Central Asset Investments & Management Holdings HK Ltd boosted its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 35.3% in the second quarter, Holdings Channel.com reports. The firm owned 4,600 shares of the company’s stock after acquiring an additional 1,200 shares during the quarter. Take-Two Interactive Software comprises about 0.8% of Central Asset Investments & Management Holdings HK Ltd’s portfolio, making the stock its 26th largest position. Central Asset Investments & Management Holdings HK Ltd’s holdings in Take-Two Interactive Software were worth $1,117,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of TTWO. Mirae Asset Global Investments Co. Ltd. increased its stake in Take-Two Interactive Software by 21.4% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 297,783 shares of the company’s stock worth $72,317,000 after acquiring an additional 52,524 shares during the last quarter. Ninety One UK Ltd lifted its stake in shares of Take-Two Interactive Software by 22.8% in the 2nd quarter. Ninety One UK Ltd now owns 1,801,582 shares of the company’s stock valued at $437,514,000 after purchasing an additional 334,946 shares in the last quarter. Perigon Wealth Management LLC grew its holdings in shares of Take-Two Interactive Software by 79.2% during the 2nd quarter. Perigon Wealth Management LLC now owns 2,251 shares of the company’s stock worth $547,000 after purchasing an additional 995 shares during the period. PNC Financial Services Group Inc. increased its position in Take-Two Interactive Software by 14.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 23,829 shares of the company’s stock worth $4,939,000 after purchasing an additional 2,946 shares in the last quarter. Finally, Swedbank AB raised its holdings in Take-Two Interactive Software by 9.8% in the first quarter. Swedbank AB now owns 115,042 shares of the company’s stock valued at $23,842,000 after buying an additional 10,305 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. Wall Street Zen downgraded shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. BMO Capital Markets lifted their target price 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. Wells Fargo & Company upped their price target on shares of Take-Two Interactive Software from $270.00 to $277.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. Citigroup raised their price objective on 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. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $259.45.
Insider Activity at Take-Two Interactive Software
In other news, Director Jon J. Moses sold 1,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $239.57, for a total transaction of $239,570.00. Following the completion of the transaction, the director directly owned 21,901 shares in the company, valued at approximately $5,246,822.57. This represents a 4.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the firm’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 directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 141,822 shares of company stock worth $32,540,844 over the last ninety days. Company insiders own 1.34% of the company’s stock.
Take-Two Interactive Software Stock Performance
Shares of TTWO stock opened at $240.70 on Wednesday. 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 company’s fifty day moving average price is $251.85 and its two-hundred day moving average price is $238.81. The firm has a market capitalization of $44.40 billion, a P/E ratio of -10.05, a P/E/G ratio of 5.10 and a beta of 1.00. Take-Two Interactive Software, Inc. has a 12 month low of $176.68 and a 12 month high of $264.79.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last announced its earnings results on Thursday, November 6th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The business had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the previous year, the company earned ($2.08) earnings per share. The company’s revenue for the quarter was up 33.3% compared to the same quarter last year. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. On average, research analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.
Take-Two Interactive Software Profile
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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