BTG Pactual Asset Management US LLC Boosts Stake in Take-Two Interactive Software, Inc. $TTWO

BTG Pactual Asset Management US LLC grew its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 299.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,970 shares of the company’s stock after buying an additional 9,720 shares during the quarter. BTG Pactual Asset Management US LLC’s holdings in Take-Two Interactive Software were worth $3,242,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of TTWO. Benjamin Edwards Inc. increased its position in shares of Take-Two Interactive Software by 5.4% during the second quarter. Benjamin Edwards Inc. now owns 8,402 shares of the company’s stock valued at $2,100,000 after acquiring an additional 430 shares during the last quarter. GTS Securities LLC boosted its position in Take-Two Interactive Software by 106.0% in the second quarter. GTS Securities LLC now owns 3,556 shares of the company’s stock worth $889,000 after purchasing an additional 1,830 shares during the last quarter. Alyeska Investment Group L.P. grew its stake in Take-Two Interactive Software by 69.1% in the 2nd quarter. Alyeska Investment Group L.P. now owns 984,245 shares of the company’s stock valued at $246,042,000 after purchasing an additional 402,351 shares during the period. New Mexico Educational Retirement Board grew its stake in Take-Two Interactive Software by 8.8% in the 2nd quarter. New Mexico Educational Retirement Board now owns 8,650 shares of the company’s stock valued at $2,162,000 after purchasing an additional 700 shares during the period. Finally, Mufg Securities Americas Inc. increased its position in shares of Take-Two Interactive Software by 8.9% during the 2nd quarter. Mufg Securities Americas Inc. now owns 5,243 shares of the company’s stock valued at $1,311,000 after purchasing an additional 427 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 40,000 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $252.64, for a total value of $10,105,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Sheresky sold 127 shares of Take-Two Interactive Software stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $245.01, for a total value of $31,116.27. Following the transaction, the director directly owned 65,368 shares of the company’s stock, valued at $16,015,813.68. The trade was a 0.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 122,448 shares of company stock worth $28,084,217 in the last 90 days. 1.12% of the stock is owned by company insiders.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $235.39 on Monday. The firm’s 50 day moving average is $242.28 and its 200 day moving average is $222.89. The stock has a market capitalization of $44.01 billion, a P/E ratio of -136.06, a PEG ratio of 1.56 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $265.94. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.07) earnings per share. 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 anticipate that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TTWO has been the topic of a number of recent analyst reports. Wells Fargo & Company lifted their target price on Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Oppenheimer boosted their target price on shares of Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Finally, Roth Capital increased their target price on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $296.95.

Trending Headlines about Take-Two Interactive Software

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

• Positive Sentiment: Take-Two released an extended preview of GTA 6, giving gamers and investors a closer look at the highly anticipated title and increasing confidence in its commercial potential. Take-Two entices gamers with Grand Theft Auto 6 video preview
• Positive Sentiment: Wall Street is responding favorably to the new footage and confirmed November release, with the anticipated launch helping lift Take-Two shares and reinforcing the importance of GTA 6 to the company’s growth outlook. Wall Street Buys the GTA 6 Hype. Take-Two Stock Gets a Lift.
• Positive Sentiment: Take-Two shares moved higher in premarket trading after the first gameplay showcase, which was released through Netflix and described by a gaming-industry executive as a significant moment for the industry. Take-Two shares move higher pre-market as gamers get first look at GTA 6
• Positive Sentiment: Investors purchased 22,488 TTWO call options, approximately 58% above typical activity, signaling increased speculative bullish interest ahead of the GTA 6 showcase and launch.
• Neutral Sentiment: Earlier leaks had created pressure ahead of the official showcase, but the formal release of footage appears to have shifted attention back toward the game’s potential rather than the leak-related uncertainty. These two stocks rally after GTA 6 trailer release
• Neutral Sentiment: Reports that an alleged GTA 6 leaker is cashing out cryptocurrency concern a related memecoin more directly than Take-Two’s operating business and appear unlikely to materially affect TTWO fundamentals. GTA 6 leaker Cyberleek reportedly begins cashing out crypto
• Negative Sentiment: Zacks Research downgraded Take-Two from “strong-buy” to “hold,” providing a counterweight to the positive GTA 6 momentum and potentially limiting further gains. Zacks Research

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.