Prospera Financial Services Inc acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 34,598 shares of the company’s stock, valued at approximately $8,402,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in TTWO. Blue Trust Inc. lifted its position in shares of Take-Two Interactive Software by 101.9% in the 2nd quarter. Blue Trust Inc. now owns 105 shares of the company’s stock worth $26,000 after purchasing an additional 53 shares during the period. ORG Partners LLC raised its stake in Take-Two Interactive Software by 115.7% during the second quarter. ORG Partners LLC now owns 110 shares of the company’s stock worth $26,000 after buying an additional 59 shares during the last quarter. LGT Financial Advisors LLC acquired a new position in Take-Two Interactive Software in the second quarter valued at $34,000. 1 North Wealth Services LLC acquired a new position in Take-Two Interactive Software in the first quarter valued at $29,000. Finally, NewSquare Capital LLC boosted its position in Take-Two Interactive Software by 55.3% during the second quarter. NewSquare Capital LLC now owns 146 shares of the company’s stock valued at $35,000 after acquiring an additional 52 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.
Analysts Set New Price Targets
TTWO has been the subject of several research analyst reports. UBS Group lifted their price objective on Take-Two Interactive Software from $285.00 to $292.00 and gave the stock a “buy” rating in a research report on Friday. Arete Research downgraded Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. DA Davidson boosted their price target on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Wedbush increased their price target on Take-Two Interactive Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday. Finally, JPMorgan Chase & Co. lifted 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. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $259.45.
Insider Transactions at Take-Two Interactive Software
In other news, President Karl Slatoff sold 48,995 shares of Take-Two Interactive Software stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.68, for a total transaction of $11,155,181.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jon J. Moses sold 1,000 shares of the business’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $231.33, for a total transaction of $231,330.00. Following the sale, the director directly owned 22,901 shares of the company’s stock, valued at approximately $5,297,688.33. The trade was a 4.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 141,822 shares of company stock valued at $32,540,844. Corporate insiders own 1.34% of the company’s stock.
Take-Two Interactive Software Trading Down 8.1%
Shares of Take-Two Interactive Software stock opened at $232.00 on Friday. The stock has a market capitalization of $42.80 billion, a PE ratio of -9.69, a price-to-earnings-growth ratio of 5.10 and a beta of 1.00. Take-Two Interactive Software, Inc. has a 52 week low of $173.20 and a 52 week high of $264.79. The stock has a 50 day moving average price of $251.84 and a two-hundred day moving average price of $238.45. 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 – Get Free Report) last issued its earnings results on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, topping 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 company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the prior year, the firm earned ($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 anticipate that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.
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.
Further Reading
- Five stocks we like better than Take-Two Interactive Software
- What Are Growth Stocks and Investing in Them
- Rivian’s Chart Says Go, But Some Analysts Still Say No
- Trading Halts Explained
- e.l.f. Sell-Off Is a Good Time to Buy, According to Analysts
- Investing In Automotive Stocks
- T-Mobile Is The Most Oversold Mega-Cap Stock—Time to Buy?
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.
