BTG Pactual Asset Management US LLC raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 299.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 12,970 shares of the company’s stock after acquiring an additional 9,720 shares during the period. BTG Pactual Asset Management US LLC’s holdings in Take-Two Interactive Software were worth $3,242,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in TTWO. Patriot Financial Group Insurance Agency LLC grew its position in Take-Two Interactive Software by 597.1% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 5,744 shares of the company’s stock valued at $1,134,000 after acquiring an additional 4,920 shares during the last quarter. Primecap Management Co. CA bought a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $23,480,000. Rockefeller Capital Management L.P. boosted its stake in shares of Take-Two Interactive Software by 45.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 44,875 shares of the company’s stock valued at $11,489,000 after purchasing an additional 14,050 shares in the last quarter. Fiera Capital Corp grew its holdings in shares of Take-Two Interactive Software by 33.9% during the 4th quarter. Fiera Capital Corp now owns 64,403 shares of the company’s stock valued at $16,489,000 after purchasing an additional 16,314 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board purchased a new position in Take-Two Interactive Software in the 2nd quarter worth $37,090,000. 95.46% of the stock is currently owned by institutional investors.
Take-Two Interactive Software Price Performance
Shares of Take-Two Interactive Software stock opened at $235.39 on Monday. The company’s fifty day simple moving average is $242.28 and its two-hundred day simple moving average is $222.89. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $265.94. The firm has a market cap of $44.01 billion, a PE ratio of -136.06, a price-to-earnings-growth ratio of 1.56 and a beta of 0.97. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52.
Key Headlines Impacting Take-Two Interactive Software
Here are the key news stories impacting Take-Two Interactive Software this week:
- Positive Sentiment: Take-Two released an extended preview of GTA 6, giving gamers and investors a closer look at the highly anticipated title and increasing confidence in its commercial potential. Take-Two entices gamers with Grand Theft Auto 6 video preview
- Positive Sentiment: Wall Street is responding favorably to the new footage and confirmed November release, with the anticipated launch helping lift Take-Two shares and reinforcing the importance of GTA 6 to the company’s growth outlook. Wall Street Buys the GTA 6 Hype. Take-Two Stock Gets a Lift.
- Positive Sentiment: Take-Two shares moved higher in premarket trading after the first gameplay showcase, which was released through Netflix and described by a gaming-industry executive as a significant moment for the industry. Take-Two shares move higher pre-market as gamers get first look at GTA 6
- Positive Sentiment: Investors purchased 22,488 TTWO call options, approximately 58% above typical activity, signaling increased speculative bullish interest ahead of the GTA 6 showcase and launch.
- Neutral Sentiment: Earlier leaks had created pressure ahead of the official showcase, but the formal release of footage appears to have shifted attention back toward the game’s potential rather than the leak-related uncertainty. These two stocks rally after GTA 6 trailer release
- Neutral Sentiment: Reports that an alleged GTA 6 leaker is cashing out cryptocurrency concern a related memecoin more directly than Take-Two’s operating business and appear unlikely to materially affect TTWO fundamentals. GTA 6 leaker Cyberleek reportedly begins cashing out crypto
- Negative Sentiment: Zacks Research downgraded Take-Two from “strong-buy” to “hold,” providing a counterweight to the positive GTA 6 momentum and potentially limiting further gains. Zacks Research
Analysts Set New Price Targets
Several research firms have issued reports on TTWO. Robert W. Baird upped their price target on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Zacks Research lowered Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Piper Sandler restated an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. Wedbush restated an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Finally, JPMorgan Chase & Co. initiated coverage on Take-Two Interactive Software in a research note on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $296.95.
View Our Latest Analysis on Take-Two Interactive Software
Insider Buying and Selling at Take-Two Interactive Software
In other news, Director Michael Dornemann sold 1,151 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $217.02, for a total value of $249,790.02. Following the sale, the director directly owned 20,374 shares in the company, valued at approximately $4,421,565.48. This trade represents a 5.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Daniel P. Emerson sold 21,102 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $219.61, for a total value of $4,634,210.22. Following the transaction, the insider owned 131,668 shares of the company’s stock, valued at approximately $28,915,609.48. This represents a 13.81% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 122,448 shares of company stock worth $28,084,217 over the last three months. 1.12% of the stock is 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.
Featured Articles
- Five stocks we like better than Take-Two Interactive Software
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
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.
