Landscape Capital Management L.L.C. Purchases New Position in Take-Two Interactive Software, Inc. $TTWO

Landscape Capital Management L.L.C. acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,953 shares of the company’s stock, valued at approximately $738,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TTWO. MCF Advisors LLC purchased a new position in shares of Take-Two Interactive Software in the fourth quarter worth $25,000. Mosley Wealth Management boosted its position in shares of Take-Two Interactive Software by 266.7% during the second quarter. Mosley Wealth Management now owns 110 shares of the company’s stock valued at $27,000 after buying an additional 80 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Take-Two Interactive Software during the second quarter valued at $32,000. Essential Partners LLC boosted its position in shares of Take-Two Interactive Software by 333.3% during the first quarter. Essential Partners LLC now owns 169 shares of the company’s stock valued at $33,000 after buying an additional 130 shares during the last quarter. Finally, Rachor Investment Advisory Services LLC bought a new stake in Take-Two Interactive Software in the 4th quarter worth about $34,000. 95.46% of the stock is owned by institutional investors.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 362 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $88,693.62. Following the sale, the director directly owned 8,357 shares in the company, valued at $2,047,548.57. This represents a 4.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Michael Sheresky sold 127 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $245.01, for a total value of $31,116.27. Following the sale, the director owned 65,368 shares in the company, valued at $16,015,813.68. The trade was a 0.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 610,759 shares of company stock valued at $138,737,789. Corporate insiders own 1.12% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $239.62 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $265.94. The stock’s 50-day moving average price is $241.97 and its 200-day moving average price is $221.75. The stock has a market capitalization of $44.80 billion, a price-to-earnings ratio of -138.51, a price-to-earnings-growth ratio of 1.59 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The firm’s revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.07) earnings per share. 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. Equities research analysts predict that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TTWO. Wedbush reaffirmed an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a report on Monday, August 10th. Wells Fargo & Company boosted their price objective on shares of Take-Two Interactive Software from $289.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Piper Sandler reiterated an “overweight” rating on shares of Take-Two Interactive Software in a research note on Tuesday, June 16th. BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, July 28th. Finally, Raymond James Financial set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $296.95.

Take-Two Interactive Software Profile

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.