Take-Two Interactive Software, Inc. $TTWO Shares Sold by Ninety One UK Ltd

Ninety One UK Ltd lowered its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 14.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,053,060 shares of the company’s stock after selling 173,291 shares during the period. Ninety One UK Ltd’s holdings in Take-Two Interactive Software were worth $218,510,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Mather Group LLC. grew its position in shares of Take-Two Interactive Software by 6.1% during the third quarter. Mather Group LLC. now owns 1,819 shares of the company’s stock worth $377,000 after acquiring an additional 104 shares during the last quarter. Strategy Asset Managers LLC raised its position in Take-Two Interactive Software by 2.0% in the 3rd quarter. Strategy Asset Managers LLC now owns 5,450 shares of the company’s stock valued at $1,131,000 after purchasing an additional 105 shares during the last quarter. Sanders Morris Harris LLC purchased a new stake in Take-Two Interactive Software in the 3rd quarter valued at $1,008,000. First Citizens Bank & Trust Co. raised its position in Take-Two Interactive Software by 151.9% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 4,300 shares of the company’s stock valued at $892,000 after purchasing an additional 2,593 shares during the last quarter. Finally, Roberts Wealth Advisors LLC boosted its stake in Take-Two Interactive Software by 2.3% during the 3rd quarter. Roberts Wealth Advisors LLC now owns 28,418 shares of the company’s stock worth $5,897,000 after purchasing an additional 642 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Take-Two Interactive Software news, Director LaVerne Srinivasan sold 362 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $245.01, for a total value of $88,693.62. Following the sale, the director owned 8,357 shares of the company’s stock, valued at approximately $2,047,548.57. This represents a 4.15% 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 917 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $217.65, for a total value of $199,585.05. Following the completion of the transaction, the insider owned 113,071 shares of the company’s stock, valued at approximately $24,609,903.15. This represents a 0.80% 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. Insiders sold a total of 53,302 shares of company stock valued at $12,863,216 in the last 90 days. Insiders own 1.12% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock traded up $8.69 during trading on Thursday, reaching $209.92. The company’s stock had a trading volume of 1,431,682 shares, compared to its average volume of 2,338,489. The company has a quick ratio of 1.06, a current 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 company has a market capitalization of $39.25 billion, a P/E ratio of -121.21, a price-to-earnings-growth ratio of 1.39 and a beta of 0.97. The business has a 50 day moving average price of $219.76 and a 200-day moving average price of $224.03.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.51). The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%. The company’s revenue was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.07) EPS. 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. As a group, sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. Robert W. Baird increased their target price on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Zacks Research downgraded shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Finally, Roth Capital raised their price target on Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $298.89.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc is a global video game publisher and developer headquartered in New York City. Founded in 1993, the company creates and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.

Take-Two operates through well-known publishing labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto and Red Dead Redemption franchises, as well as NBA 2K, WWE 2K, Borderlands, BioShock, Sid Meier’s Civilization and other sports, action, strategy and role-playing titles.