5,160 Take-Two Interactive Software, Inc. $TTWO Shares Purchased by Eagle Rock Investment Company LLC

Eagle Rock Investment Company LLC raised its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 13.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 42,433 shares of the company’s stock after acquiring an additional 5,160 shares during the period. Take-Two Interactive Software makes up 1.1% of Eagle Rock Investment Company LLC’s investment portfolio, making the stock its 28th largest holding. Eagle Rock Investment Company LLC’s holdings in Take-Two Interactive Software were worth $8,805,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Take-Two Interactive Software in the second quarter valued at approximately $4,560,679,000. Amundi increased its holdings in Take-Two Interactive Software by 38.1% in the first quarter. Amundi now owns 2,493,985 shares of the company’s stock valued at $492,562,000 after buying an additional 688,133 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Take-Two Interactive Software during the 2nd quarter worth approximately $599,405,000. Royal Bank of Canada boosted its position in Take-Two Interactive Software by 12.2% during the first quarter. Royal Bank of Canada now owns 1,524,234 shares of the company’s stock worth $301,036,000 after purchasing an additional 166,145 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in shares of Take-Two Interactive Software by 1.4% in the first quarter. Bessemer Group Inc. now owns 1,475,888 shares of the company’s stock valued at $291,489,000 after buying an additional 19,702 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $206.16 on Thursday. 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 firm has a market capitalization of $38.55 billion, a P/E ratio of -119.17, a PEG ratio of 1.44 and a beta of 0.97. The firm has a fifty day moving average of $215.89 and a 200-day moving average of $224.41. 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) 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). The company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations 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%. The company’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period last year, the business earned ($0.07) earnings per share. 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. As a group, analysts predict that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.

Insider Transactions at Take-Two Interactive Software

In other news, Director LaVerne Srinivasan sold 362 shares of Take-Two Interactive Software stock in a transaction dated 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 of the company’s stock, valued at approximately $2,047,548.57. The trade was a 4.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Strauss Zelnick sold 40,000 shares of the 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. The SEC filing for this sale provides additional information. Insiders have sold a total of 53,636 shares of company stock worth $12,930,991 over the last three months. Insiders own 1.12% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on TTWO shares. Wells Fargo & Company reissued an “overweight” rating on shares of Take-Two Interactive Software in a research note on Monday, October 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Tuesday, October 6th. JPMorgan Chase & Co. started coverage on Take-Two Interactive Software in a research report on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 price objective on the stock. Robert W. Baird boosted their price objective on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Finally, Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average price target of $298.82.

Take-Two Interactive Software Profile

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.