Geode Capital Management LLC Boosts Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

Geode Capital Management LLC grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 8.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,647,459 shares of the company’s stock after buying an additional 378,371 shares during the period. Geode Capital Management LLC owned 2.52% of Take-Two Interactive Software worth $1,124,088,000 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 company. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Take-Two Interactive Software by 21.4% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 297,783 shares of the company’s stock worth $72,317,000 after purchasing an additional 52,524 shares during the period. 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 worth $437,514,000 after purchasing an additional 334,946 shares in the last quarter. Perigon Wealth Management LLC raised its holdings in Take-Two Interactive Software by 79.2% in the second quarter. Perigon Wealth Management LLC now owns 2,251 shares of the company’s stock valued at $547,000 after buying an additional 995 shares during the period. PNC Financial Services Group Inc. raised its holdings in Take-Two Interactive Software by 14.1% in the first quarter. PNC Financial Services Group Inc. now owns 23,829 shares of the company’s stock valued at $4,939,000 after buying an additional 2,946 shares during the period. Finally, Swedbank AB lifted its position in Take-Two Interactive Software by 9.8% during the first quarter. Swedbank AB now owns 115,042 shares of the company’s stock valued at $23,842,000 after buying an additional 10,305 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several recent research reports. Arete Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 23rd. Wall Street Zen cut shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Jefferies Financial Group increased their price target on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Arete cut Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $280.00 price objective on the stock. in a research note on Thursday, October 23rd. Finally, Citigroup upped their target price on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.45.

Take-Two Interactive Software Stock Down 1.2%

Shares of Take-Two Interactive Software stock opened at $237.55 on Friday. Take-Two Interactive Software, Inc. has a 1-year low of $176.68 and a 1-year high of $264.79. The company has a market capitalization of $43.82 billion, a PE ratio of -9.92, a P/E/G ratio of 5.10 and a beta of 1.00. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The business has a 50-day moving average of $251.82 and a 200-day moving average of $238.81.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Thursday, November 6th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.13. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The firm had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the prior year, the business posted ($2.08) earnings per share. Take-Two Interactive Software’s revenue for the quarter was up 33.3% on a year-over-year basis. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Insider Activity at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,325 shares of the company’s stock in a transaction 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 sale, the director directly owned 9,063 shares of the company’s stock, valued at $2,061,560.61. This represents a 20.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jon J. Moses sold 1,000 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $239.57, for a total transaction of $239,570.00. Following the transaction, the director owned 21,901 shares in the company, valued at $5,246,822.57. This trade represents a 4.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 140,822 shares of company stock worth $32,309,514. 1.34% of the stock is currently 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.