Focus Partners Advisor Solutions LLC Takes $1.62 Million Position in Take-Two Interactive Software, Inc. $TTWO

Focus Partners Advisor Solutions LLC acquired a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,478 shares of the company’s stock, valued at approximately $1,619,000.

A number of other hedge funds also recently bought and sold shares of TTWO. Integrated Wealth Concepts LLC purchased a new position in shares of Take-Two Interactive Software during the first quarter worth approximately $425,000. Empowered Funds LLC boosted its stake in shares of Take-Two Interactive Software by 13.2% in the 1st quarter. Empowered Funds LLC now owns 3,322 shares of the company’s stock valued at $688,000 after purchasing an additional 388 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Take-Two Interactive Software by 118.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 304 shares of the company’s stock valued at $63,000 after purchasing an additional 165 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Take-Two Interactive Software during the 2nd quarter valued at $2,747,000. Finally, Jump Financial LLC grew its holdings in shares of Take-Two Interactive Software by 105.3% during the 2nd quarter. Jump Financial LLC now owns 7,115 shares of the company’s stock valued at $1,728,000 after purchasing an additional 3,650 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Stock Up 2.1%

Shares of NASDAQ TTWO opened at $246.95 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94. The firm’s fifty day moving average is $239.13 and its 200 day moving average is $221.70. The company has a market cap of $46.17 billion, a price-to-earnings ratio of -142.74, a PEG ratio of 1.70 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last announced 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 firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The company’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the company earned ($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. On average, equities research analysts expect that Take-Two Interactive Software, Inc. will post 5.3 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have weighed in on TTWO. Raymond James Financial set a $300.00 price target on shares of Take-Two Interactive Software in a research note on Thursday, August 6th. JPMorgan Chase & Co. initiated coverage on Take-Two Interactive Software in a research note on Tuesday, August 11th. They set an “overweight” rating and a $310.00 price objective on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. DA Davidson reissued a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Finally, Benchmark restated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $296.95.

Insider Activity

In related news, Director Michael Dornemann sold 1,151 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $217.02, for a total transaction of $249,790.02. Following the transaction, the director owned 20,374 shares in the company, valued at $4,421,565.48. The trade was a 5.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel P. Emerson sold 21,102 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $219.61, for a total value of $4,634,210.22. Following the transaction, the insider directly owned 131,668 shares of the company’s stock, valued at $28,915,609.48. The trade was a 13.81% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last three months, insiders sold 609,936 shares of company stock valued at $138,537,038. 1.12% of the stock is currently owned by insiders.

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.