Vicus Capital acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,457 shares of the company’s stock, valued at approximately $354,000.
Other hedge funds have also made changes to their positions in the company. Nuveen LLC bought a new stake in shares of Take-Two Interactive Software in the first quarter valued at about $288,410,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Take-Two Interactive Software by 425.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company’s stock valued at $296,640,000 after purchasing an additional 1,158,783 shares in the last quarter. Contour Asset Management LLC bought a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at about $180,701,000. Assenagon Asset Management S.A. lifted its position in shares of Take-Two Interactive Software by 107.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company’s stock worth $243,222,000 after purchasing an additional 519,518 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Take-Two Interactive Software by 2.6% during the first quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company’s stock valued at $4,117,123,000 after purchasing an additional 506,026 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research firms have weighed in on TTWO. CICC Research started coverage on Take-Two Interactive Software in a report on Tuesday. They set an “outperform” rating and a $272.00 target price for the company. Wedbush boosted their price target on Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Wells Fargo & Company began coverage on Take-Two Interactive Software in a research report on Monday, July 28th. They set an “overweight” rating and a $265.00 price objective on the stock. Zacks Research upgraded shares of Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 13th. Finally, Benchmark raised their price target on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company a “buy” rating in a report on Friday, August 8th. Nineteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $249.50.
Insiders Place Their Bets
In other news, Director Jon J. Moses sold 1,000 shares of the company’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $239.57, for a total value of $239,570.00. Following the sale, the director directly owned 21,901 shares of the company’s stock, valued at $5,246,822.57. This represents a 4.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $528,867.75. Following the transaction, the director directly owned 9,063 shares of the company’s stock, valued at approximately $2,061,560.61. This trade represents a 20.42% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 141,825 shares of company stock valued at $32,532,671. Insiders own 1.34% of the company’s stock.
Take-Two Interactive Software Stock Up 0.6%
NASDAQ:TTWO opened at $256.94 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $261.47. The company has a market cap of $47.40 billion, a PE ratio of -10.73, a P/E/G ratio of 5.42 and a beta of 1.01. The company’s 50 day moving average is $237.66 and its two-hundred day moving average is $229.66.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.28 by $0.33. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the firm posted ($1.52) earnings per share. The business’s revenue for the quarter was up 16.4% compared to the same quarter last year. Take-Two Interactive Software has set its Q2 2026 guidance at 0.850-0.950 EPS. FY 2026 guidance at 2.600-2.850 EPS. Analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.
About Take-Two Interactive Software
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.
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