Nations Financial Group Inc. IA ADV Takes Position in Take-Two Interactive Software, Inc. $TTWO

Nations Financial Group Inc. IA ADV acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,223 shares of the company’s stock, valued at approximately $1,306,000.

A number of other hedge funds have also recently made changes to their positions in TTWO. MCF Advisors LLC acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at approximately $25,000. Mosley Wealth Management lifted its stake in 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. GHP Investment Advisors Inc. acquired a new position in Take-Two Interactive Software during the fourth quarter worth $28,000. Essential Partners LLC boosted its position in shares of Take-Two Interactive Software by 333.3% during the first quarter. Essential Partners LLC now owns 169 shares of the company’s stock worth $33,000 after buying an additional 130 shares during the period. Finally, Rachor Investment Advisory Services LLC purchased a new position in shares of Take-Two Interactive Software during the fourth quarter worth $34,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

TTWO has been the subject of a number of research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Take-Two Interactive Software in a research note on Friday, July 10th. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, July 28th. Wells Fargo & Company raised their target price on Take-Two Interactive Software from $289.00 to $300.00 and gave the company an “overweight” rating in a report on Monday. Bank of America lifted their target price on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Finally, Robert W. Baird boosted their price target on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a research note on Monday. Two investment 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’s stock. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Buy” and a consensus target price of $296.95.

Insider Buying and Selling

In related news, President Karl Slatoff sold 208,969 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $227.34, for a total transaction of $47,507,012.46. Following the completion of the transaction, the president directly owned 1,006,021 shares of the company’s stock, valued at $228,708,814.14. The trade was a 17.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Strauss Zelnick sold 208,969 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $227.34, for a total value of $47,507,012.46. Following the sale, the chief executive officer owned 1,006,021 shares in the company, valued at approximately $228,708,814.14. This trade represents a 17.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 609,936 shares of company stock valued at $138,537,038. Company insiders own 1.12% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $241.91 on Friday. The firm has a 50 day moving average of $238.48 and a two-hundred day moving average of $221.53. The stock has a market capitalization of $45.23 billion, a PE ratio of -139.83, a P/E/G ratio of 1.68 and a beta of 0.97. The company has a quick ratio of 1.24, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. 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 posted 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 company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the prior year, the company posted ($0.07) EPS. The firm’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. On average, research analysts predict that Take-Two Interactive Software, Inc. will post 5.3 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.