Boston Partners trimmed its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 13.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 242,563 shares of the company’s stock after selling 39,296 shares during the quarter. Boston Partners’ holdings in Take-Two Interactive Software were worth $58,859,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in TTWO. Hodges Capital Management Inc. bought a new stake in shares of Take-Two Interactive Software during the second quarter valued at approximately $389,000. Vise Technologies Inc. acquired a new stake in Take-Two Interactive Software in the 2nd quarter valued at $537,000. First Dallas Securities Inc. bought a new stake in Take-Two Interactive Software during the 2nd quarter valued at $200,000. Allworth Financial LP raised its holdings in Take-Two Interactive Software by 173.9% during the second quarter. Allworth Financial LP now owns 2,375 shares of the company’s stock worth $577,000 after buying an additional 1,508 shares during the last quarter. Finally, Davis R M Inc. raised its holdings in Take-Two Interactive Software by 3.5% during the second quarter. Davis R M Inc. now owns 246,776 shares of the company’s stock worth $59,930,000 after buying an additional 8,301 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. UBS Group boosted their target price on shares of Take-Two Interactive Software from $285.00 to $292.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Jefferies Financial Group lifted their price target on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Wall Street Zen downgraded Take-Two Interactive Software from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Take-Two Interactive Software in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. increased their price target on Take-Two Interactive Software from $250.00 to $275.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus target price of $259.45.
Insider Activity at Take-Two Interactive Software
In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 45,000 shares of the company’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total transaction of $10,404,000.00. Following the sale, the chief executive officer directly owned 281,495 shares of the company’s stock, valued at $65,081,644. This represents a 13.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jon J. Moses sold 1,000 shares of Take-Two Interactive Software stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $231.33, for a total transaction of $231,330.00. Following the completion of the transaction, the director owned 22,901 shares of the company’s stock, valued at $5,297,688.33. The trade was a 4.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 141,822 shares of company stock worth $32,540,844 in the last three months. Corporate insiders own 1.34% of the company’s stock.
Take-Two Interactive Software Stock Down 0.1%
Take-Two Interactive Software stock opened at $240.34 on Thursday. The firm has a 50 day moving average price of $251.88 and a 200-day moving average price of $238.82. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. Take-Two Interactive Software, Inc. has a twelve month low of $176.68 and a twelve month high of $264.79. The company has a market capitalization of $44.34 billion, a P/E ratio of -10.04, a P/E/G ratio of 5.10 and a beta of 1.00.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.91 by $0.13. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the prior year, the business earned ($2.08) earnings per share. Take-Two Interactive Software’s revenue for the quarter was up 33.3% on a year-over-year basis. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts predict that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.
Take-Two Interactive Software Profile
Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.
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