Kornitzer Capital Management Inc. KS lessened its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 25.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,000 shares of the company’s stock after selling 2,000 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Take-Two Interactive Software were worth $1,457,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. AG2R LA Mondiale Gestion D Actifs lifted its holdings in shares of Take-Two Interactive Software by 2.8% in the 2nd quarter. AG2R LA Mondiale Gestion D Actifs now owns 6,806 shares of the company’s stock worth $1,653,000 after acquiring an additional 187 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its position in Take-Two Interactive Software by 26.6% in the second quarter. Focus Partners Advisor Solutions LLC now owns 1,529 shares of the company’s stock valued at $371,000 after purchasing an additional 321 shares during the period. Sage Mountain Advisors LLC lifted its stake in Take-Two Interactive Software by 13.2% during the second quarter. Sage Mountain Advisors LLC now owns 1,108 shares of the company’s stock worth $269,000 after purchasing an additional 129 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Take-Two Interactive Software by 3.3% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 436,274 shares of the company’s stock worth $105,949,000 after buying an additional 13,917 shares during the period. Finally, Asset Management One Co. Ltd. grew its stake in shares of Take-Two Interactive Software by 3.3% in the second quarter. Asset Management One Co. Ltd. now owns 74,071 shares of the company’s stock valued at $17,988,000 after buying an additional 2,398 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
TTWO has been the topic of several research reports. Wedbush increased their target price on Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. DA Davidson boosted their price target on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. JPMorgan Chase & Co. raised their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company an “overweight” rating in a research note 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 note on Wednesday, August 13th. Finally, Wall Street Zen upgraded shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating in a report on Saturday. Twenty equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and a consensus price target of $254.14.
Take-Two Interactive Software Trading Up 0.2%
Shares of NASDAQ:TTWO opened at $255.12 on Monday. Take-Two Interactive Software, Inc. has a 52 week low of $158.65 and a 52 week high of $264.79. The company’s 50 day moving average is $247.75 and its two-hundred day moving average is $235.58. The company has a market cap of $47.06 billion, a PE ratio of -10.66, a P/E/G ratio of 5.41 and a beta of 1.01. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.33. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations 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 company’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same period in the previous year, the company earned ($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. Equities analysts predict that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.
Insider Buying and Selling at Take-Two Interactive Software
In related news, insider Daniel P. Emerson sold 22,479 shares of the business’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 sale, the insider owned 129,792 shares in the company, valued at $29,523,786.24. The trade was a 14.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total value of $528,867.75. Following the completion of the transaction, the director directly owned 9,063 shares of the company’s stock, valued at $2,061,560.61. This trade represents a 20.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 141,822 shares of company stock worth $32,540,844. Corporate insiders own 1.34% of the company’s stock.
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.
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