21,156 Shares in Take-Two Interactive Software, Inc. $TTWO Purchased by Polymer Capital Management HK LTD

Polymer Capital Management HK LTD acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 21,156 shares of the company’s stock, valued at approximately $5,289,000.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Take-Two Interactive Software in the second quarter worth about $4,560,679,000. Norges Bank acquired a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $735,389,000. Bank of New York Mellon Corp acquired a new stake in shares of Take-Two Interactive Software during the second quarter valued at approximately $234,774,000. Deutsche Bank AG purchased a new stake in shares of Take-Two Interactive Software in the 2nd quarter valued at approximately $205,858,000. Finally, AQR Capital Management LLC lifted its position in shares of Take-Two Interactive Software by 162.1% in the 4th quarter. AQR Capital Management LLC now owns 1,138,738 shares of the company’s stock valued at $291,551,000 after acquiring an additional 704,316 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on TTWO. BTIG Research raised 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. DA Davidson restated a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday, August 10th. Oppenheimer increased their target price on Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Roth Capital raised their target price on Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Take-Two Interactive Software presently has a consensus rating of “Buy” and a consensus price target of $296.95.

Take-Two Interactive Software Stock Performance

TTWO stock opened at $239.62 on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market cap of $44.80 billion, a P/E ratio of -138.51, a P/E/G ratio of 1.59 and a beta of 0.97. The firm has a 50 day simple moving average of $241.97 and a 200 day simple moving average of $221.75. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the prior year, the company posted ($0.07) EPS. The firm’s quarterly revenue 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 anticipate that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

Insider Activity at Take-Two Interactive Software

In related news, Director Michael Dornemann sold 1,151 shares of Take-Two Interactive Software stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $217.02, for a total transaction of $249,790.02. Following the completion of the sale, the director owned 20,374 shares of the company’s stock, valued at approximately $4,421,565.48. This trade represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Daniel P. Emerson sold 21,102 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $219.61, for a total value of $4,634,210.22. Following the completion of the transaction, the insider owned 131,668 shares in the company, valued at $28,915,609.48. This trade represents a 13.81% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 610,759 shares of company stock valued at $138,737,789. Insiders own 1.12% of the company’s stock.

About Take-Two Interactive Software

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.