Voya Investment Management LLC Boosts Holdings in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Voya Investment Management LLC increased its stake in Take-Two Interactive Software by 18.5%, now owning about 0.22% of the company, valued at approximately $82.6 million.
• Take-Two Interactive Software reported a quarterly earnings of $0.61 EPS, significantly surpassing expectations of $0.28 EPS, with revenue of $1.5 billion.
• Several analysts raised their price targets for Take-Two, with Bank of America increasing its target from $260 to $285 and other analysts giving it a consensus rating of "Moderate Buy".

Voya Investment Management LLC raised its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 18.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 398,609 shares of the company's stock after purchasing an additional 62,092 shares during the quarter. Voya Investment Management LLC owned about 0.22% of Take-Two Interactive Software worth $82,612,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. 1 North Wealth Services LLC acquired a new position in Take-Two Interactive Software during the 1st quarter valued at approximately $29,000. Park Square Financial Group LLC acquired a new position in Take-Two Interactive Software during the 4th quarter valued at approximately $28,000. Game Plan Financial Advisors LLC acquired a new position in Take-Two Interactive Software during the 1st quarter valued at approximately $31,000. North Capital Inc. acquired a new position in Take-Two Interactive Software during the 1st quarter valued at approximately $35,000. Finally, Zions Bancorporation National Association UT acquired a new position in Take-Two Interactive Software during the 1st quarter valued at approximately $37,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Insider Activity

In related news, CEO Strauss Zelnick sold 20,000 shares of the stock in a transaction 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Daniel P. Emerson sold 22,479 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the sale, the insider directly owned 129,792 shares in the company, valued at $29,523,786.24. This trade represents a 14.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 141,825 shares of company stock valued at $32,532,671 in the last three months. Corporate insiders own 1.34% of the company's stock.

Wall Street Analysts Forecast Growth

TTWO has been the topic of a number of recent analyst reports. Wedbush upped 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 research note on Friday, August 8th. UBS Group increased 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 research note on Friday, August 8th. JPMorgan Chase & Co. increased their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Wells Fargo & Company began coverage on shares of Take-Two Interactive Software in a research note on Monday, July 28th. They issued an "overweight" rating and a $265.00 price objective on the stock. Finally, Bank of America increased their price objective 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. Eighteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $248.32.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO traded up $1.18 during midday trading on Thursday, reaching $251.70. The company's stock had a trading volume of 657,495 shares, compared to its average volume of 1,946,667. The firm has a market capitalization of $46.43 billion, a PE ratio of -10.51, a P/E/G ratio of 5.24 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 $252.61. The stock has a fifty day moving average of $233.40 and a 200 day moving average of $226.14. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings results 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. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the firm posted ($1.52) earnings per share. The firm's quarterly 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. On average, equities analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal 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.