Take-Two Interactive Software, Inc. $TTWO Shares Acquired by Empirical Capital Management LLC

Empirical Capital Management LLC lifted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 380.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 391,376 shares of the company’s stock after buying an additional 309,876 shares during the quarter. Take-Two Interactive Software accounts for 26.7% of Empirical Capital Management LLC’s portfolio, making the stock its biggest holding. Empirical Capital Management LLC owned 0.21% of Take-Two Interactive Software worth $97,835,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TTWO. Ticino Wealth raised its position in Take-Two Interactive Software by 75.5% in the second quarter. Ticino Wealth now owns 4,723 shares of the company’s stock worth $1,181,000 after acquiring an additional 2,032 shares in the last quarter. KRS Capital Management LLC acquired a new stake in Take-Two Interactive Software in the second quarter valued at $202,000. Mission Wealth Management LP purchased a new stake in shares of Take-Two Interactive Software during the 2nd quarter worth $589,000. Trust Asset Management LLC boosted its position in shares of Take-Two Interactive Software by 3.5% during the 2nd quarter. Trust Asset Management LLC now owns 1,881 shares of the company’s stock worth $470,000 after purchasing an additional 63 shares in the last quarter. Finally, Tema ETFs LLC grew its stake in shares of Take-Two Interactive Software by 5.8% during the 2nd quarter. Tema ETFs LLC now owns 2,661 shares of the company’s stock worth $665,000 after purchasing an additional 145 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. DA Davidson reiterated a “buy” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a report on Monday. Wells Fargo & Company boosted their price objective on shares of Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday. BTIG Research upped their target price on shares of Take-Two Interactive Software from $293.00 to $313.00 and gave the stock a “buy” rating in a research report on Monday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. Finally, UBS Group reiterated a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of “Buy” and a consensus price target of $296.95.

Take-Two Interactive Software News Summary

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: JPMorgan initiated coverage with an Overweight rating and a $310 price target, implying substantial upside from recent levels. DA Davidson reiterated its Buy rating, Wedbush assigned an Outperform rating, and Roth Capital raised its target to $300. The bullish view is centered on the potential commercial impact of GTA VI and Take-Two’s growing recurring-revenue base. JPMorgan coverage article DA Davidson rating article Wedbush rating article Roth Capital price target article
• Positive Sentiment: Institutional ownership remains strong, with BlackRock, Norges Bank, Bank of New York Mellon and Deutsche Bank recently establishing positions, while AQR Capital increased its stake. Such buying can reinforce confidence in Take-Two’s long-term outlook.
• Neutral Sentiment: Reported short interest was listed at zero shares, producing a zero-day short-interest ratio. Because the data appears internally inconsistent, it offers little useful trading information.
• Negative Sentiment: CEO Strauss Zelnick sold 40,000 TTWO shares for approximately $10.1 million at an average price of $252.64. The sale may be routine, but it can weigh on sentiment, particularly after additional sizable sales reported in May and June. CEO insider sale article
• Negative Sentiment: Take-Two’s latest quarter included an adjusted EPS loss of $0.18, below the $0.33 consensus estimate, despite revenue of $1.53 billion exceeding expectations. Revenue also declined 2.1% year over year, leaving investors focused on execution and whether GTA VI expectations are already reflected in the stock’s elevated valuation.

Insider Buying and Selling

In other Take-Two Interactive Software news, President Karl Slatoff sold 208,969 shares of the stock in a transaction 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 sale, the president owned 1,006,021 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Strauss Zelnick sold 208,969 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $227.34, for a total value of $47,507,012.46. Following the transaction, the chief executive officer directly owned 1,006,021 shares of the company’s stock, valued at $228,708,814.14. The trade was a 17.20% 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 have sold 609,936 shares of company stock valued at $138,537,038. 1.12% of the stock is currently owned by company insiders.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $243.00 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.24 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $45.44 billion, a P/E ratio of -140.46, a price-to-earnings-growth ratio of 1.70 and a beta of 0.97. The firm has a 50-day moving average price of $237.98 and a two-hundred day moving average price of $221.55. Take-Two Interactive Software, Inc. has a twelve month low of $187.63 and a twelve month high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings results 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 negative net margin of 4.79% and a positive return on equity of 12.25%. The firm’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period last year, the company earned ($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, research analysts expect that Take-Two Interactive Software, Inc. will post 5.38 earnings per share for the current fiscal year.

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.