Callan Family Office LLC Invests $1.11 Million in Take-Two Interactive Software, Inc. $TTWO

Callan Family Office LLC acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,431 shares of the company’s stock, valued at approximately $1,108,000.

Several other hedge funds have also recently made changes to their positions in the company. MCF Advisors LLC purchased a new position in Take-Two Interactive Software in the 4th quarter worth $25,000. Mosley Wealth Management grew its stake in Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock valued at $27,000 after purchasing an additional 80 shares during the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Take-Two Interactive Software in the second quarter valued at about $32,000. MV Capital Management Inc. acquired a new position in shares of Take-Two Interactive Software in the fourth quarter valued at about $34,000. Finally, Rachor Investment Advisory Services LLC purchased a new position in shares of Take-Two Interactive Software in the fourth quarter worth about $34,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Down 2.6%

NASDAQ:TTWO opened at $233.50 on Tuesday. The stock’s fifty day moving average is $242.32 and its two-hundred day moving average is $221.90. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $43.66 billion, a price-to-earnings ratio of -134.97, a price-to-earnings-growth ratio of 1.59 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share 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 firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same period in the prior year, the firm earned ($0.07) earnings per share. The business’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. Research analysts anticipate that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on TTWO. Roth Capital lifted their target price on Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, August 10th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. Oppenheimer increased their target price on Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Robert W. Baird lifted their price objective 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. Finally, Wedbush reaffirmed an “outperform” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $296.95.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Jon J. Moses sold 500 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $244.61, for a total transaction of $122,305.00. Following the completion of the transaction, the director owned 21,868 shares in the company, valued at $5,349,131.48. The trade was a 2.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael Dornemann sold 1,151 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $217.02, for a total value of $249,790.02. Following the completion of the transaction, the director directly owned 20,374 shares in the company, valued at $4,421,565.48. This trade represents a 5.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 540,759 shares of company stock valued at $123,183,789 in the last 90 days. Insiders own 1.12% of the company’s stock.

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.