Fiera Capital Corp Takes Position in Take-Two Interactive Software, Inc. $TTWO

Fiera Capital Corp bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWOFree Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 25,510 shares of the company’s stock, valued at approximately $6,195,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Nuveen LLC acquired a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at approximately $288,410,000. Price T Rowe Associates Inc. MD increased its holdings in Take-Two Interactive Software by 425.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company’s stock worth $296,640,000 after buying an additional 1,158,783 shares during the last quarter. Contour Asset Management LLC bought a new stake in shares of Take-Two Interactive Software in the 1st quarter valued at about $180,701,000. Assenagon Asset Management S.A. lifted its stake in 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 purchasing an additional 519,518 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Take-Two Interactive Software by 2.6% in the 1st 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. 95.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TTWO has been the topic of several research analyst reports. DA Davidson upped their price objective on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. UBS Group lifted their price objective on shares of Take-Two Interactive Software from $285.00 to $292.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Benchmark upped their price objective on shares of Take-Two Interactive Software from $275.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, October 16th. Wells Fargo & Company raised their target price on shares of Take-Two Interactive Software from $270.00 to $277.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 7th. Finally, Jefferies Financial Group lifted their target price on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. One equities 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 stock. According to MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average price target of $259.45.

Read Our Latest Research Report on Take-Two Interactive Software

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $235.03 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $43.43 billion, a price-to-earnings ratio of -9.82, a price-to-earnings-growth ratio of 5.10 and a beta of 1.00. Take-Two Interactive Software, Inc. has a twelve month low of $176.68 and a twelve month high of $264.79. The company has a 50-day simple moving average of $251.73 and a two-hundred day simple moving average of $238.88.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last issued its quarterly 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. The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.71 billion. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The firm’s quarterly revenue was up 33.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($2.08) earnings per share. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Insider Transactions at Take-Two Interactive Software

In related news, CEO Strauss Zelnick sold 45,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total value of $10,404,000.00. Following the transaction, the chief executive officer directly owned 281,495 shares of the company’s stock, valued at $65,081,644. This trade represents a 13.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jon J. Moses sold 1,000 shares of Take-Two Interactive Software stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $239.57, for a total value of $239,570.00. Following the completion of the transaction, the director owned 21,901 shares in the company, valued at approximately $5,246,822.57. The trade was a 4.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 140,822 shares of company stock worth $32,309,514. Corporate insiders own 1.34% of the company’s stock.

About Take-Two Interactive Software

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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