Landscape Capital Management L.L.C. Invests $738,000 in Take-Two Interactive Software, Inc. $TTWO

Landscape Capital Management L.L.C. bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the second quarter, Holdings Channel.com reports. The fund bought 2,953 shares of the company’s stock, valued at approximately $738,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Korea Investment CORP bought a new stake in Take-Two Interactive Software during the 2nd quarter valued at about $37,539,000. EP Wealth Advisors LLC bought a new position in Take-Two Interactive Software in the 2nd quarter worth about $1,049,000. Ieq Capital LLC bought a new position in Take-Two Interactive Software in the 2nd quarter worth about $16,528,000. Callan Family Office LLC purchased a new position in shares of Take-Two Interactive Software during the second quarter worth approximately $1,108,000. Finally, Keating Financial Advisory Services Inc. purchased a new position in shares of Take-Two Interactive Software during the second quarter worth approximately $86,000. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO opened at $239.62 on Monday. The firm has a 50 day moving average of $241.97 and a 200 day moving average of $221.75. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $44.80 billion, a price-to-earnings ratio of -138.51, a price-to-earnings-growth ratio of 1.59 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate 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 the consensus estimate of $1.36 billion. During the same period last year, the business posted ($0.07) EPS. The firm’s revenue 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. On average, sell-side analysts predict that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

Insider Activity

In other Take-Two Interactive Software news, Director Michael Sheresky sold 127 shares of Take-Two Interactive Software stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $245.01, for a total value of $31,116.27. Following the transaction, the director owned 65,368 shares in the company, valued at $16,015,813.68. The trade was a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $252.64, for a total transaction of $10,105,600.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 610,759 shares of company stock worth $138,737,789 over the last ninety days. 1.12% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

TTWO has been the subject of a number of research reports. Wedbush reiterated an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a report on Monday, August 10th. Zacks Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. DA Davidson reaffirmed a “buy” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Roth Capital upped their target price on Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Finally, Bank of America increased their price target on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Take-Two Interactive Software currently has an average rating of “Buy” and a consensus target price of $296.95.

Take-Two Interactive Software Company 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.