Take-Two Interactive Software, Inc. $TTWO Stock Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. boosted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 66.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 140,485 shares of the company’s stock after purchasing an additional 55,976 shares during the period. Jefferies Financial Group Inc.’s holdings in Take-Two Interactive Software were worth $29,151,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TTWO. BlackRock Inc. bought a new position in Take-Two Interactive Software during the 2nd quarter valued at $4,560,679,000. Bank of America Corp DE bought a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth $599,405,000. Legal & General Group Plc bought a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth $277,219,000. Bank of New York Mellon Corp bought a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth $234,774,000. Finally, Deutsche Bank AG acquired a new stake in shares of Take-Two Interactive Software in the second quarter valued at $205,858,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Take-Two Interactive Software

In related news, Director LaVerne Srinivasan sold 362 shares of Take-Two Interactive Software stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $245.01, for a total value of $88,693.62. Following the transaction, the director owned 8,357 shares of the company’s stock, valued at approximately $2,047,548.57. This trade represents a 4.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ellen F. Siminoff sold 334 shares of Take-Two Interactive Software stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $202.92, for a total value of $67,775.28. Following the completion of the transaction, the director directly owned 1,332 shares in the company, valued at $270,289.44. This represents a 20.05% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 13,636 shares of company stock valued at $2,825,391 over the last 90 days. 1.12% of the stock is owned by insiders.

More Take-Two Interactive Software News

Investors following TTWO have been watching these news items:

• Positive Sentiment: GTA VI demand is the main catalyst. Management said preorders are tracking “far in excess” of expectations and confirmed the game’s November 19 launch, reducing concerns about another delay. Article: Take-Two stock rises on unprecedented preorders
• Positive Sentiment: Full-year bookings guidance remains intact. Take-Two reiterated its fiscal 2027 net bookings outlook of $8.0 billion to $8.2 billion despite the quarterly shortfall, reinforcing confidence in the upcoming release and its broader slate. Article: Take-Two reiterates fiscal 2027 bookings outlook
• Neutral Sentiment: Analysts remain constructive, though targets vary. BTIG reaffirmed a Buy rating with a $262 target, while UBS maintained Buy but lowered its target to $295 from $300. Article: BTIG maintains Buy rating

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Robert W. Baird raised their target price on Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a research report on Tuesday, October 6th. Piper Sandler reiterated an “overweight” rating and issued a $290.00 price target on shares of Take-Two Interactive Software in a research report on Monday, November 2nd. UBS Group cut their price target on shares of Take-Two Interactive Software from $300.00 to $295.00 and set a “buy” rating for the company in a report on Tuesday. Finally, DA Davidson restated a “buy” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $287.30.

Take-Two Interactive Software Price Performance

NASDAQ TTWO opened at $231.31 on Thursday. Take-Two Interactive Software, Inc. has a 1 year low of $183.86 and a 1 year high of $265.94. The business’s fifty day moving average is $207.36 and its two-hundred day moving average is $218.81. The stock has a market capitalization of $43.30 billion, a P/E ratio of -179.31, a P/E/G ratio of 1.67 and a beta of 0.93. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.06 and a current ratio of 1.09.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Monday, November 9th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of $0.96 by ($1.25). The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.63 billion. Take-Two Interactive Software had a positive return on equity of 9.84% and a negative net margin of 3.75%. The business’s revenue was down 18.4% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.73) earnings per share. Take-Two Interactive Software has set its Q3 2027 guidance at 3.800-4.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. On average, research analysts forecast that Take-Two Interactive Software, Inc. will post 5.19 earnings per share for the current fiscal year.

About Take-Two Interactive Software

Take-Two Interactive Software is a global publisher and developer of interactive entertainment for console, PC, and mobile platforms. Its business includes creating and distributing games, downloadable content, and related services through its wholly owned labels, including Rockstar Games, 2K, and Zynga. The company’s portfolio includes franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, Borderlands, and Civilization, along with a range of mobile games. Its titles are sold and played in markets around the world.