Sanctuary Advisors LLC bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,612 shares of the company’s stock, valued at approximately $1,403,000.
A number of other institutional investors have also recently made changes to their positions in the stock. MCF Advisors LLC purchased a new position in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $25,000. Mosley Wealth Management boosted its holdings in Take-Two Interactive Software by 266.7% in the second quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after purchasing an additional 80 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in Take-Two Interactive Software in the second quarter worth approximately $32,000. Essential Partners LLC boosted its holdings in Take-Two Interactive Software by 333.3% in the first quarter. Essential Partners LLC now owns 169 shares of the company’s stock worth $33,000 after purchasing an additional 130 shares during the last quarter. Finally, Rachor Investment Advisory Services LLC bought a new stake in Take-Two Interactive Software in the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.
Analysts Set New Price Targets
TTWO has been the topic of several research analyst reports. Wedbush reissued an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a report on Monday, August 10th. UBS Group reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. Raymond James Financial set a $300.00 price objective on Take-Two Interactive Software in a research report on Thursday, August 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. Finally, Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Buy” and an average target price of $296.95.
Insiders Place Their Bets
In related news, Director Michael Sheresky sold 127 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $31,116.27. Following the completion of the transaction, the director directly owned 65,368 shares of the company’s stock, valued at $16,015,813.68. The trade was a 0.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laverne Evans Srinivasan sold 362 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $245.01, for a total value of $88,693.62. Following the completion of the sale, the director directly owned 8,357 shares in the company, valued at $2,047,548.57. This represents a 4.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 540,759 shares of company stock valued at $123,183,789. 1.12% of the stock is owned by company insiders.
Take-Two Interactive Software Stock Up 0.2%
Shares of NASDAQ TTWO opened at $233.45 on Thursday. The company has a market capitalization of $43.65 billion, a P/E ratio of -134.94, a P/E/G ratio of 1.55 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $265.94. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. The company has a 50 day simple moving average of $242.48 and a 200-day simple moving average of $222.41.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The business had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter last year, the firm posted ($0.07) EPS. 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, equities research analysts predict that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current year.
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.
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