Robeco Institutional Asset Management B.V. increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 3.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 458,745 shares of the company’s stock after acquiring an additional 13,543 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Take-Two Interactive Software were worth $95,190,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Cypress Capital LLC increased its holdings in Take-Two Interactive Software by 6.7% during the 3rd quarter. Cypress Capital LLC now owns 1,110 shares of the company’s stock worth $230,000 after purchasing an additional 70 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Take-Two Interactive Software by 2.0% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 23,494 shares of the company’s stock valued at $4,875,000 after buying an additional 466 shares during the last quarter. CWA Asset Management Group LLC boosted its stake in shares of Take-Two Interactive Software by 14.3% during the 3rd quarter. CWA Asset Management Group LLC now owns 993 shares of the company’s stock valued at $206,000 after buying an additional 124 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of Take-Two Interactive Software by 398.2% during the 3rd quarter. IFP Advisors Inc now owns 11,335 shares of the company’s stock valued at $2,352,000 after buying an additional 9,060 shares during the last quarter. Finally, New England Research & Management Inc. acquired a new stake in shares of Take-Two Interactive Software during the third quarter worth approximately $472,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.
Insider Activity
In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 917 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $217.65, for a total transaction of $199,585.05. Following the completion of the sale, the insider owned 113,071 shares in the company, valued at $24,609,903.15. The trade was a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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. Also, Director LaVerne Srinivasan sold 362 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $88,693.62. Following the sale, the director directly owned 8,357 shares in the company, valued at $2,047,548.57. This trade represents a 4.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 53,636 shares of company stock valued at $12,930,991 over the last three months. 1.12% of the stock is currently owned by company insiders.
Take-Two Interactive Software Trading Down 0.3%
NASDAQ:TTWO opened at $206.16 on Thursday. The company has a market cap of $38.55 billion, a PE ratio of -119.17, a P/E/G ratio of 1.44 and a beta of 0.97. The business’s 50 day moving average is $215.89 and its two-hundred day moving average is $224.41. 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, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last issued its quarterly earnings results 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). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the firm posted ($0.07) earnings per share. Take-Two Interactive Software’s revenue was down 2.1% compared to the same quarter last year. 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, analysts predict that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on TTWO. Robert W. Baird lifted their price target on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. JPMorgan Chase & Co. began coverage on shares of Take-Two Interactive Software in a research note on Tuesday, August 11th. They set an “overweight” rating and a $310.00 price objective on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. Finally, Wells Fargo & Company reissued an “overweight” rating on shares of Take-Two Interactive Software in a research report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $298.82.
Get Our Latest Analysis on Take-Two Interactive Software
About Take-Two Interactive Software
Take-Two Interactive Software, Inc is an American video game publisher and developer headquartered in New York City. Founded in 1993, the company develops and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.
Take-Two operates through several publishing labels, including Rockstar Games, 2K and Zynga. Its portfolio includes major franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and The Quarry, as well as a broad range of mobile and free-to-play titles.
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