Pallas Capital Advisors LLC Takes Position in Take-Two Interactive Software, Inc. $TTWO

Pallas Capital Advisors LLC bought a new stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,519 shares of the company’s stock, valued at approximately $880,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. MCF Advisors LLC purchased a new position in Take-Two Interactive Software during the 4th quarter valued at $25,000. Mosley Wealth Management lifted its position in shares of 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 during the period. Essential Partners LLC lifted its position 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 during the period. Rachor Investment Advisory Services LLC bought a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at about $34,000. Finally, MV Capital Management Inc. bought a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Up 0.3%

Shares of NASDAQ TTWO opened at $242.40 on Wednesday. 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 debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a 50-day moving average of $240.32 and a 200 day moving average of $221.50. The stock has a market cap of $45.32 billion, a P/E ratio of -140.11, a price-to-earnings-growth ratio of 1.70 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 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 business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter last year, the company posted ($0.07) EPS. Take-Two Interactive Software’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, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 5.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TTWO has been the subject of a number of research reports. Roth Capital increased 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 note on Monday, August 10th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Raymond James Financial set a $300.00 target price on Take-Two Interactive Software in a report on Thursday, August 6th. DA Davidson reissued a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Finally, Wedbush restated an “outperform” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research note 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $296.95.

Insider Transactions at Take-Two Interactive Software

In related news, Director Ellen F. Siminoff sold 334 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $242.34, for a total transaction of $80,941.56. Following the completion of the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 of the company’s stock, valued at $16,015,813.68. The trade was a 0.19% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 610,759 shares of company stock worth $138,737,789. Company insiders own 1.12% of the company’s stock.

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.