Edmond DE Rothschild Holding S.A. Takes $928,000 Position in Take-Two Interactive Software, Inc. $TTWO

Edmond DE Rothschild Holding S.A. acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,712 shares of the company’s stock, valued at approximately $928,000.

Several other institutional investors have also added to or reduced their stakes in the stock. First Horizon Corp lifted its position in shares of Take-Two Interactive Software by 26.4% in the 4th quarter. First Horizon Corp now owns 220 shares of the company’s stock worth $56,000 after purchasing an additional 46 shares during the period. Mayflower Financial Advisors LLC raised its stake in Take-Two Interactive Software by 3.6% during the first quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock worth $269,000 after buying an additional 48 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. lifted its holdings in Take-Two Interactive Software by 5.7% in the first quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company’s stock valued at $190,000 after buying an additional 52 shares during the period. Huntington National Bank lifted its holdings in Take-Two Interactive Software by 4.5% in the fourth quarter. Huntington National Bank now owns 1,335 shares of the company’s stock valued at $342,000 after buying an additional 57 shares during the period. Finally, UMB Bank n.a. boosted its position in Take-Two Interactive Software by 12.4% during the fourth quarter. UMB Bank n.a. now owns 535 shares of the company’s stock valued at $137,000 after acquiring an additional 59 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Strauss Zelnick sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $252.64, for a total transaction of $10,105,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jon J. Moses sold 500 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $244.61, for a total value of $122,305.00. Following the transaction, the director directly owned 21,868 shares in the company, valued at $5,349,131.48. The trade was a 2.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 610,759 shares of company stock valued at $138,737,789. Corporate insiders own 1.12% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. BMO Capital Markets reiterated an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. Bank of America upped their target price on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. JPMorgan Chase & Co. began coverage on Take-Two Interactive Software in a research note on Tuesday, August 11th. They set an “overweight” rating and a $310.00 target price for the company. Zacks Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Finally, Oppenheimer boosted their price target on Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Buy” and a consensus target price of $296.95.

Take-Two Interactive Software Stock Performance

Shares of TTWO opened at $240.15 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 stock has a 50-day moving average of $241.41 and a 200-day moving average of $221.63. The company has a market cap of $44.90 billion, a PE ratio of -138.81, a P/E/G ratio of 1.57 and a beta of 0.97. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the firm earned ($0.07) earnings per share. The business’s quarterly revenue was down 2.1% on a year-over-year basis. 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, equities research analysts predict that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year.

Take-Two Interactive Software 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.