Howard Capital Management Inc. grew its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 20.7% in the second quarter, HoldingsChannel reports. The fund owned 1,176 shares of the company’s stock after buying an additional 202 shares during the period. Howard Capital Management Inc.’s holdings in Take-Two Interactive Software were worth $286,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of TTWO. Mather Group LLC. boosted its position in shares of Take-Two Interactive Software by 7.9% in the first quarter. Mather Group LLC. now owns 1,284 shares of the company’s stock valued at $266,000 after acquiring an additional 94 shares during the period. Vontobel Holding Ltd. lifted its position in Take-Two Interactive Software by 2.8% during the first quarter. Vontobel Holding Ltd. now owns 46,477 shares of the company’s stock worth $9,632,000 after purchasing an additional 1,273 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Take-Two Interactive Software by 14.9% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,257 shares of the company’s stock worth $4,406,000 after purchasing an additional 2,758 shares during the period. Teacher Retirement System of Texas lifted its position in Take-Two Interactive Software by 1,464.5% during the first quarter. Teacher Retirement System of Texas now owns 25,673 shares of the company’s stock worth $5,321,000 after purchasing an additional 24,032 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its position in Take-Two Interactive Software by 0.8% during the first quarter. Oregon Public Employees Retirement Fund now owns 14,102 shares of the company’s stock worth $2,923,000 after purchasing an additional 110 shares during the period. Institutional investors own 95.46% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently weighed in on TTWO shares. Wells Fargo & Company upped their price objective on shares of Take-Two Interactive Software from $270.00 to $277.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. JPMorgan Chase & Co. upped their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. Cowen reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Thursday, October 23rd. Wall Street Zen raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating in a report on Saturday, October 25th. Finally, UBS Group increased their target price on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $254.14.
Insiders Place Their Bets
In related news, insider Daniel P. Emerson sold 22,479 shares of the firm’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 $5,113,298.13. Following the completion of the transaction, the insider owned 129,792 shares in the company, valued at $29,523,786.24. This trade represents a 14.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the firm’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 transaction of $528,867.75. Following the completion of the transaction, the director owned 9,063 shares of the company’s stock, valued at approximately $2,061,560.61. This trade represents a 20.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 141,822 shares of company stock worth $32,540,844 over the last quarter. 1.34% of the stock is currently owned by corporate insiders.
Take-Two Interactive Software Stock Performance
Shares of TTWO stock opened at $252.78 on Friday. The business’s 50-day moving average price is $249.61 and its 200-day moving average price is $236.62. Take-Two Interactive Software, Inc. has a 12 month low of $160.83 and a 12 month high of $264.79. The firm has a market capitalization of $46.63 billion, a price-to-earnings ratio of -10.56, a PEG ratio of 5.10 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 issued its quarterly earnings data 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 business had revenue of $1.50 billion during the quarter, compared to analyst estimates 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 firm’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the business 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 research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.
About Take-Two Interactive Software
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.
See Also
- Five stocks we like better than Take-Two Interactive Software
- Why Invest in High-Yield Dividend Stocks?
- Why Microsoft’s Post-Earnings Dip Is a Buy-the-Pause Moment
- What Are Dividend Champions? How to Invest in the Champions
- NVIDIA’s Billion-Dollar Bet Puts Nokia Back in the Growth Game
- ESG Stocks, What Investors Should Know
- Hold Ratings, High Rewards? 3 Stocks That Could Defy Expectations
Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report).
Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter.
