Wellington Management Group LLP Increases Stake in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Wellington Management Group LLP increased its stake in Take-Two Interactive Software by 10.6% during the first quarter, now holding 415,401 shares worth approximately $86 million.
• Several analysts have raised their price targets for Take-Two Interactive, with Bank of America setting a new target of $285 and a consensus rating of "Moderate Buy."
• Take-Two reported a quarterly EPS of $0.61, exceeding analyst expectations and reflecting a 16.4% year-over-year revenue growth.

Wellington Management Group LLP grew its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 10.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 415,401 shares of the company's stock after buying an additional 39,972 shares during the quarter. Wellington Management Group LLP owned 0.24% of Take-Two Interactive Software worth $86,092,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clarius Group LLC purchased a new position in shares of Take-Two Interactive Software in the 1st quarter valued at about $404,000. Mackenzie Financial Corp raised its position in shares of Take-Two Interactive Software by 13.2% during the 4th quarter. Mackenzie Financial Corp now owns 15,698 shares of the company's stock worth $2,890,000 after acquiring an additional 1,833 shares in the last quarter. Cornerstone Investment Partners LLC raised its position in shares of Take-Two Interactive Software by 14.1% during the 1st quarter. Cornerstone Investment Partners LLC now owns 292,616 shares of the company's stock worth $60,645,000 after acquiring an additional 36,112 shares in the last quarter. Stonebridge Financial Group LLC raised its position in shares of Take-Two Interactive Software by 3,986.2% during the 1st quarter. Stonebridge Financial Group LLC now owns 1,185 shares of the company's stock worth $246,000 after acquiring an additional 1,156 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Take-Two Interactive Software by 8.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,810 shares of the company's stock worth $2,910,000 after acquiring an additional 1,231 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Robert W. Baird raised their target price on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Raymond James Financial raised their target price on Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. Benchmark raised their target price on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Citigroup raised their target price on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Finally, Bank of America raised their price target on 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 investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and a consensus price target of $245.60.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 198 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $233.47, for a total transaction of $46,227.06. Following the completion of the sale, the director directly owned 64,996 shares of the company's stock, valued at approximately $15,174,616.12. This trade represents a 0.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ellen F. Siminoff sold 414 shares of the stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $237.80, for a total value of $98,449.20. Following the transaction, the director directly owned 3,290 shares of the company's stock, valued at approximately $782,362. This trade represents a 11.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 461,990 shares of company stock worth $104,292,000 in the last ninety days. Company insiders own 1.34% of the company's stock.

Take-Two Interactive Software Stock Down 0.3%

Take-Two Interactive Software stock opened at $227.87 on Friday. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $245.07. The stock has a 50 day moving average of $233.27 and a two-hundred day moving average of $221.75. 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 $42.04 billion, a price-to-earnings ratio of -9.52, a PEG ratio of 5.75 and a beta of 0.99.

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 for the quarter, topping analysts' consensus estimates of $0.28 by $0.33. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The company had revenue of $1,503,800 billion during the quarter, compared to analysts' expectations of $1.31 billion. During the same period last year, the firm earned ($1.52) EPS. The firm's revenue for the quarter 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, research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Take-Two Interactive Software Company 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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