Retirement Systems of Alabama Has $8.83 Million Stake in Take-Two Interactive Software, Inc. $TTWO

Retirement Systems of Alabama grew its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 3.1% during the second quarter, HoldingsChannel reports. The firm owned 36,354 shares of the company’s stock after buying an additional 1,080 shares during the quarter. Retirement Systems of Alabama’s holdings in Take-Two Interactive Software were worth $8,829,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ORG Partners LLC lifted its stake in Take-Two Interactive Software by 115.7% in the 2nd quarter. ORG Partners LLC now owns 110 shares of the company’s stock valued at $26,000 after purchasing an additional 59 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Take-Two Interactive Software by 101.9% during the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock worth $26,000 after buying an additional 53 shares during the last quarter. 1 North Wealth Services LLC acquired a new position in shares of Take-Two Interactive Software during the first quarter worth $29,000. Game Plan Financial Advisors LLC bought a new position in shares of Take-Two Interactive Software in the 1st quarter valued at $31,000. Finally, LGT Financial Advisors LLC bought a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at $34,000. 95.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TTWO shares. Wedbush restated an “outperform” rating and set a $290.00 price objective (up previously from $275.00) on shares of Take-Two Interactive Software in a research report on Friday. CICC Research initiated coverage on Take-Two Interactive Software in a report on Tuesday, September 30th. They set an “outperform” rating and a $272.00 price target on the stock. DA Davidson upped their price objective on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Cowen reiterated a “buy” rating on shares of Take-Two Interactive Software in a research report on Thursday, October 23rd. Finally, Arete lowered shares of Take-Two Interactive Software from a “buy” rating to a “neutral” rating and set a $280.00 target price on the stock. in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus target price of $254.86.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $256.37 on Monday. The stock has a market capitalization of $47.29 billion, a PE ratio of -10.71, a PEG ratio of 5.10 and a beta of 1.01. The business’s 50 day simple moving average is $250.15 and its 200 day simple moving average is $237.26. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. Take-Two Interactive Software, Inc. has a one year low of $160.83 and a one year high of $264.79.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the previous year, the company 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, research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Strauss Zelnick sold 45,000 shares of Take-Two Interactive Software stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $231.20, for a total value of $10,404,000.00. Following the completion of the transaction, the chief executive officer directly owned 281,495 shares of the company’s stock, valued at approximately $65,081,644. This trade represents a 13.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jon J. Moses sold 1,000 shares of the business’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $231.33, for a total value of $231,330.00. Following the completion of the transaction, the director directly owned 22,901 shares in the company, valued at $5,297,688.33. This represents a 4.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 141,822 shares of company stock valued at $32,540,844 over the last quarter. Company insiders own 1.34% of the company’s stock.

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.