9,422 Shares of Take-Two Interactive Software, Inc. $TTWO Purchased by Machina Capital S.A.S.

Machina Capital S.A.S. purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 9,422 shares of the company’s stock, valued at approximately $1,955,000.

A number of other institutional investors also recently bought and sold shares of TTWO. BlackRock Inc. purchased a new stake in Take-Two Interactive Software during the 2nd quarter valued at approximately $4,560,679,000. Bank of America Corp DE acquired a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth $599,405,000. Legal & General Group Plc acquired a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth $277,219,000. Bank of New York Mellon Corp acquired a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth $234,774,000. Finally, Deutsche Bank AG purchased a new stake in shares of Take-Two Interactive Software in the second quarter valued at about $205,858,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $226.95 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $183.86 and a 12-month high of $265.94. The company’s 50-day moving average is $207.57 and its two-hundred day moving average is $218.72. The firm has a market cap of $42.49 billion, a price-to-earnings ratio of -175.93, a price-to-earnings-growth ratio of 1.73 and a beta of 0.93. The company has a current ratio of 1.09, a quick ratio of 1.06 and a debt-to-equity ratio of 0.51.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Monday, November 9th. The company reported ($0.29) EPS for the quarter, missing the consensus estimate of $0.96 by ($1.25). The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Take-Two Interactive Software had a positive return on equity of 9.84% and a negative net margin of 3.75%. The firm’s revenue was down 18.4% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.73) earnings per share. Take-Two Interactive Software has set its Q3 2027 guidance at 3.800-4.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. Research analysts expect that Take-Two Interactive Software, Inc. will post 5.19 EPS for the current year.

Insider Activity

In other Take-Two Interactive Software news, Director William Gordon sold 10,000 shares of the stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $202.39, for a total transaction of $2,023,900.00. Following the transaction, the director owned 47,187 shares of the company’s stock, valued at $9,550,176.93. This trade represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ellen Siminoff sold 334 shares of the stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $202.92, for a total value of $67,775.28. Following the completion of the transaction, the director directly owned 1,332 shares in the company, valued at $270,289.44. This trade represents a 20.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 13,302 shares of company stock valued at $2,744,450 in the last ninety days. 1.12% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TTWO. Roth Capital boosted their price target on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Zacks Research cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. TD Cowen restated a “buy” rating on shares of Take-Two Interactive Software in a research report on Tuesday. Piper Sandler reaffirmed an “overweight” rating and issued a $290.00 price objective on shares of Take-Two Interactive Software in a report on Monday, November 2nd. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $287.30.

About Take-Two Interactive Software

Take-Two Interactive Software is a global publisher and developer of interactive entertainment for console, PC, and mobile platforms. Its business includes creating and distributing games, downloadable content, and related services through its wholly owned labels, including Rockstar Games, 2K, and Zynga. The company’s portfolio includes franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, Borderlands, and Civilization, along with a range of mobile games. Its titles are sold and played in markets around the world.