Raiffeisen Bank International AG Buys 29,951 Shares of Take-Two Interactive Software, Inc. $TTWO

Raiffeisen Bank International AG raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 13,491.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 30,173 shares of the company’s stock after acquiring an additional 29,951 shares during the period. Raiffeisen Bank International AG’s holdings in Take-Two Interactive Software were worth $7,457,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in TTWO. MCF Advisors LLC purchased a new stake in Take-Two Interactive Software during the 4th quarter valued at $25,000. Mosley Wealth Management raised its holdings in Take-Two Interactive Software by 266.7% in the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after purchasing an additional 80 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Take-Two Interactive Software in the 2nd quarter worth about $32,000. MV Capital Management Inc. purchased a new position in shares of Take-Two Interactive Software during the fourth quarter valued at about $34,000. Finally, Compass Financial Management LLC bought a new position in Take-Two Interactive Software in the second quarter worth about $35,000. Institutional investors own 95.46% of the company’s stock.

Insider Transactions at Take-Two Interactive Software

In related news, Director LaVerne Srinivasan sold 362 shares of the firm’s stock in a transaction on 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 directly 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 Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Sheresky sold 127 shares of Take-Two Interactive Software stock in a transaction on Monday, August 17th. The shares were sold at an average price of $245.01, for a total value of $31,116.27. Following the transaction, the director owned 65,368 shares in the company, valued at $16,015,813.68. This trade represents a 0.19% decrease in their ownership of the stock. 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. Insiders sold a total of 59,837 shares of company stock worth $14,479,256 over the last three months. 1.12% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. DA Davidson reaffirmed 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. Wedbush reiterated an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, August 10th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. JPMorgan Chase & Co. started coverage on Take-Two Interactive Software in a research report on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 price target on the stock. Finally, Wells Fargo & Company upped their price target on shares of Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and a consensus price target of $296.95.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $214.13 on Friday. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $265.94. The firm has a market capitalization of $40.04 billion, a price-to-earnings ratio of -123.77, a price-to-earnings-growth ratio of 1.44 and a beta of 0.97. 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 firm has a 50 day moving average of $240.47 and a 200 day moving average of $223.37.

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 the consensus estimate of $0.33 by ($0.51). The business had revenue of $1.53 billion during 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 firm’s revenue was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($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. On average, research analysts anticipate that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current year.

Take-Two Interactive Software Company 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.