Edmond DE Rothschild Holding S.A. Purchases Shares of 3,712 Take-Two Interactive Software, Inc. $TTWO

Edmond DE Rothschild Holding S.A. acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 3,712 shares of the company’s stock, valued at approximately $928,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. BlackRock Inc. bought a new position in shares of Take-Two Interactive Software in the second quarter valued at approximately $4,560,679,000. Norges Bank bought a new stake in Take-Two Interactive Software during the fourth quarter worth $735,389,000. Bank of New York Mellon Corp bought a new stake in Take-Two Interactive Software during the second quarter worth $234,774,000. Deutsche Bank AG purchased a new stake in Take-Two Interactive Software in the 2nd quarter valued at $205,858,000. Finally, AQR Capital Management LLC raised its position in Take-Two Interactive Software by 162.1% in the 4th quarter. AQR Capital Management LLC now owns 1,138,738 shares of the company’s stock valued at $291,551,000 after buying an additional 704,316 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 334 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $242.34, for a total transaction of $80,941.56. Following the completion of the transaction, the director directly owned 1,666 shares of the company’s stock, valued at $403,738.44. This represents a 16.70% decrease in their position. 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 Laverne Evans Srinivasan sold 362 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $245.01, for a total transaction of $88,693.62. Following the transaction, the director directly owned 8,357 shares of the company’s stock, valued at $2,047,548.57. This represents a 4.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 610,759 shares of company stock valued at $138,737,789 in the last three months. 1.12% of the stock is owned by corporate insiders.

Take-Two Interactive Software Stock Up 1.3%

Shares of NASDAQ:TTWO opened at $240.15 on Friday. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $265.94. The company has a market capitalization of $44.90 billion, a PE ratio of -138.81, a price-to-earnings-growth ratio of 1.57 and a beta of 0.97. The business has a fifty day moving average price of $241.41 and a two-hundred day moving average price of $221.63. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06.

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 analysts’ consensus estimates of $0.33 by ($0.51). The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The company’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm 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 forecast that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on TTWO. 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 report on Monday, August 10th. JPMorgan Chase & Co. began coverage on shares of Take-Two Interactive Software in a report on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 target price for the company. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. Zacks Research upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Finally, Bank of America increased their price objective on shares of 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. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Buy” and an average target price of $296.95.

About Take-Two Interactive Software

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.