Daiichi Life Insurance Co. Ltd. Makes New $784,000 Investment in Take-Two Interactive Software, Inc. $TTWO

Daiichi Life Insurance Co. Ltd. bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 3,135 shares of the company’s stock, valued at approximately $784,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in Take-Two Interactive Software by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 21,868,194 shares of the company’s stock worth $5,598,914,000 after purchasing an additional 166,661 shares during the period. BlackRock Inc. bought a new position in Take-Two Interactive Software in the second quarter worth $4,560,679,000. State Street Corp lifted its position in Take-Two Interactive Software by 3.5% during the fourth quarter. State Street Corp now owns 11,402,978 shares of the company’s stock valued at $2,919,362,000 after buying an additional 390,331 shares during the period. Geode Capital Management LLC lifted its position in Take-Two Interactive Software by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 4,869,112 shares of the company’s stock valued at $1,242,204,000 after buying an additional 60,893 shares during the period. Finally, Invesco Ltd. boosted its holdings in shares of Take-Two Interactive Software by 0.6% during 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. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $233.50 on Tuesday. Take-Two Interactive Software, Inc. has a 1-year low of $187.63 and a 1-year high of $265.94. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. The business has a fifty day moving average price of $242.32 and a 200-day moving average price of $221.90. The company has a market capitalization of $43.66 billion, a PE ratio of -134.97, a PEG ratio of 1.59 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last posted 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 company 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%.Take-Two Interactive Software’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period in the prior year, the firm 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, equities analysts expect that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 40,000 shares of Take-Two Interactive Software stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $252.64, for a total value of $10,105,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Sheresky sold 127 shares of Take-Two Interactive Software stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $31,116.27. Following the completion of the transaction, the director directly owned 65,368 shares of the company’s stock, valued at $16,015,813.68. This trade represents a 0.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 540,759 shares of company stock worth $123,183,789 in the last 90 days. Insiders own 1.12% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on TTWO shares. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Roth Capital upped their price objective on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Oppenheimer raised their target price on shares of Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Wells Fargo & Company lifted their target price 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. Finally, Bank of America boosted their price target on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $296.95.

Take-Two Interactive Software Company 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.