Trifecta Capital Advisors LLC purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 400 shares of the company’s stock, valued at approximately $97,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Moody Lynn & Lieberson LLC increased its position in shares of Take-Two Interactive Software by 0.9% during the first quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company’s stock worth $1,050,000 after purchasing an additional 45 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of Take-Two Interactive Software by 5.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 854 shares of the company’s stock worth $207,000 after purchasing an additional 47 shares in the last quarter. Joel Isaacson & Co. LLC grew its holdings in shares of Take-Two Interactive Software by 3.1% during the second quarter. Joel Isaacson & Co. LLC now owns 1,631 shares of the company’s stock valued at $396,000 after buying an additional 49 shares during the last quarter. Brooklyn Investment Group grew its holdings in shares of Take-Two Interactive Software by 8.1% during the first quarter. Brooklyn Investment Group now owns 669 shares of the company’s stock valued at $139,000 after buying an additional 50 shares during the last quarter. Finally, Adero Partners LLC grew its holdings in shares of Take-Two Interactive Software by 2.9% during the first quarter. Adero Partners LLC now owns 1,784 shares of the company’s stock valued at $370,000 after buying an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on TTWO shares. Benchmark boosted their price objective 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. Weiss Ratings reissued a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Wednesday. Wells Fargo & Company boosted their price objective on shares of Take-Two Interactive Software from $270.00 to $277.00 and gave the company an “overweight” rating in a report on Tuesday. Zacks Research raised shares of Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 13th. Finally, Wedbush boosted their price objective on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the company an “outperform” 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 stock. According to MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and a consensus price target of $250.10.
Take-Two Interactive Software Trading Down 0.9%
Shares of Take-Two Interactive Software stock opened at $258.07 on Thursday. The firm has a 50-day simple moving average of $240.35 and a two-hundred day simple moving average of $231.02. The company has a market cap of $47.61 billion, a P/E ratio of -10.78, a price-to-earnings-growth ratio of 5.53 and a beta of 1.01. Take-Two Interactive Software, Inc. has a fifty-two week low of $152.27 and a fifty-two week high of $262.19. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share 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 firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the firm earned ($1.52) EPS. The company’s revenue for the quarter 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 predict that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.
Insider Activity
In related news, President Karl Slatoff sold 48,995 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.68, for a total transaction of $11,155,181.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the company’s stock in a transaction dated 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 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. Over the last 90 days, insiders have sold 141,825 shares of company stock worth $32,532,671. Company insiders own 1.34% of the company’s stock.
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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