Park Avenue Securities LLC increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 29.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,263 shares of the company’s stock after buying an additional 745 shares during the quarter. Park Avenue Securities LLC’s holdings in Take-Two Interactive Software were worth $792,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avanza Fonder AB grew its stake in shares of Take-Two Interactive Software by 1.7% in the second quarter. Avanza Fonder AB now owns 9,941 shares of the company’s stock worth $2,414,000 after acquiring an additional 169 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in shares of Take-Two Interactive Software in the second quarter valued at about $340,000. Farther Finance Advisors LLC raised its holdings in shares of Take-Two Interactive Software by 21.4% in the second quarter. Farther Finance Advisors LLC now owns 663 shares of the company’s stock valued at $161,000 after buying an additional 117 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in Take-Two Interactive Software by 107.8% during the second quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company’s stock worth $243,222,000 after purchasing an additional 519,518 shares in the last quarter. Finally, IFM Investors Pty Ltd raised its holdings in Take-Two Interactive Software by 7.6% during the second quarter. IFM Investors Pty Ltd now owns 32,932 shares of the company’s stock worth $7,998,000 after purchasing an additional 2,332 shares in the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on TTWO. Citigroup increased their target price on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. 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. Wells Fargo & Company assumed coverage on shares of Take-Two Interactive Software in a research report on Monday, July 28th. They set an “overweight” rating and a $265.00 target price on the stock. Raymond James Financial raised their target price on shares of 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. Finally, Bank of America lifted their price target on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 8th. Eighteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and a consensus target price of $248.32.
Insider Buying and Selling
In other news, CEO Strauss Zelnick sold 20,000 shares of the business’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $230.69, for a total value of $4,613,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Daniel P. Emerson sold 22,479 shares of the business’s stock in a transaction dated 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 completion of the sale, the insider directly owned 129,792 shares of the company’s stock, valued at $29,523,786.24. The trade was a 14.76% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 141,825 shares of company stock worth $32,532,671. 1.34% of the stock is currently owned by insiders.
Take-Two Interactive Software Stock Performance
Take-Two Interactive Software stock opened at $256.12 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $146.76 and a 12-month high of $258.10. The company has a market capitalization of $47.25 billion, a price-to-earnings ratio of -10.70, a price-to-earnings-growth ratio of 5.43 and a beta of 1.00. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The firm’s fifty day moving average price is $235.39 and its 200 day moving average price is $228.36.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its quarterly 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 firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the previous year, the firm posted ($1.52) EPS. The firm’s quarterly 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. On average, research analysts forecast 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.
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