Take-Two Interactive Software, Inc. $TTWO Stock: Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust Reduces Holdings

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust trimmed its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 27.6% during the third quarter, Holdings Channel reports. The firm owned 34,696 shares of the company’s stock after selling 13,214 shares during the quarter. Take-Two Interactive Software makes up approximately 1.8% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s portfolio, making the stock its 25th biggest holding. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings in Take-Two Interactive Software were worth $7,199,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in TTWO. CWA Asset Management Group LLC boosted its holdings in Take-Two Interactive Software by 14.3% during the 3rd quarter. CWA Asset Management Group LLC now owns 993 shares of the company’s stock valued at $206,000 after acquiring an additional 124 shares during the period. IFP Advisors Inc grew its position in Take-Two Interactive Software by 398.2% in the 3rd quarter. IFP Advisors Inc now owns 11,335 shares of the company’s stock valued at $2,352,000 after acquiring an additional 9,060 shares in the last quarter. New England Research & Management Inc. purchased a new stake in Take-Two Interactive Software during the third quarter worth about $472,000. TD Waterhouse Canada Inc. increased its stake in Take-Two Interactive Software by 7.1% during the third quarter. TD Waterhouse Canada Inc. now owns 17,236 shares of the company’s stock worth $3,512,000 after purchasing an additional 1,144 shares during the period. Finally, Pension & Wealth Management Advisors Inc. purchased a new stake in Take-Two Interactive Software during the third quarter worth about $289,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director William B. Gordon sold 10,000 shares of Take-Two Interactive Software stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $202.39, for a total transaction of $2,023,900.00. Following the completion of the sale, the director directly owned 47,187 shares of the company’s stock, valued at $9,550,176.93. The trade was a 17.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director LaVerne Srinivasan sold 362 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 value of $88,693.62. Following the sale, the director directly owned 8,357 shares of the company’s stock, valued at $2,047,548.57. This trade represents a 4.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 53,636 shares of company stock worth $12,930,991. 1.12% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently commented on TTWO. Robert W. Baird raised their price objective on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Roth Capital lifted their price objective on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the company a “buy” rating in a report on Monday, August 10th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Take-Two Interactive Software in a research note on Wednesday, October 14th. JPMorgan Chase & Co. initiated coverage on shares of Take-Two Interactive Software in a report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 target price on the stock. Finally, BTIG Research raised their price target on shares of Take-Two Interactive Software from $293.00 to $313.00 and gave the company a “buy” rating in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and a consensus target price of $298.82.

Take-Two Interactive Software Trading Down 0.2%

TTWO opened at $204.92 on Tuesday. The business has a fifty day moving average price of $217.50 and a 200 day moving average price of $224.30. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $265.94. The stock has a market capitalization of $38.32 billion, a price-to-earnings ratio of -118.45, a PEG ratio of 1.43 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 analysts’ consensus estimates of $0.33 by ($0.51). The company had revenue of $1.53 billion during the quarter, compared to analyst estimates 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%. Take-Two Interactive Software’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the prior year, the business 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. Sell-side analysts expect that Take-Two Interactive Software, Inc. will post 5.25 earnings per share for the current fiscal year.

About Take-Two Interactive Software

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

Take-Two operates through several publishing labels, including Rockstar Games, 2K and Zynga. Its portfolio includes major franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and The Quarry, as well as a broad range of mobile and free-to-play titles.