Chung Wu Investment Group LLC lowered its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 22.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,300 shares of the company’s stock after selling 380 shares during the quarter. Chung Wu Investment Group LLC’s holdings in Take-Two Interactive Software were worth $316,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the company. ORG Partners LLC grew its holdings in Take-Two Interactive Software by 115.7% during the second quarter. ORG Partners LLC now owns 110 shares of the company’s stock worth $26,000 after purchasing an additional 59 shares during the period. 1 North Wealth Services LLC bought a new position in shares of Take-Two Interactive Software during the 1st quarter worth approximately $29,000. Game Plan Financial Advisors LLC bought a new position in shares of Take-Two Interactive Software during the 1st quarter worth approximately $31,000. North Capital Inc. acquired a new position in shares of Take-Two Interactive Software during the 1st quarter worth approximately $35,000. Finally, Graybill Wealth Management LTD. bought a new stake in Take-Two Interactive Software in the 1st quarter valued at $37,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on TTWO shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Saturday, September 27th. Wells Fargo & Company initiated coverage on shares of Take-Two Interactive Software in a research note on Monday, July 28th. They issued an “overweight” rating and a $265.00 price target on the stock. Bank of America raised their price objective 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. CICC Research assumed coverage on Take-Two Interactive Software in a research report on Tuesday, September 30th. They issued an “outperform” rating and a $272.00 target price on the stock. Finally, Benchmark lifted their price target on Take-Two Interactive Software from $250.00 to $275.00 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, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $249.50.
Insiders Place Their Bets
In other Take-Two Interactive Software news, President Karl Slatoff sold 48,995 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $227.68, for a total value of $11,155,181.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Laverne Evans Srinivasan sold 2,325 shares of Take-Two Interactive Software stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.47, for a total value of $528,867.75. Following the sale, the director directly owned 9,063 shares in the company, valued at $2,061,560.61. The trade was a 20.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 141,825 shares of company stock worth $32,532,671. Company insiders own 1.34% of the company’s stock.
Take-Two Interactive Software Price Performance
TTWO stock opened at $257.68 on Monday. The stock has a market cap of $47.53 billion, a price-to-earnings ratio of -10.76, a P/E/G ratio of 5.47 and a beta of 1.01. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The company has a 50 day simple moving average of $238.32 and a 200 day simple moving average of $230.32. Take-Two Interactive Software, Inc. has a 1 year low of $147.78 and a 1 year high of $261.47.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.33. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The company’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the business posted ($1.52) earnings per share. 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. Research analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal 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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