United Capital Financial Advisors LLC Invests $1.07 Million in Take-Two Interactive Software, Inc. $TTWO

United Capital Financial Advisors LLC bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) in the second quarter, Holdings Channel reports. The institutional investor bought 4,273 shares of the company’s stock, valued at approximately $1,068,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. MCF Advisors LLC bought a new stake in Take-Two Interactive Software during the fourth quarter worth about $25,000. Mosley Wealth Management increased its holdings in shares of Take-Two Interactive Software by 266.7% during the second quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after buying an additional 80 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of Take-Two Interactive Software in the second quarter valued at approximately $32,000. Essential Partners LLC raised its stake in shares of Take-Two Interactive Software by 333.3% in the first quarter. Essential Partners LLC now owns 169 shares of the company’s stock valued at $33,000 after acquiring an additional 130 shares during the last quarter. Finally, MV Capital Management Inc. acquired a new position in shares of Take-Two Interactive Software in the 4th quarter worth approximately $34,000. 95.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TTWO has been the topic of a number of research analyst reports. Wells Fargo & Company increased their price target on Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Zacks Research lowered Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Bank of America increased their target price on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Robert W. Baird raised their target price on Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Finally, Oppenheimer lifted their price target on Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average target price of $296.95.

Read Our Latest Research Report on TTWO

Trending Headlines about Take-Two Interactive Software

Here are the key news stories impacting Take-Two Interactive Software this week:

  • Positive Sentiment: Take-Two released an extended preview of GTA 6, giving gamers and investors a closer look at the highly anticipated title and increasing confidence in its commercial potential. Take-Two entices gamers with Grand Theft Auto 6 video preview
  • Positive Sentiment: Wall Street is responding favorably to the new footage and confirmed November release, with the anticipated launch helping lift Take-Two shares and reinforcing the importance of GTA 6 to the company’s growth outlook. Wall Street Buys the GTA 6 Hype. Take-Two Stock Gets a Lift.
  • Positive Sentiment: Take-Two shares moved higher in premarket trading after the first gameplay showcase, which was released through Netflix and described by a gaming-industry executive as a significant moment for the industry. Take-Two shares move higher pre-market as gamers get first look at GTA 6
  • Positive Sentiment: Investors purchased 22,488 TTWO call options, approximately 58% above typical activity, signaling increased speculative bullish interest ahead of the GTA 6 showcase and launch.
  • Neutral Sentiment: Earlier leaks had created pressure ahead of the official showcase, but the formal release of footage appears to have shifted attention back toward the game’s potential rather than the leak-related uncertainty. These two stocks rally after GTA 6 trailer release
  • Neutral Sentiment: Reports that an alleged GTA 6 leaker is cashing out cryptocurrency concern a related memecoin more directly than Take-Two’s operating business and appear unlikely to materially affect TTWO fundamentals. GTA 6 leaker Cyberleek reportedly begins cashing out crypto
  • Negative Sentiment: Zacks Research downgraded Take-Two from “strong-buy” to “hold,” providing a counterweight to the positive GTA 6 momentum and potentially limiting further gains. Zacks Research

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $235.39 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a 50 day simple moving average of $242.28 and a 200 day simple moving average of $222.76. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $265.94. The firm has a market cap of $44.01 billion, a P/E ratio of -136.06, a P/E/G ratio of 1.56 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last posted its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.51). The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.36 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The firm’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.07) EPS. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Sell-side analysts predict that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

Insider Activity at Take-Two Interactive Software

In other news, Director Laverne Evans Srinivasan sold 362 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $88,693.62. Following the transaction, the director owned 8,357 shares of the company’s stock, valued at $2,047,548.57. This represents a 4.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael Sheresky sold 127 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $245.01, for a total value of $31,116.27. Following the completion of the transaction, the director owned 65,368 shares in the company, valued at approximately $16,015,813.68. This represents a 0.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 540,759 shares of company stock valued at $123,183,789 over the last quarter. 1.12% of the stock is currently owned by corporate insiders.

About Take-Two Interactive Software

(Free Report)

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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