Commerce Bank Purchases Shares of 14,555 Take-Two Interactive Software, Inc. $TTWO

Commerce Bank purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 14,555 shares of the company’s stock, valued at approximately $3,638,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MCF Advisors LLC bought a new stake in Take-Two Interactive Software in the 4th quarter worth approximately $25,000. Mosley Wealth Management grew its position in Take-Two Interactive Software by 266.7% during the second quarter. Mosley Wealth Management now owns 110 shares of the company’s stock valued at $27,000 after acquiring an additional 80 shares during the last quarter. Meeder Asset Management Inc. bought a new position in Take-Two Interactive Software during the second quarter valued at approximately $32,000. Essential Partners LLC raised its stake in shares of Take-Two Interactive Software by 333.3% during the first quarter. Essential Partners LLC now owns 169 shares of the company’s stock worth $33,000 after acquiring an additional 130 shares in the last quarter. Finally, Rachor Investment Advisory Services LLC purchased a new position in shares of Take-Two Interactive Software during the fourth quarter worth approximately $34,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 334 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $242.34, for a total transaction of $80,941.56. Following the completion of the sale, the director owned 1,666 shares of the company’s stock, valued at $403,738.44. This represents a 16.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laverne Evans Srinivasan sold 362 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $88,693.62. Following the completion of the sale, the director directly owned 8,357 shares in the company, valued at approximately $2,047,548.57. This trade represents a 4.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 540,759 shares of company stock worth $123,183,789 over the last ninety days. Insiders own 1.12% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TTWO shares. Robert W. Baird boosted 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 report on Monday, August 10th. Oppenheimer increased their target price on shares of Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a research report on Friday, July 10th. UBS Group reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Finally, Zacks Research upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Buy” and a consensus price target of $296.95.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $233.50 on Tuesday. 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 fifty-two week low of $187.63 and a fifty-two week high of $265.94. The stock has a 50 day moving average price of $242.32 and a two-hundred day moving average price of $221.90. The company has a market capitalization of $43.66 billion, a P/E ratio of -134.97, a PEG ratio of 1.59 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last released 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). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the company posted ($0.07) EPS. The business’s revenue for the quarter was down 2.1% compared to the same quarter last year. 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. Analysts expect that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current 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.