Corient Private Wealth LP Acquires New Holdings in Take-Two Interactive Software, Inc. $TTWO

Corient Private Wealth LP bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 26,552 shares of the company’s stock, valued at approximately $6,637,000.

A number of other institutional investors have also recently added to or reduced their stakes in TTWO. Mayflower Financial Advisors LLC increased its position in Take-Two Interactive Software by 3.6% in the 1st quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock valued at $269,000 after acquiring an additional 48 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. lifted its holdings in shares of Take-Two Interactive Software by 5.7% during the first quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company’s stock worth $190,000 after purchasing an additional 52 shares during the period. Huntington National Bank lifted its holdings in shares of Take-Two Interactive Software by 4.5% during the fourth quarter. Huntington National Bank now owns 1,335 shares of the company’s stock worth $342,000 after purchasing an additional 57 shares during the period. UMB Bank n.a. grew its stake in shares of Take-Two Interactive Software by 12.4% in the fourth quarter. UMB Bank n.a. now owns 535 shares of the company’s stock worth $137,000 after purchasing an additional 59 shares during the last quarter. Finally, Ballentine Partners LLC grew its stake in shares of Take-Two Interactive Software by 6.0% in the fourth quarter. Ballentine Partners LLC now owns 1,063 shares of the company’s stock worth $272,000 after purchasing an additional 60 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on TTWO shares. Zacks Research lowered Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Robert W. Baird increased their price target on Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. DA Davidson restated a “buy” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Finally, Oppenheimer lifted their price objective on Take-Two Interactive Software from $265.00 to $280.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. One investment 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 company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $296.95.

Insider Transactions at Take-Two Interactive Software

In other news, Director Michael Dornemann sold 1,151 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $217.02, for a total value of $249,790.02. Following the transaction, the director directly owned 20,374 shares of the company’s stock, valued at $4,421,565.48. The trade was a 5.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Daniel P. Emerson sold 21,102 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $219.61, for a total value of $4,634,210.22. Following the completion of the transaction, the insider directly owned 131,668 shares in the company, valued at $28,915,609.48. This represents a 13.81% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 122,448 shares of company stock worth $28,084,217. Corporate insiders own 1.12% of the company’s stock.

Take-Two Interactive Software Stock Performance

TTWO opened at $235.39 on Monday. Take-Two Interactive Software, Inc. has a twelve month low of $187.63 and a twelve month high of $265.94. The company has a fifty day moving average of $242.28 and a 200-day moving average of $222.89. The stock has a market cap of $44.01 billion, a PE ratio of -136.06, a price-to-earnings-growth ratio of 1.56 and a beta of 0.97. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.51). The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates 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%. Take-Two Interactive Software’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.07) EPS. 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 predict that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current year.

Key Stories Impacting 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 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.