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TriaGen Wealth Management LLC Raises Stock Position in Take-Two Interactive Software, Inc. $TTWO

Take-Two Interactive Software logo with Consumer Discretionary background

Key Points

  • TriaGen Wealth Management LLC significantly increased its stake in Take-Two Interactive Software by 510.7% during Q2, now holding 18,530 shares worth approximately $4.5 million.
  • Institutional investors hold a substantial 95.46% of Take-Two's stock, indicating strong interest and confidence in the company.
  • Analysts have mixed ratings on Take-Two, with a consensus rating of "Moderate Buy" and an average price target of $249.50.
  • Five stocks we like better than Take-Two Interactive Software.

TriaGen Wealth Management LLC raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 510.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,530 shares of the company's stock after purchasing an additional 15,496 shares during the quarter. Take-Two Interactive Software comprises 1.4% of TriaGen Wealth Management LLC's investment portfolio, making the stock its 14th biggest position. TriaGen Wealth Management LLC's holdings in Take-Two Interactive Software were worth $4,500,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Joel Isaacson & Co. LLC lifted its holdings in Take-Two Interactive Software by 3.1% in the second quarter. Joel Isaacson & Co. LLC now owns 1,631 shares of the company's stock valued at $396,000 after acquiring an additional 49 shares during the last quarter. KLP Kapitalforvaltning AS raised its position in Take-Two Interactive Software by 11.3% in the second quarter. KLP Kapitalforvaltning AS now owns 65,200 shares of the company's stock valued at $15,834,000 after purchasing an additional 6,600 shares during the period. Prime Capital Investment Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at $895,000. Highland Capital Management LLC lifted its stake in shares of Take-Two Interactive Software by 0.4% in the 2nd quarter. Highland Capital Management LLC now owns 46,835 shares of the company's stock valued at $11,374,000 after purchasing an additional 177 shares during the last quarter. Finally, Checchi Capital Advisers LLC grew its holdings in shares of Take-Two Interactive Software by 6.5% during the 2nd quarter. Checchi Capital Advisers LLC now owns 1,698 shares of the company's stock worth $412,000 after purchasing an additional 103 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on TTWO. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Take-Two Interactive Software in a research report on Saturday, September 27th. UBS Group upped their price objective on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. 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. Wedbush upped their price target on Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Finally, Citigroup lifted their price objective on Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Nineteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $249.50.

Get Our Latest Research Report on Take-Two Interactive Software

Take-Two Interactive Software Trading Down 0.3%

NASDAQ:TTWO opened at $256.98 on Tuesday. Take-Two Interactive Software, Inc. has a 12-month low of $150.45 and a 12-month high of $261.47. The firm has a market cap of $47.41 billion, a PE ratio of -10.73, a price-to-earnings-growth ratio of 5.47 and a beta of 1.01. 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 stock has a fifty day moving average price of $238.93 and a 200 day moving average price of $230.62.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate 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 positive return on equity of 7.33% and a negative net margin of 72.92%.Take-Two Interactive Software's revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the business earned ($1.52) EPS. 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. Sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Daniel P. Emerson sold 22,479 shares of the firm's stock in a transaction 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 sale, the insider directly owned 129,792 shares in the company, valued at approximately $29,523,786.24. This trade represents a 14.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Karl Slatoff sold 48,995 shares of Take-Two Interactive Software stock in a transaction on Thursday, August 21st. The stock was 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 141,825 shares of company stock valued at $32,532,671 over the last ninety days. 1.34% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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