256,121 Shares in Take-Two Interactive Software, Inc. $TTWO Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 256,121 shares of the company’s stock, valued at approximately $53,145,000.

Several other institutional investors have also modified their holdings of TTWO. BlackRock Inc. acquired a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $4,560,679,000. Amundi raised its holdings in Take-Two Interactive Software by 38.1% during the first quarter. Amundi now owns 2,493,985 shares of the company’s stock worth $492,562,000 after purchasing an additional 688,133 shares during the last quarter. Bank of America Corp DE acquired a new position in Take-Two Interactive Software during the second quarter worth $599,405,000. Royal Bank of Canada boosted its position in Take-Two Interactive Software by 12.2% during the first quarter. Royal Bank of Canada now owns 1,524,234 shares of the company’s stock worth $301,036,000 after purchasing an additional 166,145 shares in the last quarter. Finally, Bessemer Group Inc. grew its holdings in Take-Two Interactive Software by 1.4% in the first quarter. Bessemer Group Inc. now owns 1,475,888 shares of the company’s stock valued at $291,489,000 after purchasing an additional 19,702 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. DA Davidson restated a “buy” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. JPMorgan Chase & Co. started coverage on shares of Take-Two Interactive Software in a report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 target price for the company. Finally, The Goldman Sachs Group lifted their target price on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Twenty-two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $289.95.

Insider Buying and Selling at Take-Two Interactive Software

In related news, insider Daniel Emerson sold 744 shares of Take-Two Interactive Software stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $217.03, for a total transaction of $161,470.32. Following the completion of the sale, the insider owned 112,327 shares in the company, valued at approximately $24,378,328.81. This trade represents a 0.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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. Also, Director Michael Sheresky sold 484 shares of the business’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $203.69, for a total transaction of $98,585.96. Following the completion of the transaction, the director directly owned 66,010 shares of the company’s stock, valued at $13,445,576.90. The trade was a 0.73% 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 quarter, insiders have sold 53,636 shares of company stock valued at $12,930,991. 1.12% of the stock is owned by company insiders.

Take-Two Interactive Software Price Performance

Shares of NASDAQ:TTWO opened at $190.17 on Monday. The business’s fifty day moving average price is $210.49 and its two-hundred day moving average price is $220.09. The stock has a market cap of $35.56 billion, a PE ratio of -109.92, a price-to-earnings-growth ratio of 1.41 and a beta of 0.93. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. Take-Two Interactive Software, Inc. has a one year low of $183.86 and a one year high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results 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 during the quarter, compared to analyst estimates of $1.36 billion. During the same period last year, the firm earned ($0.07) earnings per share. The business’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, analysts forecast that Take-Two Interactive Software, Inc. will post 5.19 EPS for the current fiscal year.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc is an American video game publisher and developer headquartered in New York City. Founded in 1993, the company develops and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.

Take-Two operates through several publishing labels, including Rockstar Games, 2K and Zynga. Its portfolio includes major franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and The Quarry, as well as a broad range of mobile and free-to-play titles.