Hudson Bay Capital Management LP Trims Holdings in Take-Two Interactive Software, Inc. $TTWO

Hudson Bay Capital Management LP lowered its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 81,569 shares of the company’s stock after selling 5,658 shares during the quarter. Hudson Bay Capital Management LP’s holdings in Take-Two Interactive Software were worth $21,074,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Compass Wealth Management LLC bought a new position in Take-Two Interactive Software in the 3rd quarter worth $3,419,000. AGF Management Ltd. boosted its stake in shares of Take-Two Interactive Software by 33.1% during the 3rd quarter. AGF Management Ltd. now owns 72,828 shares of the company’s stock valued at $18,816,000 after purchasing an additional 18,119 shares in the last quarter. M&G PLC purchased a new position in shares of Take-Two Interactive Software during the third quarter valued at about $12,465,000. Bank of New York Mellon Corp increased its position in shares of Take-Two Interactive Software by 1.9% during the third quarter. Bank of New York Mellon Corp now owns 1,024,509 shares of the company’s stock valued at $264,692,000 after buying an additional 18,959 shares during the period. Finally, Rakuten Investment Management Inc. bought a new position in Take-Two Interactive Software in the third quarter worth about $10,948,000. 95.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on TTWO shares. UBS Group raised their price objective on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Raymond James Financial upgraded Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 target price on the stock in a report on Tuesday, February 10th. DA Davidson reissued a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday, February 4th. Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, February 2nd. Finally, B. Riley Financial began coverage on Take-Two Interactive Software in a research report on Wednesday, December 10th. They set a “buy” rating and a $300.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $284.44.

Key Stories Impacting Take-Two Interactive Software

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: Multiple brokers reaffirm buy ratings and high targets (DA Davidson, TD Cowen, Wedbush, Benchmark, Arete), supporting upside vs. current levels; DA Davidson reiterated a Buy with a $300 target. Read More.
• Positive Sentiment: Fundamental / growth coverage highlights TTWO as a strong growth/metaverse play and cites solid player engagement and franchise pipeline (helps justify premium multiples and analyst targets). Read More.
• Neutral Sentiment: MarketBeat/aggregation shows a consensus “Moderate Buy” and an average analyst target (~$284.44), indicating broad institutional backing but spread in outlooks. Read More.
• Neutral Sentiment: Sector/competitive developments: Roblox rolled out improved AI-driven discovery that could shift engagement patterns across user-created game ecosystems—this is a sector-level development to monitor for relative engagement trends. Read More.
• Neutral Sentiment: Valuation debate persists: some research notes point to diverging views on upside tied to Grand Theft Auto VI expectations, creating near-term uncertainty around timing of material upside. Read More.
• Negative Sentiment: Insider selling: Director Ellen Siminoff sold 413 shares (~$86k) mid-March, reducing her stake ~16% — a small dollar amount but a visible insider sale that can weigh on sentiment. Read More.

Insider Buying and Selling

In related news, Director Michael Dornemann sold 1,390 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $213.09, for a total value of $296,195.10. Following the sale, the director owned 21,525 shares in the company, valued at $4,586,762.25. This represents a 6.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Daniel P. Emerson sold 810 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $213.47, for a total value of $172,910.70. Following the transaction, the insider directly owned 124,191 shares of the company’s stock, valued at approximately $26,511,052.77. This trade represents a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 65,293 shares of company stock worth $13,994,803 over the last three months. Corporate insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $204.22 on Thursday. Take-Two Interactive Software, Inc. has a fifty-two week low of $188.56 and a fifty-two week high of $264.79. The company has a 50 day simple moving average of $218.36 and a two-hundred day simple moving average of $238.36. The company has a market capitalization of $37.82 billion, a price-to-earnings ratio of -9.13, a P/E/G ratio of 8.47 and a beta of 0.94. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.14 and a current ratio of 1.14.

Take-Two Interactive Software Company 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.