93,929 Shares in Take-Two Interactive Software, Inc. $TTWO Bought by Primecap Management Co. CA

Primecap Management Co. CA bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 93,929 shares of the company’s stock, valued at approximately $23,480,000.

Several other hedge funds also recently added to or reduced their stakes in TTWO. BlackRock Inc. acquired a new stake in Take-Two Interactive Software during the 2nd quarter worth about $4,560,679,000. Norges Bank acquired a new position in shares of Take-Two Interactive Software in the 4th quarter valued at about $735,389,000. Legal & General Group Plc acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at about $277,219,000. Bank of New York Mellon Corp purchased a new stake in shares of Take-Two Interactive Software in the second quarter worth about $234,774,000. Finally, Deutsche Bank AG purchased a new stake in shares of Take-Two Interactive Software in the second quarter worth about $205,858,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $233.45 on Thursday. The stock has a market capitalization of $43.65 billion, a P/E ratio of -134.94, a P/E/G ratio of 1.55 and a beta of 0.97. The company’s fifty day moving average price is $242.48 and its 200 day moving average price is $222.41. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The company 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 business’s revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.07) earnings per share. 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. As a group, equities research analysts anticipate that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TTWO has been the subject of several recent research reports. BMO Capital Markets reiterated an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. Robert W. Baird raised their price objective on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Roth Capital lifted their target price on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the company a “buy” rating in a report on Monday, August 10th. BTIG Research boosted their target price on shares of Take-Two Interactive Software from $293.00 to $313.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, Bank of America increased their price target on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Two investment 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 company. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Buy” and a consensus price target of $296.95.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Jon J. Moses sold 500 shares of Take-Two Interactive Software stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $244.61, for a total value of $122,305.00. Following the sale, the director directly owned 21,868 shares in the company, valued at approximately $5,349,131.48. The trade was a 2.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Ellen F. Siminoff sold 334 shares of Take-Two Interactive Software stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $242.34, for a total value of $80,941.56. Following the completion of the sale, the director owned 1,666 shares in the company, valued at approximately $403,738.44. The trade was a 16.70% 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. Over the last ninety days, insiders have sold 540,759 shares of company stock valued at $123,183,789. Corporate insiders own 1.12% of the company’s stock.

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.