Troy Asset Management Ltd Reduces Stock Position in Take-Two Interactive Software, Inc. $TTWO

Troy Asset Management Ltd lowered its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 17.7% during the 4th quarter, HoldingsChannel reports. The fund owned 65,950 shares of the company’s stock after selling 14,211 shares during the period. Take-Two Interactive Software comprises 0.4% of Troy Asset Management Ltd’s portfolio, making the stock its 26th biggest holding. Troy Asset Management Ltd’s holdings in Take-Two Interactive Software were worth $16,885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. LBP AM SA raised its position in shares of Take-Two Interactive Software by 298.2% in the fourth quarter. LBP AM SA now owns 64,611 shares of the company’s stock worth $16,542,000 after buying an additional 48,384 shares in the last quarter. AGF Management Ltd. increased its stake in Take-Two Interactive Software by 33.1% in the third quarter. AGF Management Ltd. now owns 72,828 shares of the company’s stock valued at $18,816,000 after acquiring an additional 18,119 shares during the last quarter. Compass Wealth Management LLC bought a new position in Take-Two Interactive Software in the third quarter valued at $3,419,000. M&G PLC bought a new position in Take-Two Interactive Software in the third quarter valued at $12,465,000. Finally, Robeco Institutional Asset Management B.V. increased its stake in Take-Two Interactive Software by 24.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 585,950 shares of the company’s stock valued at $150,021,000 after acquiring an additional 114,403 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $227.55 on Monday. The stock’s 50-day moving average price is $211.92 and its 200-day moving average price is $225.66. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $264.79. The stock has a market capitalization of $42.14 billion, a P/E ratio of -140.46, a price-to-earnings-growth ratio of 3.45 and a beta of 0.97. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71.

Analysts Set New Price Targets

A number of research firms recently commented on TTWO. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research note on Friday. UBS Group increased their target price on Take-Two Interactive Software from $292.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday. Raymond James Financial raised Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 target price on the stock in a research note on Tuesday, February 10th. Finally, Wedbush reissued an “outperform” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and an average price target of $287.53.

Insider Buying and Selling

In other news, Director Michael Dornemann sold 1,390 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $213.09, for a total transaction of $296,195.10. Following the transaction, the director directly owned 21,525 shares of the company’s stock, valued at approximately $4,586,762.25. This trade represents a 6.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ellen F. Siminoff sold 413 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $207.66, for a total value of $85,763.58. Following the transaction, the director directly owned 2,000 shares in the company, valued at $415,320. This trade represents a 17.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 64,724 shares of company stock valued at $13,866,155 over the last three months. 1.34% of the stock is owned by corporate insiders.

Key Stories Impacting Take-Two Interactive Software

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

• Positive Sentiment: Take-Two beat fiscal Q4 estimates, with stronger-than-expected net bookings, revenue growth, and a narrower loss, while also confirming that Grand Theft Auto VI remains on track for a Nov. 19 release. Article Title
• Positive Sentiment: Wedbush and other analysts highlighted the confirmed GTA VI launch timeline and broad portfolio strength, reinforcing long-term confidence in the stock despite near-term volatility. Article Title
• Neutral Sentiment: Wells Fargo trimmed its price target slightly to $287 from $293 but kept an overweight rating, suggesting continued upside expectations for TTWO. Article Title
• Neutral Sentiment: Unusually large call-option activity showed traders positioning for volatility, likely driven by the GTA VI announcement and earnings release.
• Negative Sentiment: Investors focused on management’s fiscal 2027 bookings guidance of about $8.0 billion to $8.2 billion, which came in below Wall Street expectations and appears to be the main reason the stock is declining. Article Title
• Negative Sentiment: The softer outlook also weighed on sentiment even as the company raised expectations for FY2027 EPS, because revenue and bookings guidance are what matter most for near-term valuation. Article Title

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.