Vise Technologies Inc. bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 5,655 shares of the company’s stock, valued at approximately $1,414,000.
A number of other large investors also recently modified their holdings of TTWO. MCF Advisors LLC bought a new position in Take-Two Interactive Software during the 4th quarter worth $25,000. Mosley Wealth Management raised its stake in Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock valued at $27,000 after acquiring an additional 80 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of Take-Two Interactive Software in the second quarter worth $32,000. MV Capital Management Inc. bought a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at about $34,000. Finally, Rachor Investment Advisory Services LLC acquired a new position in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $34,000. 95.46% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
TTWO has been the topic of several research reports. Bank of America boosted their price target on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. UBS Group reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Raymond James Financial set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Thursday, August 6th. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Finally, Piper Sandler reiterated an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $296.95.
Take-Two Interactive Software Stock Down 0.2%
Take-Two Interactive Software stock opened at $239.62 on Friday. Take-Two Interactive Software, Inc. has a twelve month low of $187.63 and a twelve month high of $265.94. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $44.80 billion, a PE ratio of -138.51, a P/E/G ratio of 1.59 and a beta of 0.97. The firm’s 50 day moving average price is $241.97 and its two-hundred day moving average price is $221.75.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the prior year, the firm earned ($0.07) earnings per share. The company’s revenue was down 2.1% on a year-over-year basis. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. On average, research analysts predict that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year.
Insider Activity at Take-Two Interactive Software
In other news, CEO Strauss Zelnick sold 40,000 shares of Take-Two Interactive Software stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $252.64, for a total transaction of $10,105,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jon J. Moses sold 500 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $244.61, for a total transaction of $122,305.00. Following the completion of the sale, the director directly owned 21,868 shares of the company’s stock, valued at $5,349,131.48. This represents a 2.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 610,759 shares of company stock worth $138,737,789. 1.12% of the stock is currently owned by corporate insiders.
Take-Two Interactive Software Company Profile
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.
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