Meeder Advisory Services Inc. Invests $1.03 Million in Take-Two Interactive Software, Inc. $TTWO

Meeder Advisory Services Inc. bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, HoldingsChannel reports. The firm bought 4,121 shares of the company’s stock, valued at approximately $1,030,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC purchased a new stake in Take-Two Interactive Software in the first quarter valued at about $425,000. Empowered Funds LLC grew its stake in shares of Take-Two Interactive Software by 13.2% during the first quarter. Empowered Funds LLC now owns 3,322 shares of the company’s stock worth $688,000 after acquiring an additional 388 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Take-Two Interactive Software by 118.7% during the first quarter. Geneos Wealth Management Inc. now owns 304 shares of the company’s stock worth $63,000 after acquiring an additional 165 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Take-Two Interactive Software during the second quarter valued at about $2,747,000. Finally, Jump Financial LLC increased its holdings in shares of Take-Two Interactive Software by 105.3% during the second quarter. Jump Financial LLC now owns 7,115 shares of the company’s stock valued at $1,728,000 after acquiring an additional 3,650 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $237.04 on Thursday. The business’s 50 day moving average price is $240.85 and its 200 day moving average price is $221.49. The firm has a market cap of $44.32 billion, a P/E ratio of -137.02, a P/E/G ratio of 1.61 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week 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.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The business had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the prior year, the business posted ($0.07) earnings per share. The business’s quarterly revenue was down 2.1% compared to the same quarter last year. 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. On average, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. DA Davidson reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, August 10th. UBS Group reissued a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Piper Sandler restated an “overweight” rating on shares of Take-Two Interactive Software in a research note on Tuesday, June 16th. JPMorgan Chase & Co. started coverage on shares of Take-Two Interactive Software in a report on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 price target for the company. Finally, Wedbush reissued an “outperform” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $296.95.

Trending Headlines about Take-Two Interactive Software

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

• Positive Sentiment: Analysts maintain a broadly bullish view of TTWO, with a consensus “Buy” rating and an average price target of approximately $296.95. DA Davidson, Oppenheimer and Robert W. Baird recently reiterated or upgraded their targets, citing the company’s long-term growth prospects. Take-Two Interactive Software Given Consensus Recommendation of Buy by Analysts
• Positive Sentiment: Institutional demand provides a supportive ownership backdrop: BlackRock, Norges Bank, Bank of America and other large investors recently established or expanded positions. Institutions now own roughly 95% of the outstanding shares.
• Positive Sentiment: New GTA 6 gameplay material briefly increased investor interest in Take-Two, highlighting the franchise’s ability to generate substantial market attention ahead of its release. TTWO Stock Reacts as GTA 6 Gameplay Leaked Online
• Neutral Sentiment: The leak has not been confirmed as an official company announcement and does not provide new information about the game’s launch timing, pricing or sales outlook. As a result, the initial rally faded rather than developing into a sustained move.
• Negative Sentiment: Take-Two’s latest quarterly results showed an adjusted loss of $0.18 per share versus expectations for earnings of $0.33, although revenue of $1.53 billion exceeded estimates. Revenue also declined 2.1% year over year, keeping profitability concerns in focus.
• Negative Sentiment: Several directors sold shares, including Michael Sheresky, Laverne Evans Srinivasan and Ellen F. Siminoff. The trades were conducted under pre-arranged plans and were small relative to their remaining holdings, but they nevertheless add modest selling pressure and may temper sentiment.

Insiders Place Their Bets

In other news, Director Ellen F. Siminoff sold 334 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $242.34, for a total value of $80,941.56. Following the sale, the director owned 1,666 shares in the company, valued at $403,738.44. This represents a 16.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Strauss Zelnick sold 40,000 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $252.64, for a total transaction of $10,105,600.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 610,759 shares of company stock worth $138,737,789. Company insiders own 1.12% of the company’s stock.

Take-Two Interactive Software Company Profile

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.