Highland Capital Management LLC Purchases 177 Shares of Take-Two Interactive Software, Inc. $TTWO

Highland Capital Management LLC boosted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.4% in the second quarter, Holdings Channel.com reports. The firm owned 46,835 shares of the company’s stock after buying an additional 177 shares during the quarter. Highland Capital Management LLC’s holdings in Take-Two Interactive Software were worth $11,374,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Checchi Capital Advisers LLC boosted its holdings in shares of Take-Two Interactive Software by 6.5% during the 2nd quarter. Checchi Capital Advisers LLC now owns 1,698 shares of the company’s stock valued at $412,000 after buying an additional 103 shares in the last quarter. LGT Fund Management Co Ltd. lifted its position in Take-Two Interactive Software by 20.2% during the 2nd quarter. LGT Fund Management Co Ltd. now owns 2,175 shares of the company’s stock valued at $528,000 after acquiring an additional 366 shares during the period. Hudson Valley Investment Advisors Inc. ADV bought a new stake in Take-Two Interactive Software during the second quarter worth about $4,996,000. 111 Capital bought a new stake in Take-Two Interactive Software during the second quarter worth about $821,000. Finally, QRG Capital Management Inc. grew its holdings in Take-Two Interactive Software by 9.5% in the second quarter. QRG Capital Management Inc. now owns 23,660 shares of the company’s stock worth $5,746,000 after purchasing an additional 2,046 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on TTWO. Bank of America boosted their price target on Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Citigroup boosted their target price on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Weiss Ratings restated a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Saturday, September 27th. Wedbush upped their price target on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. Finally, CICC Research started coverage on shares of Take-Two Interactive Software in a research note on Tuesday, September 30th. They set an “outperform” rating and a $272.00 price objective for the company. Nineteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and a consensus price target of $249.50.

Take-Two Interactive Software Stock Up 0.3%

TTWO opened at $257.68 on Friday. The firm’s 50 day simple moving average is $238.32 and its two-hundred day simple moving average is $230.17. The company has a market capitalization of $47.53 billion, a PE ratio of -10.76, a PEG ratio of 5.47 and a beta of 1.01. Take-Two Interactive Software, Inc. has a 1-year low of $147.78 and a 1-year high of $261.47. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.28 by $0.33. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.Take-Two Interactive Software’s revenue was up 16.4% on a year-over-year basis. During the same period in the prior year, the business posted ($1.52) EPS. 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, equities analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Insider Activity

In related news, President Karl Slatoff sold 48,995 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $227.68, for a total transaction of $11,155,181.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jon J. Moses sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $239.57, for a total transaction of $239,570.00. Following the sale, the director owned 21,901 shares in the company, valued at approximately $5,246,822.57. The trade was a 4.37% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 141,825 shares of company stock worth $32,532,671. 1.34% of the stock is currently owned by corporate insiders.

About Take-Two Interactive Software

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.