Knollwood Investment Advisory LLC Buys 2,786 Shares of Take-Two Interactive Software, Inc. $TTWO

Knollwood Investment Advisory LLC increased its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 15.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,714 shares of the company’s stock after buying an additional 2,786 shares during the period. Knollwood Investment Advisory LLC’s holdings in Take-Two Interactive Software were worth $5,178,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mayflower Financial Advisors LLC raised its stake in Take-Two Interactive Software by 3.6% during the 1st quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock worth $269,000 after buying an additional 48 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. grew its stake in Take-Two Interactive Software by 5.7% in the first quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company’s stock valued at $190,000 after acquiring an additional 52 shares during the period. Huntington National Bank increased its holdings in shares of Take-Two Interactive Software by 4.5% during the fourth quarter. Huntington National Bank now owns 1,335 shares of the company’s stock valued at $342,000 after acquiring an additional 57 shares in the last quarter. UMB Bank n.a. increased its holdings in shares of Take-Two Interactive Software by 12.4% during the fourth quarter. UMB Bank n.a. now owns 535 shares of the company’s stock valued at $137,000 after acquiring an additional 59 shares in the last quarter. Finally, Ballentine Partners LLC raised its position in shares of Take-Two Interactive Software by 6.0% during the fourth quarter. Ballentine Partners LLC now owns 1,063 shares of the company’s stock worth $272,000 after purchasing an additional 60 shares during the period. 95.46% of the stock is owned by institutional investors.

Insider Buying and Selling at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 8,840 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $214.00, for a total value of $1,891,760.00. Following the completion of the sale, the insider owned 122,828 shares in the company, valued at $26,285,192. This represents a 6.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ellen F. Siminoff sold 334 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $242.34, for a total transaction of $80,941.56. Following the completion of the sale, the director owned 1,666 shares of the company’s stock, valued at approximately $403,738.44. This represents a 16.70% decrease in their position. 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. In the last quarter, insiders sold 59,837 shares of company stock worth $14,479,256. 1.12% of the stock is currently owned by insiders.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $214.13 on Friday. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94. 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 business has a 50 day moving average price of $240.47 and a 200-day moving average price of $223.37. The company has a market cap of $40.04 billion, a PE ratio of -123.77, a price-to-earnings-growth ratio of 1.44 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.51). The company 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 firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the firm 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. Equities analysts anticipate that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. BMO Capital Markets reiterated an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. DA Davidson restated a “buy” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research note on Monday, August 10th. UBS Group restated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. Wells Fargo & Company raised their price objective on shares of Take-Two Interactive Software from $289.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Finally, Oppenheimer lifted their price objective on shares of Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a report 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 given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $296.95.

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.