Knollwood Investment Advisory LLC Has $5.18 Million Stock Position in Take-Two Interactive Software, Inc. $TTWO

Knollwood Investment Advisory LLC grew its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 15.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 20,714 shares of the company’s stock after acquiring an additional 2,786 shares during the period. Knollwood Investment Advisory LLC’s holdings in Take-Two Interactive Software were worth $5,178,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Syon Capital LLC increased its holdings in Take-Two Interactive Software by 13.9% in the second quarter. Syon Capital LLC now owns 2,122 shares of the company’s stock valued at $530,000 after purchasing an additional 259 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in Take-Two Interactive Software by 15.8% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 16,092 shares of the company’s stock worth $4,027,000 after buying an additional 2,193 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in Take-Two Interactive Software by 72.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 3,197 shares of the company’s stock worth $799,000 after buying an additional 1,344 shares during the period. NEOS Investment Management LLC grew its position in shares of Take-Two Interactive Software by 11.8% in the 2nd quarter. NEOS Investment Management LLC now owns 137,883 shares of the company’s stock valued at $34,468,000 after buying an additional 14,516 shares during the last quarter. Finally, Nykredit A S bought a new stake in shares of Take-Two Interactive Software in the 2nd quarter valued at about $20,389,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $214.13 on Friday. The business has a 50-day moving average price of $240.47 and a two-hundred day moving average price of $223.37. 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 current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52. The company has a market cap of $40.04 billion, a P/E ratio of -123.77, a PEG ratio of 1.44 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The business had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same period in the prior year, the firm earned ($0.07) earnings per share. The firm’s revenue for the quarter 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. As a group, analysts anticipate that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. UBS Group restated a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. BMO Capital Markets reissued an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. JPMorgan Chase & Co. initiated coverage on shares of Take-Two Interactive Software in a report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 price target for the company. Finally, Roth Capital boosted their price target on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $296.95.

Insiders Place Their Bets

In other news, Director Ellen F. Siminoff sold 334 shares of the firm’s 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 sale, the director owned 1,666 shares of the company’s stock, valued at $403,738.44. This trade represents a 16.70% decrease in their position. The sale was disclosed in a 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 Take-Two Interactive Software stock in a transaction on Monday, August 10th. The shares were sold at an average price of $252.64, for a total transaction of $10,105,600.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 59,837 shares of company stock valued at $14,479,256 in the last 90 days. 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.