Take-Two Interactive Software, Inc. $TTWO Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC lifted its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.2% during the third quarter, HoldingsChannel reports. The firm owned 220,022 shares of the company’s stock after purchasing an additional 12,829 shares during the quarter. ProShare Advisors LLC’s holdings in Take-Two Interactive Software were worth $45,655,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Silicon Valley Capital Partners bought a new position in Take-Two Interactive Software during the second quarter valued at about $25,000. Mosley Wealth Management raised its position in Take-Two Interactive Software by 266.7% in the second quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after acquiring an additional 80 shares during the period. Burkett Financial Services LLC purchased a new position in Take-Two Interactive Software in the third quarter valued at about $28,000. Washington Trust Advisors Inc. boosted its stake in Take-Two Interactive Software by 116.4% in the second quarter. Washington Trust Advisors Inc. now owns 119 shares of the company’s stock valued at $30,000 after acquiring an additional 64 shares during the last quarter. Finally, Meeder Asset Management Inc. bought a new position in shares of Take-Two Interactive Software during the 2nd quarter valued at approximately $32,000. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $190.17 on Monday. The company’s 50 day moving average is $210.49 and its 200-day moving average is $220.09. Take-Two Interactive Software, Inc. has a 12-month low of $183.86 and a 12-month high of $265.94. 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 firm has a market cap of $35.56 billion, a P/E ratio of -109.92, a price-to-earnings-growth ratio of 1.41 and a beta of 0.93.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate 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 business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period last year, the business posted ($0.07) earnings per share. The firm’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. Sell-side analysts predict that Take-Two Interactive Software, Inc. will post 5.19 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company restated an “overweight” rating on shares of Take-Two Interactive Software in a research note on Monday, October 12th. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Arete Research lowered their target price on Take-Two Interactive Software from $308.00 to $295.00 and set a “buy” rating on the stock in a research note on Wednesday, September 9th. JPMorgan Chase & Co. began coverage on Take-Two Interactive Software in a research report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 price target on the stock. Finally, The Goldman Sachs Group increased their price target on Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Twenty-two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $289.95.

Insider Activity

In other news, Director William Gordon sold 10,000 shares of the firm’s stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $202.39, for a total value of $2,023,900.00. Following the completion of the transaction, the director directly owned 47,187 shares of the company’s stock, valued at $9,550,176.93. This trade represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ellen Siminoff sold 334 shares of Take-Two Interactive Software stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $202.92, for a total value of $67,775.28. Following the completion of the transaction, the director owned 1,332 shares of the company’s stock, valued at approximately $270,289.44. This trade represents a 20.05% 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. Over the last quarter, insiders have sold 53,636 shares of company stock valued at $12,930,991. 1.12% of the stock is currently owned by corporate insiders.

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.