Interval Partners LP Raises Stock Position in Take-Two Interactive Software, Inc. $TTWO

Interval Partners LP lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 52.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 309,780 shares of the company’s stock after purchasing an additional 106,597 shares during the period. Take-Two Interactive Software comprises approximately 1.4% of Interval Partners LP’s portfolio, making the stock its 7th biggest holding. Interval Partners LP’s holdings in Take-Two Interactive Software were worth $79,313,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. LBP AM SA grew its holdings in shares of Take-Two Interactive Software by 298.2% in the fourth quarter. LBP AM SA now owns 64,611 shares of the company’s stock worth $16,542,000 after purchasing an additional 48,384 shares during the last quarter. Compass Wealth Management LLC bought a new position in shares of Take-Two Interactive Software in the third quarter worth approximately $3,419,000. Fiera Capital Corp grew its holdings in shares of Take-Two Interactive Software by 33.9% in the fourth quarter. Fiera Capital Corp now owns 64,403 shares of the company’s stock worth $16,489,000 after purchasing an additional 16,314 shares during the last quarter. Swedbank AB grew its holdings in shares of Take-Two Interactive Software by 7.6% in the fourth quarter. Swedbank AB now owns 134,638 shares of the company’s stock worth $34,471,000 after purchasing an additional 9,556 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in Take-Two Interactive Software by 24.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 585,950 shares of the company’s stock worth $150,021,000 after acquiring an additional 114,403 shares during the period. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $228.03 on Thursday. The stock has a fifty day moving average of $218.81 and a 200 day moving average of $222.89. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $264.79. The firm has a market capitalization of $42.34 billion, a price-to-earnings ratio of -140.76, a PEG ratio of 4.55 and a beta of 0.98. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.71.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Wedbush reaffirmed an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a research note on Tuesday. Wells Fargo & Company dropped their price target on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating for the company in a research note on Friday, May 22nd. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Finally, DA Davidson reaffirmed a “buy” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $287.06.

Take-Two Interactive Software News Roundup

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

• Positive Sentiment: Wall Street optimism around Grand Theft Auto VI remains the biggest driver, with analysts highlighting major launch potential, upcoming marketing milestones, and pre-order catalysts that could lift future earnings power. Article Title
• Positive Sentiment: Jefferies said Take-Two is using AI to improve efficiency and support mobile ad growth, which could help margins and operating performance ahead of the GTA VI launch. Article Title
• Positive Sentiment: Recent analyst coverage stayed constructive, including buy-equivalent ratings and higher price targets, reinforcing the view that TTWO may have more upside if the next game cycle plays out as expected. Article Title
• Neutral Sentiment: TTWO was included in a “most promising metaverse stocks” list and compared favorably to other gaming names in value-oriented articles, which may support sentiment but is not a direct company-specific catalyst. Article Title
• Negative Sentiment: Multiple insider sales, including director Jon J. Moses and insider Daniel Emerson, may create some short-term caution, even though the trades were disclosed and one was under a pre-arranged 10b5-1 plan. Article Title

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Jon J. Moses sold 500 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $215.22, for a total transaction of $107,610.00. Following the completion of the transaction, the director owned 22,368 shares of the company’s stock, valued at approximately $4,814,040.96. This trade represents a 2.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Karl Slatoff sold 208,969 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $227.34, for a total value of $47,507,012.46. Following the transaction, the president directly owned 1,006,021 shares of the company’s stock, valued at $228,708,814.14. This represents a 17.20% decrease in their position. 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. In the last three months, insiders have sold 565,096 shares of company stock valued at $127,294,182. Company insiders own 1.34% of the company’s stock.

About Take-Two Interactive Software

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.