Westwind Capital Acquires New Stake in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Westwind Capital acquired 7,763 shares of Take-Two Interactive Software in the third quarter, valued at approximately $1.61 million. Institutional investors and hedge funds collectively own 95.46% of the company.
• Wall Street remains broadly positive on TTWO, with an average rating of “Moderate Buy” and an average price target of $298.89, despite one analyst downgrade to “Hold.”
• Take-Two shares recently traded at $209.37, below their 50- and 200-day moving averages. The company missed quarterly EPS estimates but exceeded revenue expectations with $1.53 billion in revenue.

Westwind Capital bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 7,763 shares of the company's stock, valued at approximately $1,611,000.

A number of other large investors have also made changes to their positions in the business. Mayflower Financial Advisors LLC increased its holdings in shares of Take-Two Interactive Software by 3.6% during the first quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company's stock valued at $269,000 after acquiring an additional 48 shares in the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. boosted its stake in Take-Two Interactive Software by 5.7% in the 1st quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company's stock worth $190,000 after purchasing an additional 52 shares in the last quarter. Beacon Financial Advisory LLC grew its position in Take-Two Interactive Software by 3.7% during the 2nd quarter. Beacon Financial Advisory LLC now owns 1,697 shares of the company's stock worth $424,000 after purchasing an additional 60 shares during the last quarter. Trust Asset Management LLC grew its position in Take-Two Interactive Software by 3.5% during the 2nd quarter. Trust Asset Management LLC now owns 1,881 shares of the company's stock worth $470,000 after purchasing an additional 63 shares during the last quarter. Finally, Washington Trust Advisors Inc. increased its stake in Take-Two Interactive Software by 116.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 119 shares of the company's stock valued at $30,000 after purchasing an additional 64 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director LaVerne Srinivasan sold 362 shares of Take-Two Interactive Software stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $245.01, for a total value of $88,693.62. Following the completion of the transaction, the director owned 8,357 shares in the company, valued at $2,047,548.57. The trade was a 4.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ellen Siminoff sold 334 shares of the company's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $219.53, for a total value of $73,323.02. Following the completion of the transaction, the director directly owned 1,499 shares of the company's stock, valued at $329,075.47. The trade was a 18.22% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 53,302 shares of company stock worth $12,863,216. 1.12% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

TTWO has been the subject of several research reports. BTIG Research lifted their price objective on shares of Take-Two Interactive Software from $293.00 to $313.00 and gave the stock a "buy" rating in a research note on Monday, August 10th. Raymond James Financial set a $300.00 price target on Take-Two Interactive Software in a research note on Thursday, August 6th. Wells Fargo & Company raised their price objective on Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an "overweight" rating in a research note on Monday, August 10th. UBS Group set a $310.00 target price on Take-Two Interactive Software in a research report on Monday, September 28th. Finally, Zacks Research cut shares of Take-Two Interactive Software from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $298.89.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO traded up $5.36 during trading hours on Thursday, reaching $209.37. The company had a trading volume of 2,709,875 shares, compared to its average volume of 2,332,050. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. Take-Two Interactive Software, Inc. has a 1-year low of $187.63 and a 1-year high of $265.94. The business's 50 day moving average price is $223.31 and its 200-day moving average price is $223.66. The firm has a market cap of $39.15 billion, a PE ratio of -121.02, a price-to-earnings-growth ratio of 1.41 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of $0.33 by ($0.51). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same period in the previous year, the business earned ($0.07) EPS. Take-Two Interactive Software's revenue for the quarter was down 2.1% compared to the same quarter last year. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Research analysts forecast that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc is a global video game publisher and developer headquartered in New York City. Founded in 1993, the company creates and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.

Take-Two operates through well-known publishing labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto and Red Dead Redemption franchises, as well as NBA 2K, WWE 2K, Borderlands, BioShock, Sid Meier's Civilization and other sports, action, strategy and role-playing titles.

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