Emerald Mutual Fund Advisers Trust Raises Stock Position in Take-Two Interactive Software, Inc. $TTWO

Emerald Mutual Fund Advisers Trust increased its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 63.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 636 shares of the company’s stock after buying an additional 247 shares during the period. Emerald Mutual Fund Advisers Trust’s holdings in Take-Two Interactive Software were worth $154,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Nuveen LLC purchased a new position in Take-Two Interactive Software in the first quarter valued at about $288,410,000. Price T Rowe Associates Inc. MD grew its stake in Take-Two Interactive Software by 425.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company’s stock valued at $296,640,000 after purchasing an additional 1,158,783 shares during the last quarter. Contour Asset Management LLC purchased a new stake in Take-Two Interactive Software in the first quarter valued at approximately $180,701,000. Assenagon Asset Management S.A. boosted its holdings in shares of Take-Two Interactive Software by 107.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company’s stock valued at $243,222,000 after acquiring an additional 519,518 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Take-Two Interactive Software by 2.6% in the first quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company’s stock valued at $4,117,123,000 after purchasing an additional 506,026 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Insiders Place Their Bets

In other news, Director Laverne Evans Srinivasan sold 2,325 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $528,867.75. Following the sale, the director owned 9,063 shares of the company’s stock, valued at $2,061,560.61. The trade was a 20.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Strauss Zelnick sold 20,000 shares of the company’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $230.69, for a total transaction of $4,613,800.00. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 141,822 shares of company stock valued at $32,540,844. Corporate insiders own 1.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on TTWO shares. CICC Research began coverage on shares of Take-Two Interactive Software in a report on Tuesday, September 30th. They set an “outperform” rating and a $272.00 price target on the stock. DA Davidson raised their price objective on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Zacks Research raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday. Arete Research lowered Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. Finally, Citigroup lifted their price target on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $254.14.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $252.78 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $160.83 and a 12 month high of $264.79. The firm has a market capitalization of $46.63 billion, a PE ratio of -10.56, a price-to-earnings-growth ratio of 5.10 and a beta of 1.01. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The business’s fifty day moving average price is $249.61 and its 200 day moving average price is $236.62.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its earnings results on Thursday, August 7th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.33. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The company’s revenue was up 16.4% on a year-over-year basis. During the same period last year, the firm posted ($1.52) EPS. Take-Two Interactive Software has set its Q2 2026 guidance at 0.850-0.950 EPS. FY 2026 guidance at 2.600-2.850 EPS. On average, sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal 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.