E Fund Management Co. Ltd. Invests $1.79 Million in Take-Two Interactive Software, Inc. $TTWO

E Fund Management Co. Ltd. acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,158 shares of the company’s stock, valued at approximately $1,789,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. First Horizon Corp increased its stake in Take-Two Interactive Software by 26.4% in the 4th quarter. First Horizon Corp now owns 220 shares of the company’s stock valued at $56,000 after buying an additional 46 shares during the period. Mayflower Financial Advisors LLC increased its stake in shares of Take-Two Interactive Software by 3.6% during the first quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock worth $269,000 after acquiring an additional 48 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. raised its holdings in Take-Two Interactive Software by 5.7% during the first quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company’s stock worth $190,000 after purchasing an additional 52 shares in the last quarter. Huntington National Bank lifted its position in Take-Two Interactive Software by 4.5% in the fourth quarter. Huntington National Bank now owns 1,335 shares of the company’s stock valued at $342,000 after purchasing an additional 57 shares during the period. Finally, UMB Bank n.a. lifted its position in Take-Two Interactive Software by 12.4% in the fourth quarter. UMB Bank n.a. now owns 535 shares of the company’s stock valued at $137,000 after purchasing an additional 59 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on TTWO shares. JPMorgan Chase & Co. assumed coverage on Take-Two Interactive Software in a research note on Tuesday, August 11th. They set an “overweight” rating and a $310.00 target price for the company. Oppenheimer lifted their price target on Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Wells Fargo & Company upped their price objective on Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Bank of America increased their price objective on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Finally, DA Davidson reissued a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of “Buy” and an average price target of $296.95.

Insiders Place Their Bets

In other news, President Karl Slatoff sold 208,969 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $227.34, for a total transaction of $47,507,012.46. Following the completion of the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel P. Emerson sold 21,102 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $219.61, for a total value of $4,634,210.22. Following the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. 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. Over the last three months, insiders have sold 610,759 shares of company stock valued at $138,737,789. 1.12% of the stock is owned by corporate insiders.

Key Take-Two Interactive Software News

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

• Positive Sentiment: Analysts maintain a broadly bullish view of TTWO, with a consensus “Buy” rating and an average price target of approximately $296.95. DA Davidson, Oppenheimer and Robert W. Baird recently reiterated or upgraded their targets, citing the company’s long-term growth prospects. Take-Two Interactive Software Given Consensus Recommendation of Buy by Analysts
• Positive Sentiment: Institutional demand provides a supportive ownership backdrop: BlackRock, Norges Bank, Bank of America and other large investors recently established or expanded positions. Institutions now own roughly 95% of the outstanding shares.
• Positive Sentiment: New GTA 6 gameplay material briefly increased investor interest in Take-Two, highlighting the franchise’s ability to generate substantial market attention ahead of its release. TTWO Stock Reacts as GTA 6 Gameplay Leaked Online
• Neutral Sentiment: The leak has not been confirmed as an official company announcement and does not provide new information about the game’s launch timing, pricing or sales outlook. As a result, the initial rally faded rather than developing into a sustained move.
• Negative Sentiment: Take-Two’s latest quarterly results showed an adjusted loss of $0.18 per share versus expectations for earnings of $0.33, although revenue of $1.53 billion exceeded estimates. Revenue also declined 2.1% year over year, keeping profitability concerns in focus.
• Negative Sentiment: Several directors sold shares, including Michael Sheresky, Laverne Evans Srinivasan and Ellen F. Siminoff. The trades were conducted under pre-arranged plans and were small relative to their remaining holdings, but they nevertheless add modest selling pressure and may temper sentiment.

Take-Two Interactive Software Stock Down 2.2%

Shares of NASDAQ:TTWO opened at $237.04 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 company has a market capitalization of $44.32 billion, a P/E ratio of -137.02, a P/E/G ratio of 1.61 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 52-week low of $187.63 and a 52-week high of $265.94. The stock’s fifty day simple moving average is $240.85 and its 200-day simple moving average is $221.49.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the previous year, the company posted ($0.07) EPS. The business’s quarterly 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. As a group, equities research analysts forecast that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

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.