Swedbank AB increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 7.6% in the 4th quarter, HoldingsChannel reports. The firm owned 134,638 shares of the company’s stock after purchasing an additional 9,556 shares during the period. Swedbank AB’s holdings in Take-Two Interactive Software were worth $34,471,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in TTWO. Pilgrim Partners Asia Pte Ltd purchased a new position in Take-Two Interactive Software in the third quarter valued at about $26,000. GHP Investment Advisors Inc. purchased a new position in Take-Two Interactive Software in the fourth quarter valued at about $28,000. Rachor Investment Advisory Services LLC purchased a new position in Take-Two Interactive Software in the fourth quarter valued at about $34,000. True Wealth Design LLC increased its holdings in Take-Two Interactive Software by 91.9% in the fourth quarter. True Wealth Design LLC now owns 142 shares of the company’s stock valued at $36,000 after buying an additional 68 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new position in Take-Two Interactive Software in the third quarter valued at about $40,000. 95.46% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Take-Two Interactive Software
In other news, Director Michael Dornemann sold 1,390 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $213.09, for a total transaction of $296,195.10. Following the completion of the transaction, the director directly owned 21,525 shares of the company’s stock, valued at $4,586,762.25. This trade represents a 6.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Daniel P. Emerson sold 1,698 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $213.62, for a total transaction of $362,726.76. Following the transaction, the insider directly owned 125,001 shares of the company’s stock, valued at approximately $26,702,713.62. This trade represents a 1.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 64,724 shares of company stock valued at $13,866,155. Company insiders own 1.34% of the company’s stock.
Key Take-Two Interactive Software News
- Positive Sentiment: Take-Two beat fiscal Q4 estimates, with stronger-than-expected net bookings, revenue growth, and a narrower loss, while also confirming that Grand Theft Auto VI remains on track for a Nov. 19 release. Article Title
- Positive Sentiment: Wedbush and other analysts highlighted the confirmed GTA VI launch timeline and broad portfolio strength, reinforcing long-term confidence in the stock despite near-term volatility. Article Title
- Neutral Sentiment: Wells Fargo trimmed its price target slightly to $287 from $293 but kept an overweight rating, suggesting continued upside expectations for TTWO. Article Title
- Neutral Sentiment: Unusually large call-option activity showed traders positioning for volatility, likely driven by the GTA VI announcement and earnings release.
- Negative Sentiment: Investors focused on management’s fiscal 2027 bookings guidance of about $8.0 billion to $8.2 billion, which came in below Wall Street expectations and appears to be the main reason the stock is declining. Article Title
- Negative Sentiment: The softer outlook also weighed on sentiment even as the company raised expectations for FY2027 EPS, because revenue and bookings guidance are what matter most for near-term valuation. Article Title
Analyst Ratings Changes
TTWO has been the subject of a number of research analyst reports. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Friday. UBS Group increased their target price on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Wells Fargo & Company dropped their target price on shares of Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating for the company in a report on Friday. Zacks Research cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. Finally, Raymond James Financial raised shares of Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 target price for the company in a report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average price target of $287.53.
Get Our Latest Stock Analysis on TTWO
Take-Two Interactive Software Stock Performance
Shares of TTWO opened at $227.55 on Monday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a 50 day simple moving average of $211.92 and a 200-day simple moving average of $225.66. Take-Two Interactive Software, Inc. has a 1-year low of $187.63 and a 1-year high of $264.79. The stock has a market cap of $42.14 billion, a price-to-earnings ratio of -140.46, a price-to-earnings-growth ratio of 3.45 and a beta of 0.97.
About Take-Two Interactive Software
Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.
Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.
Read More
- Five stocks we like better than Take-Two Interactive Software
- The Smart Glasses Gold Rush Is Leaving Old-School Eyewear Behind
- 3 Rare Earth Stocks That Win No Matter What China Does Next
- Amylyx Stock: Why the Full Pipeline Story Matters
- Palantir and Dell Build an AI OS for the Paranoid
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.
