4,198 Shares in Take-Two Interactive Software, Inc. $TTWO Purchased by EP Wealth Advisors LLC

EP Wealth Advisors LLC bought a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 4,198 shares of the company’s stock, valued at approximately $1,049,000.

A number of other institutional investors also recently modified their holdings of the business. MCF Advisors LLC purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter worth $25,000. Mosley Wealth Management grew its holdings in shares of Take-Two Interactive Software by 266.7% during the second quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after purchasing an additional 80 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of Take-Two Interactive Software in the 2nd quarter worth $32,000. Essential Partners LLC increased its stake in Take-Two Interactive Software by 333.3% in the first quarter. Essential Partners LLC now owns 169 shares of the company’s stock valued at $33,000 after acquiring an additional 130 shares during the last quarter. Finally, Rachor Investment Advisory Services LLC purchased a new position in shares of Take-Two Interactive Software during the 4th quarter valued at about $34,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 21,102 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $219.61, for a total transaction of $4,634,210.22. Following the completion of the transaction, the insider owned 131,668 shares of the company’s stock, valued at $28,915,609.48. This represents a 13.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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, President Karl Slatoff sold 208,969 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $227.34, for a total value of $47,507,012.46. Following the transaction, the president owned 1,006,021 shares of the company’s stock, valued at $228,708,814.14. This represents a 17.20% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 610,759 shares of company stock worth $138,737,789 over the last 90 days. Company insiders own 1.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TTWO. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. JPMorgan Chase & Co. assumed 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 target price on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. Piper Sandler reissued an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a research note on Friday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of “Buy” and an average target price of $296.95.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $239.62 on Monday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. The firm’s 50 day simple moving average is $241.97 and its two-hundred day simple moving average is $221.75. The company has a market capitalization of $44.80 billion, a P/E ratio of -138.51, a P/E/G ratio of 1.59 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 1-year low of $187.63 and a 1-year high of $265.94.

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). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period last year, the company earned ($0.07) EPS. The business’s revenue was down 2.1% on a year-over-year basis. 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 expect that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year.

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.