14,129 Shares in Take-Two Interactive Software, Inc. $TTWO Purchased by EFG International AG

EFG International AG purchased a new stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 14,129 shares of the company’s stock, valued at approximately $3,531,000.

A number of other institutional investors also recently made changes to their positions in the company. Primecap Management Co. CA acquired a new stake in Take-Two Interactive Software during the 2nd quarter worth approximately $23,480,000. Canada Pension Plan Investment Board bought a new stake in shares of Take-Two Interactive Software in the second quarter valued at about $26,156,000. Legal & General Group Plc bought a new stake in shares of Take-Two Interactive Software in the second quarter valued at about $277,219,000. The Manufacturers Life Insurance Company acquired a new position in shares of Take-Two Interactive Software in the second quarter valued at about $21,864,000. Finally, Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of Take-Two Interactive Software in the second quarter valued at about $75,000. Institutional investors own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on TTWO shares. Robert W. Baird lifted their price objective 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, August 10th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. Bank of America boosted their price target on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Wedbush reissued an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Finally, Zacks Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. 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 MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Buy” and an average price target of $296.95.

Take-Two Interactive Software Trading Up 0.2%

TTWO opened at $233.45 on Thursday. The stock has a market capitalization of $43.65 billion, a price-to-earnings ratio of -134.94, a P/E/G ratio of 1.55 and a beta of 0.97. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. Take-Two Interactive Software, Inc. has a twelve month low of $187.63 and a twelve month high of $265.94. The company has a 50-day simple moving average of $242.48 and a 200 day simple moving average of $222.41.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate 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%. Take-Two Interactive Software’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the prior 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. Analysts predict that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 127 shares of Take-Two Interactive Software stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $245.01, for a total value of $31,116.27. Following the transaction, the director directly owned 65,368 shares of the company’s stock, valued at $16,015,813.68. This trade represents a 0.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Strauss Zelnick sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $252.64, for a total transaction of $10,105,600.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 540,759 shares of company stock worth $123,183,789 in the last three months. Company insiders own 1.12% of the company’s stock.

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.