Parsons Capital Management Inc. RI Has $721,000 Stake in Take-Two Interactive Software, Inc. $TTWO

Parsons Capital Management Inc. RI lowered its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 9.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,967 shares of the company’s stock after selling 313 shares during the period. Parsons Capital Management Inc. RI’s holdings in Take-Two Interactive Software were worth $721,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TTWO. Vanguard Group Inc. boosted its position in 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 worth $4,117,123,000 after purchasing an additional 506,026 shares during the period. Massachusetts Financial Services Co. MA raised its position in shares of Take-Two Interactive Software by 1.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 5,358,309 shares of the company’s stock valued at $1,110,510,000 after purchasing an additional 89,093 shares during the period. Invesco Ltd. boosted its holdings in shares of Take-Two Interactive Software by 11.0% during the 1st quarter. Invesco Ltd. now owns 2,975,192 shares of the company’s stock worth $616,609,000 after buying an additional 294,378 shares during the period. First Manhattan CO. LLC. grew its stake in Take-Two Interactive Software by 6.5% in the 1st quarter. First Manhattan CO. LLC. now owns 2,397,679 shares of the company’s stock valued at $496,919,000 after buying an additional 147,077 shares during the last quarter. Finally, Ninety One UK Ltd grew its stake in Take-Two Interactive Software by 22.8% in the 2nd quarter. Ninety One UK Ltd now owns 1,801,582 shares of the company’s stock valued at $437,514,000 after buying an additional 334,946 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Insider Activity at Take-Two Interactive Software

In related news, President Karl Slatoff sold 48,995 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.68, for a total value of $11,155,181.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Daniel P. Emerson sold 22,479 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total value of $5,113,298.13. Following the sale, the insider directly owned 129,792 shares in the company, valued at $29,523,786.24. The trade was a 14.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 141,825 shares of company stock worth $32,532,671 in the last ninety days. Company insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of TTWO stock opened at $256.94 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $146.76 and a 12 month high of $261.47. The company has a market capitalization of $47.40 billion, a P/E ratio of -10.73, a P/E/G ratio of 5.42 and a beta of 1.01. The stock has a 50 day moving average of $237.66 and a two-hundred day moving average of $229.66. 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 (NASDAQ:TTWO) last issued its earnings results on Thursday, August 7th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.33. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the prior year, the company posted ($1.52) earnings per share. Take-Two Interactive Software’s revenue was up 16.4% on a year-over-year basis. 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. As a group, equities analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TTWO shares. Bank of America boosted their target price on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. JPMorgan Chase & Co. lifted their price objective on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Raymond James Financial increased their target price on Take-Two Interactive Software from $250.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. CICC Research assumed coverage on Take-Two Interactive Software in a research report on Tuesday. They issued an “outperform” rating and a $272.00 price target on the stock. Finally, UBS Group upped their price target on Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Nineteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $249.50.

Take-Two Interactive Software Profile

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.