12,829 Take-Two Interactive Software, Inc. $TTWO Shares Bought by ProShare Advisors LLC

ProShare Advisors LLC increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 220,022 shares of the company’s stock after acquiring an additional 12,829 shares during the quarter. ProShare Advisors LLC owned 0.12% of Take-Two Interactive Software worth $45,655,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. BlackRock Inc. bought a new position in shares of Take-Two Interactive Software during the 2nd quarter worth about $4,560,679,000. Bank of America Corp DE bought a new stake in Take-Two Interactive Software in the 2nd quarter valued at about $599,405,000. Amundi increased its position in Take-Two Interactive Software by 38.1% in the 1st quarter. Amundi now owns 2,493,985 shares of the company’s stock valued at $492,562,000 after buying an additional 688,133 shares in the last quarter. Royal Bank of Canada increased its position in Take-Two Interactive Software by 12.2% in the 1st quarter. Royal Bank of Canada now owns 1,524,234 shares of the company’s stock valued at $301,036,000 after buying an additional 166,145 shares in the last quarter. Finally, Bessemer Group Inc. raised its stake in Take-Two Interactive Software by 1.4% during the 1st quarter. Bessemer Group Inc. now owns 1,475,888 shares of the company’s stock worth $291,489,000 after buying an additional 19,702 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling

In related news, Director Michael Sheresky sold 484 shares of the business’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $203.69, for a total transaction of $98,585.96. Following the transaction, the director directly owned 66,010 shares in the company, valued at approximately $13,445,576.90. The trade was a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William B. Gordon sold 10,000 shares of the company’s stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $202.39, for a total transaction of $2,023,900.00. Following the completion of the sale, the director directly owned 47,187 shares of the company’s stock, valued at $9,550,176.93. The trade was a 17.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 53,636 shares of company stock valued at $12,930,991 over the last 90 days. 1.12% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TTWO. UBS Group set a $310.00 target price on Take-Two Interactive Software in a research report on Monday, September 28th. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. DA Davidson restated a “buy” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Take-Two Interactive Software in a report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 price objective on the stock. Twenty-two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $289.95.

Take-Two Interactive Software Price Performance

TTWO stock opened at $190.17 on Monday. Take-Two Interactive Software, Inc. has a twelve month low of $183.86 and a twelve month high of $265.94. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The stock’s 50 day moving average is $210.49 and its 200-day moving average is $220.09. The firm has a market capitalization of $35.56 billion, a PE ratio of -109.92, a P/E/G ratio of 1.41 and a beta of 0.93.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results 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 company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($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 expect that Take-Two Interactive Software, Inc. will post 5.19 EPS for the current fiscal year.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is an American video game publisher and developer headquartered in New York City. Founded in 1993, the company develops and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.

Take-Two operates through several publishing labels, including Rockstar Games, 2K and Zynga. Its portfolio includes major franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and The Quarry, as well as a broad range of mobile and free-to-play titles.