Neo Ivy Capital Management bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,913 shares of the company’s stock, valued at approximately $1,922,000.
Other large investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC lifted its stake in shares of Take-Two Interactive Software by 137.7% in the 1st quarter. Private Advisor Group LLC now owns 3,062 shares of the company’s stock valued at $635,000 after purchasing an additional 1,774 shares during the last quarter. Kestra Private Wealth Services LLC raised its holdings in Take-Two Interactive Software by 69.1% during the first quarter. Kestra Private Wealth Services LLC now owns 2,263 shares of the company’s stock valued at $469,000 after buying an additional 925 shares in the last quarter. HighPoint Advisor Group LLC lifted its position in shares of Take-Two Interactive Software by 9.8% in the first quarter. HighPoint Advisor Group LLC now owns 2,255 shares of the company’s stock worth $467,000 after buying an additional 201 shares during the last quarter. KLP Kapitalforvaltning AS boosted its stake in shares of Take-Two Interactive Software by 1.7% during the 1st quarter. KLP Kapitalforvaltning AS now owns 58,600 shares of the company’s stock worth $12,145,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its holdings in shares of Take-Two Interactive Software by 25.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 3,696 shares of the company’s stock valued at $766,000 after acquiring an additional 750 shares during the last quarter. 95.46% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on TTWO shares. Wedbush upped their target price on Take-Two Interactive Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Jefferies Financial Group boosted their price objective on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. DA Davidson raised their target price on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Bank of America boosted their target price on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Finally, BMO Capital Markets upped their price target on shares of Take-Two Interactive Software from $252.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $261.90.
Insider Transactions at Take-Two Interactive Software
In other news, Director Ellen F. Siminoff sold 414 shares of the stock in a transaction on Monday, September 15th. The shares were sold at an average price of $246.25, for a total value of $101,947.50. Following the completion of the transaction, the director owned 3,003 shares in the company, valued at approximately $739,488.75. This represents a 12.12% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Strauss Zelnick sold 45,000 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $231.20, for a total transaction of $10,404,000.00. Following the transaction, the chief executive officer directly owned 281,495 shares of the company’s stock, valued at $65,081,644. The trade was a 13.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 67,421 shares of company stock valued at $15,606,412 in the last ninety days. 1.34% of the stock is owned by company insiders.
Take-Two Interactive Software Trading Down 2.1%
Shares of TTWO opened at $235.37 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $177.35 and a 12-month high of $264.79. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $43.49 billion, a price-to-earnings ratio of -9.83, a P/E/G ratio of 5.10 and a beta of 1.00. The stock’s 50-day moving average price is $250.95 and its 200 day moving average price is $239.09.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13. The company had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.71 billion. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The company’s quarterly revenue was up 33.3% on a year-over-year basis. During the same quarter last year, the company earned ($2.08) EPS. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, research analysts predict that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.
About Take-Two Interactive Software
Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.
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