California State Teachers Retirement System Has $16.45 Billion Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

California State Teachers Retirement System raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 21,833.4% in the second quarter, Holdings Channel reports. The firm owned 65,809,235 shares of the company’s stock after acquiring an additional 65,509,194 shares during the quarter. California State Teachers Retirement System owned about 0.35% of Take-Two Interactive Software worth $16,450,993,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TTWO. Patriot Financial Group Insurance Agency LLC grew its position in shares of Take-Two Interactive Software by 597.1% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 5,744 shares of the company’s stock valued at $1,134,000 after acquiring an additional 4,920 shares during the period. Primecap Management Co. CA bought a new stake in shares of Take-Two Interactive Software in the 2nd quarter valued at about $23,480,000. Rockefeller Capital Management L.P. lifted its stake in Take-Two Interactive Software by 45.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 44,875 shares of the company’s stock valued at $11,489,000 after purchasing an additional 14,050 shares during the last quarter. Fiera Capital Corp lifted its stake in Take-Two Interactive Software by 33.9% in the 4th quarter. Fiera Capital Corp now owns 64,403 shares of the company’s stock valued at $16,489,000 after purchasing an additional 16,314 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board bought a new position in Take-Two Interactive Software during the second quarter worth about $37,090,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Performance

Shares of TTWO stock opened at $214.69 on Tuesday. The firm has a 50 day moving average price of $239.35 and a two-hundred day moving average price of $223.66. 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 company has a market capitalization of $40.14 billion, a PE ratio of -124.10, a price-to-earnings-growth ratio of 1.43 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last issued 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 positive return on equity of 12.25% and a negative net margin of 4.79%.The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the firm earned ($0.07) EPS. The company’s 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. As a group, analysts predict that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TTWO. Raymond James Financial set a $300.00 price objective on Take-Two Interactive Software in a research note on Thursday, August 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a research note on Friday, July 10th. JPMorgan Chase & Co. began coverage on Take-Two Interactive Software in a report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 target price on the stock. BTIG Research increased their price target on Take-Two Interactive Software from $293.00 to $313.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, Wedbush reaffirmed an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $296.95.

Insiders Place Their Bets

In other news, insider Daniel P. Emerson sold 744 shares of Take-Two Interactive Software stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $217.03, for a total transaction of $161,470.32. Following the completion of the sale, the insider owned 112,327 shares of the company’s stock, valued at approximately $24,378,328.81. This trade represents a 0.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director LaVerne Srinivasan sold 362 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $245.01, for a total transaction of $88,693.62. Following the completion of the sale, the director directly owned 8,357 shares of the company’s stock, valued at approximately $2,047,548.57. The trade was a 4.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 52,658 shares of company stock worth $12,948,552 over the last three months. 1.12% of the stock is currently owned by corporate insiders.

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.