Vise Technologies Inc. Acquires Shares of 5,655 Take-Two Interactive Software, Inc. $TTWO

Vise Technologies Inc. bought a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 5,655 shares of the company’s stock, valued at approximately $1,414,000.

Several other hedge funds have also modified their holdings of the business. BlackRock Inc. acquired a new stake in Take-Two Interactive Software in the second quarter valued at $4,560,679,000. Norges Bank purchased a new stake in Take-Two Interactive Software during the fourth quarter worth about $735,389,000. Bank of New York Mellon Corp purchased a new stake in Take-Two Interactive Software during the second quarter worth about $234,774,000. Deutsche Bank AG acquired a new position in Take-Two Interactive Software during the second quarter worth about $205,858,000. Finally, AQR Capital Management LLC increased its holdings in Take-Two Interactive Software by 162.1% in the fourth quarter. AQR Capital Management LLC now owns 1,138,738 shares of the company’s stock valued at $291,551,000 after buying an additional 704,316 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Robert W. Baird upped their price target on Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. DA Davidson reiterated a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, August 10th. JPMorgan Chase & Co. started coverage on shares of Take-Two Interactive Software in a report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 target price for the company. Wells Fargo & Company raised their price objective on shares of 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. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Buy” and an average price target of $296.95.

Insider Activity at Take-Two Interactive Software

In related news, Director Ellen F. Siminoff sold 334 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $242.34, for a total value of $80,941.56. Following the transaction, the director owned 1,666 shares in the company, valued at approximately $403,738.44. The trade was a 16.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Strauss Zelnick sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $252.64, for a total value of $10,105,600.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 610,759 shares of company stock valued at $138,737,789. 1.12% of the stock is currently owned by corporate insiders.

Take-Two Interactive Software Stock Down 0.2%

Shares of Take-Two Interactive Software stock opened at $239.62 on Friday. The company has a fifty day moving average price of $241.97 and a 200 day moving average price of $221.75. 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, Inc. has a twelve month low of $187.63 and a twelve month high of $265.94. The stock has a market cap of $44.80 billion, a price-to-earnings ratio of -138.51, a price-to-earnings-growth ratio of 1.59 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate 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 company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the business earned ($0.07) earnings per share. The company’s revenue for the quarter 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. Equities research analysts forecast that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

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.