Sanctuary Advisors LLC Purchases Shares of 5,612 Take-Two Interactive Software, Inc. $TTWO

Sanctuary Advisors LLC acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,612 shares of the company’s stock, valued at approximately $1,403,000.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in Take-Two Interactive Software during the second quarter worth approximately $4,560,679,000. State Street Corp lifted its position in shares of Take-Two Interactive Software by 3.5% during the 4th quarter. State Street Corp now owns 11,402,978 shares of the company’s stock worth $2,919,362,000 after buying an additional 390,331 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Take-Two Interactive Software by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 4,869,112 shares of the company’s stock worth $1,242,204,000 after buying an additional 60,893 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Take-Two Interactive Software by 0.6% in the 4th quarter. Invesco Ltd. now owns 2,889,144 shares of the company’s stock valued at $739,707,000 after buying an additional 16,758 shares in the last quarter. Finally, Norges Bank acquired a new stake in Take-Two Interactive Software during the 4th quarter worth $735,389,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Insider Activity

In other news, President Karl Slatoff sold 208,969 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $227.34, for a total transaction of $47,507,012.46. Following the completion of the transaction, the president directly owned 1,006,021 shares of the company’s stock, valued at approximately $228,708,814.14. This represents a 17.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jon J. Moses sold 500 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $244.61, for a total value of $122,305.00. Following the completion of the sale, the director owned 21,868 shares in the company, valued at approximately $5,349,131.48. This trade represents a 2.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 540,759 shares of company stock valued at $123,183,789 over the last ninety days. 1.12% of the stock is currently owned by company insiders.

Take-Two Interactive Software Trading Up 0.2%

NASDAQ:TTWO opened at $233.45 on Thursday. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $265.94. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52. The stock’s 50 day simple moving average is $242.48 and its 200-day simple moving average is $222.41. The firm has a market cap of $43.65 billion, a P/E ratio of -134.94, a PEG ratio of 1.55 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The firm had revenue of $1.53 billion during the quarter, compared to analysts’ expectations 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 business’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter last year, the business earned ($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 analysts anticipate that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. DA Davidson restated a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Monday, August 10th. BTIG Research raised their price target on 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. Oppenheimer lifted their price target on Take-Two Interactive Software from $265.00 to $280.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Roth Capital increased their price objective on Take-Two Interactive Software from $295.00 to $300.00 and gave the company a “buy” rating in a report on Monday, August 10th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Take-Two Interactive Software has a consensus rating of “Buy” and a consensus target price 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.