Verdence Capital Advisors LLC Has $8.35 Million Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Verdence Capital Advisors LLC increased its stake in Take-Two Interactive Software by 39.5% in the second quarter, holding $8.35 million in stock as of the latest SEC filing.
• Take-Two Interactive Software reported earnings of $0.61 per share, exceeding estimates by $0.33, with revenue growing by 16.4% year-over-year to $1.50 billion.
• Institutional investors own approximately 95.46% of Take-Two's stock, with several hedge funds also boosting their holdings in the company recently.

Verdence Capital Advisors LLC grew its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 39.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,371 shares of the company's stock after purchasing an additional 9,740 shares during the quarter. Verdence Capital Advisors LLC's holdings in Take-Two Interactive Software were worth $8,347,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. GAMMA Investing LLC boosted its holdings in shares of Take-Two Interactive Software by 33.5% during the first quarter. GAMMA Investing LLC now owns 3,345 shares of the company's stock worth $693,000 after acquiring an additional 839 shares during the period. CX Institutional boosted its stake in Take-Two Interactive Software by 17.8% in the 1st quarter. CX Institutional now owns 1,563 shares of the company's stock valued at $324,000 after purchasing an additional 236 shares during the period. Simon Quick Advisors LLC grew its holdings in Take-Two Interactive Software by 4.0% in the 1st quarter. Simon Quick Advisors LLC now owns 1,681 shares of the company's stock valued at $348,000 after buying an additional 64 shares in the last quarter. Dynamic Advisor Solutions LLC bought a new position in Take-Two Interactive Software during the 1st quarter worth $317,000. Finally, Conway Capital Management Inc. acquired a new stake in shares of Take-Two Interactive Software during the first quarter worth $297,000. Institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $251.97 on Monday. 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 market capitalization of $46.48 billion, a P/E ratio of -10.53, a price-to-earnings-growth ratio of 5.35 and a beta of 1.01. The firm's fifty day simple moving average is $241.66 and its two-hundred day simple moving average is $231.78. Take-Two Interactive Software, Inc. has a 12 month low of $153.06 and a 12 month high of $262.19.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its 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. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period in the prior year, the firm earned ($1.52) earnings per share. Take-Two Interactive Software's revenue was up 16.4% on a year-over-year basis. 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. As a group, analysts predict that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Strauss Zelnick sold 20,000 shares of the stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $230.69, for a total transaction of $4,613,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 of the company's stock, 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 sold a total of 141,825 shares of company stock worth $32,532,671 in the last three months. 1.34% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TTWO. UBS Group lifted their price target on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the company 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 note on Wednesday, October 8th. Zacks Research upgraded shares of Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. JPMorgan Chase & Co. increased their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Finally, Bank of America boosted 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 note on Friday, August 8th. Nineteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $251.60.

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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