Great Lakes Advisors LLC Invests $4.68 Million in Take-Two Interactive Software, Inc. $TTWO

Great Lakes Advisors LLC acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,722 shares of the company’s stock, valued at approximately $4,681,000.

Several other institutional investors have also recently added to or reduced their stakes in TTWO. BlackRock Inc. acquired a new stake in shares of Take-Two Interactive Software during the 2nd quarter worth about $4,560,679,000. Norges Bank purchased a new position in shares of Take-Two Interactive Software during the fourth quarter valued at approximately $735,389,000. Bank of New York Mellon Corp acquired a new stake in Take-Two Interactive Software during the second quarter worth approximately $234,774,000. Deutsche Bank AG purchased a new stake in Take-Two Interactive Software in the 2nd quarter worth approximately $205,858,000. Finally, AQR Capital Management LLC raised its holdings in Take-Two Interactive Software by 162.1% in the 4th quarter. AQR Capital Management LLC now owns 1,138,738 shares of the company’s stock valued at $291,551,000 after acquiring an additional 704,316 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Dornemann sold 1,151 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total value of $249,790.02. Following the completion of the sale, the director owned 20,374 shares of the company’s stock, valued at $4,421,565.48. This trade represents a 5.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Karl Slatoff sold 208,969 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $227.34, for a total transaction of $47,507,012.46. Following the sale, the president owned 1,006,021 shares in the company, valued at $228,708,814.14. This represents a 17.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 610,759 shares of company stock worth $138,737,789 in the last 90 days. 1.12% of the stock is owned by insiders.

Take-Two Interactive Software Trading Down 2.2%

NASDAQ:TTWO opened at $237.04 on Thursday. The business’s 50-day moving average is $240.85 and its two-hundred day moving average is $221.49. The firm has a market capitalization of $44.32 billion, a PE ratio of -137.02, a price-to-earnings-growth ratio of 1.61 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $265.94. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share 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 company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the previous year, the company earned ($0.07) EPS. Take-Two Interactive Software’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. Research analysts predict that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TTWO. Robert W. Baird lifted their price objective on Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Raymond James Financial set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Thursday, August 6th. 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 report on Monday, August 10th. Finally, Wells Fargo & Company increased their price target on shares of Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Buy” and a consensus target price of $296.95.

Key Take-Two Interactive Software News

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: Analysts maintain a broadly bullish view of TTWO, with a consensus “Buy” rating and an average price target of approximately $296.95. DA Davidson, Oppenheimer and Robert W. Baird recently reiterated or upgraded their targets, citing the company’s long-term growth prospects. Take-Two Interactive Software Given Consensus Recommendation of Buy by Analysts
• Positive Sentiment: Institutional demand provides a supportive ownership backdrop: BlackRock, Norges Bank, Bank of America and other large investors recently established or expanded positions. Institutions now own roughly 95% of the outstanding shares.
• Positive Sentiment: New GTA 6 gameplay material briefly increased investor interest in Take-Two, highlighting the franchise’s ability to generate substantial market attention ahead of its release. TTWO Stock Reacts as GTA 6 Gameplay Leaked Online
• Neutral Sentiment: The leak has not been confirmed as an official company announcement and does not provide new information about the game’s launch timing, pricing or sales outlook. As a result, the initial rally faded rather than developing into a sustained move.
• Negative Sentiment: Take-Two’s latest quarterly results showed an adjusted loss of $0.18 per share versus expectations for earnings of $0.33, although revenue of $1.53 billion exceeded estimates. Revenue also declined 2.1% year over year, keeping profitability concerns in focus.
• Negative Sentiment: Several directors sold shares, including Michael Sheresky, Laverne Evans Srinivasan and Ellen F. Siminoff. The trades were conducted under pre-arranged plans and were small relative to their remaining holdings, but they nevertheless add modest selling pressure and may temper sentiment.

About Take-Two Interactive Software

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.