Sagespring Wealth Partners LLC Acquires 502 Shares of Take-Two Interactive Software, Inc. $TTWO

Sagespring Wealth Partners LLC lifted its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 36.6% in the second quarter, HoldingsChannel reports. The fund owned 1,873 shares of the company’s stock after buying an additional 502 shares during the period. Sagespring Wealth Partners LLC’s holdings in Take-Two Interactive Software were worth $455,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in Take-Two Interactive Software by 21.4% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 297,783 shares of the company’s stock valued at $72,317,000 after buying an additional 52,524 shares during the last quarter. Ninety One UK Ltd increased its position in Take-Two Interactive Software by 22.8% during the 2nd quarter. Ninety One UK Ltd now owns 1,801,582 shares of the company’s stock valued at $437,514,000 after purchasing an additional 334,946 shares during the period. Clarius Group LLC purchased a new position in Take-Two Interactive Software during the 1st quarter valued at $404,000. Cornerstone Investment Partners LLC increased its position in Take-Two Interactive Software by 14.1% during the 1st quarter. Cornerstone Investment Partners LLC now owns 292,616 shares of the company’s stock valued at $60,645,000 after purchasing an additional 36,112 shares during the period. Finally, Stonebridge Financial Group LLC increased its position in Take-Two Interactive Software by 3,986.2% during the 1st quarter. Stonebridge Financial Group LLC now owns 1,185 shares of the company’s stock valued at $246,000 after purchasing an additional 1,156 shares during the period. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $259.23 on Friday. Take-Two Interactive Software, Inc. has a one year low of $154.03 and a one year high of $264.79. The company’s 50-day moving average is $244.25 and its 200 day moving average is $232.84. The company has a market capitalization of $47.82 billion, a price-to-earnings ratio of -10.83, a price-to-earnings-growth ratio of 5.55 and a beta of 1.01. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.33. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The business’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the firm posted ($1.52) EPS. Take-Two Interactive Software has set its Q2 2026 guidance at 0.850-0.950 EPS. FY 2026 guidance at 2.600-2.850 EPS. Sell-side analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on TTWO shares. Raymond James Financial boosted their price objective on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Zacks Research raised shares of Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 13th. Bank of America upped their target price on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. CICC Research began coverage on shares of Take-Two Interactive Software in a research report on Tuesday, September 30th. They issued an “outperform” rating and a $272.00 target price on the stock. Finally, Wedbush upped their target price on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Nineteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $252.85.

Insider Buying and Selling

In related news, CEO Strauss Zelnick sold 45,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total value of $10,404,000.00. Following the transaction, the chief executive officer owned 281,495 shares of the company’s stock, valued at approximately $65,081,644. This trade represents a 13.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Daniel P. Emerson sold 22,479 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the completion of the transaction, the insider directly owned 129,792 shares in the company, valued at approximately $29,523,786.24. The trade was a 14.76% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 141,411 shares of company stock valued at $32,434,222 in the last 90 days. 1.34% of the stock is owned by insiders.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.