,940,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Moody Lynn & Lieberson LLC raised its holdings in shares of Take-Two Interactive Software by 0.9% during the first quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company's stock valued at $1,050,000 after buying an additional 45 shares during the last quarter. Brooklyn Investment Group raised its holdings in shares of Take-Two Interactive Software by 8.1% during the first quarter. Brooklyn Investment Group now owns 669 shares of the company's stock valued at $139,000 after buying an additional 50 shares during the last quarter. Adero Partners LLC raised its holdings in shares of Take-Two Interactive Software by 2.9% during the first quarter. Adero Partners LLC now owns 1,784 shares of the company's stock valued at $370,000 after buying an additional 51 shares during the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of Take-Two Interactive Software by 46.0% during the first quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company's stock valued at $38,000 after buying an additional 57 shares during the last quarter. Finally, State of Wyoming raised its holdings in shares of Take-Two Interactive Software by 13.0% during the fourth quarter. State of Wyoming now owns 522 shares of the company's stock valued at $96,000 after buying an additional 60 shares during the last quarter. Institutional investors own 95.46% of the company's stock.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 45,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total value of $10,404,000.00. Following the transaction, the chief executive officer owned 281,495 shares in the company, valued at approximately $65,081,644. The trade was a 13.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jon J. Moses sold 1,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $231.33, for a total transaction of $231,330.00. Following the completion of the transaction, the director owned 22,901 shares in the company, valued at approximately $5,297,688.33. This trade represents a 4.18% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 167,467 shares of company stock valued at $38,284,706 in the last 90 days. 1.34% of the stock is owned by corporate insiders.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock traded down $1.63 during mid-day trading on Friday, hitting $233.27. The company's stock had a trading volume of 988,982 shares, compared to its average volume of 1,808,438. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $43.03 billion, a P/E ratio of -9.74, a P/E/G ratio of 5.87 and a beta of 1.00. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $245.07. The stock's fifty day moving average price is $232.68 and its two-hundred day moving average price is $223.38.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted 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. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on TTWO. JPMorgan Chase & Co. lifted their price target on Take-Two Interactive Software from $250.00 to $275.00 and gave the company an "overweight" rating in a report on Friday, August 8th. Citigroup boosted their target price on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Bank of America boosted their target price 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. Zacks Research raised Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 13th. Finally, UBS Group boosted their target price on Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Eighteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target 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.