22,605 Shares in Take-Two Interactive Software, Inc. $TTWO Bought by Trek Financial LLC

Trek Financial LLC bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 22,605 shares of the company’s stock, valued at approximately $4,691,000.

Several other hedge funds have also bought and sold shares of the stock. BlackRock Inc. bought a new position in Take-Two Interactive Software in the 2nd quarter worth $4,560,679,000. Bank of America Corp DE bought a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth about $599,405,000. Legal & General Group Plc bought 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 bought a new position in shares of Take-Two Interactive Software during the 2nd quarter valued at approximately $234,774,000. Finally, Deutsche Bank AG purchased a new stake in shares of Take-Two Interactive Software in the second quarter valued at $205,858,000. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

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

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate 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 firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the prior year, the business earned ($0.07) earnings per share. The company’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. As a group, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 5.19 EPS for the current fiscal year.

Insider Transactions at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 484 shares of the firm’s stock in a transaction that occurred on 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 owned 66,010 shares in the company, valued at $13,445,576.90. This trade represents a 0.73% 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 company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $252.64, for a total value of $10,105,600.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 53,636 shares of company stock worth $12,930,991 over the last ninety days. 1.12% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Wedbush restated an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a report on Monday, August 10th. JPMorgan Chase & Co. started coverage on shares of Take-Two Interactive Software in a research report on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 price objective for the company. DA Davidson restated a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Finally, UBS Group set a $310.00 price target on Take-Two Interactive Software in a report on Monday, September 28th. Twenty-two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $289.95.

Take-Two Interactive Software 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.