Mission Wealth Management LP Takes $589,000 Position in Take-Two Interactive Software, Inc. $TTWO

Mission Wealth Management LP acquired a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,358 shares of the company’s stock, valued at approximately $589,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in TTWO. MCF Advisors LLC purchased a new position in shares of Take-Two Interactive Software during the 4th quarter worth $25,000. GHP Investment Advisors Inc. bought a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at $28,000. Essential Partners LLC increased its stake in shares of Take-Two Interactive Software by 333.3% in the 1st quarter. Essential Partners LLC now owns 169 shares of the company’s stock worth $33,000 after purchasing an additional 130 shares in the last quarter. Rachor Investment Advisory Services LLC purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter worth $34,000. Finally, MV Capital Management Inc. bought a new position in Take-Two Interactive Software in the 4th quarter worth $34,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TTWO. Zacks Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. JPMorgan Chase & Co. initiated coverage on Take-Two Interactive Software in a research report on Tuesday. They issued an “overweight” rating and a $310.00 price target for the company. Wells Fargo & Company raised their price objective on Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday. UBS Group reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday. Finally, Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Buy” and an average price target of $296.95.

Trending Headlines about Take-Two Interactive Software

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: JPMorgan initiated coverage with an Overweight rating and a $310 price target, implying substantial upside from recent levels. DA Davidson reiterated its Buy rating, Wedbush assigned an Outperform rating, and Roth Capital raised its target to $300. The bullish view is centered on the potential commercial impact of GTA VI and Take-Two’s growing recurring-revenue base. JPMorgan coverage article DA Davidson rating article Wedbush rating article Roth Capital price target article
• Positive Sentiment: Institutional ownership remains strong, with BlackRock, Norges Bank, Bank of New York Mellon and Deutsche Bank recently establishing positions, while AQR Capital increased its stake. Such buying can reinforce confidence in Take-Two’s long-term outlook.
• Neutral Sentiment: Reported short interest was listed at zero shares, producing a zero-day short-interest ratio. Because the data appears internally inconsistent, it offers little useful trading information.
• Negative Sentiment: CEO Strauss Zelnick sold 40,000 TTWO shares for approximately $10.1 million at an average price of $252.64. The sale may be routine, but it can weigh on sentiment, particularly after additional sizable sales reported in May and June. CEO insider sale article
• Negative Sentiment: Take-Two’s latest quarter included an adjusted EPS loss of $0.18, below the $0.33 consensus estimate, despite revenue of $1.53 billion exceeding expectations. Revenue also declined 2.1% year over year, leaving investors focused on execution and whether GTA VI expectations are already reflected in the stock’s elevated valuation.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Dornemann sold 1,151 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $217.02, for a total value of $249,790.02. Following the completion of the transaction, the director directly owned 20,374 shares in the company, valued at $4,421,565.48. This represents a 5.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jon J. Moses sold 500 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $244.61, for a total transaction of $122,305.00. Following the sale, the director directly owned 21,868 shares of the company’s stock, valued at approximately $5,349,131.48. This trade represents a 2.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 609,936 shares of company stock worth $138,537,038 in the last three months. Corporate insiders own 1.12% of the company’s stock.

Take-Two Interactive Software Stock Down 3.0%

Shares of TTWO stock opened at $243.00 on Thursday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.24. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $265.94. The company’s fifty day moving average price is $237.98 and its 200-day moving average price is $221.55. The company has a market capitalization of $45.44 billion, a price-to-earnings ratio of -140.46, a PEG ratio of 1.70 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its 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 firm 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 company’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the prior year, the company posted ($0.07) EPS. 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. Sell-side analysts expect that Take-Two Interactive Software, Inc. will post 5.38 EPS for the current fiscal 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.