Take-Two Interactive Software, Inc. $TTWO Stock: Illinois Municipal Retirement Fund Grows Stake

Illinois Municipal Retirement Fund grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 7.3% in the third quarter, Holdings Channel reports. The firm owned 88,513 shares of the company’s stock after acquiring an additional 6,007 shares during the period. Illinois Municipal Retirement Fund’s holdings in Take-Two Interactive Software were worth $18,366,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TTWO. Syntax Research Inc. lifted its holdings in Take-Two Interactive Software by 2.1% during the 3rd quarter. Syntax Research Inc. now owns 2,782 shares of the company’s stock valued at $577,000 after buying an additional 57 shares in the last quarter. Beacon Financial Advisory LLC boosted its position in Take-Two Interactive Software by 3.7% in the 2nd quarter. Beacon Financial Advisory LLC now owns 1,697 shares of the company’s stock valued at $424,000 after buying an additional 60 shares during the period. Trust Asset Management LLC boosted its position in Take-Two Interactive Software by 3.5% in the 2nd quarter. Trust Asset Management LLC now owns 1,881 shares of the company’s stock valued at $470,000 after buying an additional 63 shares during the period. Washington Trust Advisors Inc. grew its stake in Take-Two Interactive Software by 116.4% in the 2nd quarter. Washington Trust Advisors Inc. now owns 119 shares of the company’s stock worth $30,000 after acquiring an additional 64 shares in the last quarter. Finally, Cypress Capital LLC grew its stake in Take-Two Interactive Software by 6.7% in the 3rd quarter. Cypress Capital LLC now owns 1,110 shares of the company’s stock worth $230,000 after acquiring an additional 70 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Performance

TTWO stock opened at $231.31 on Thursday. Take-Two Interactive Software, Inc. has a 1-year low of $183.86 and a 1-year high of $265.94. The business has a 50-day moving average price of $207.36 and a 200 day moving average price of $218.81. The company has a market capitalization of $43.30 billion, a P/E ratio of -179.31, a PEG ratio of 1.67 and a beta of 0.93. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.09 and a quick ratio of 1.06.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results on Monday, November 9th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($1.25). The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.63 billion. Take-Two Interactive Software had a positive return on equity of 9.84% and a negative net margin of 3.75%. The firm’s revenue was down 18.4% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.73) earnings per share. Take-Two Interactive Software has set its Q3 2027 guidance at 3.800-4.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. As a group, equities research analysts forecast that Take-Two Interactive Software, Inc. will post 5.19 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TTWO shares. JPMorgan Chase & Co. assumed coverage on shares of Take-Two Interactive Software in a research report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 target price on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Tuesday. Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. Arete Research dropped their price objective on Take-Two Interactive Software from $308.00 to $295.00 and set a “buy” rating on the stock in a research note on Wednesday, September 9th. Finally, Roth Capital raised their price objective on Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have given a Hold 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 “Moderate Buy” and an average target price of $287.30.

Key Headlines Impacting Take-Two Interactive Software

Here are a few of the latest headlines about TTWO:

• Positive Sentiment: Full-year bookings guidance remains intact. Take-Two reiterated its fiscal 2027 net bookings outlook of $8.0 billion to $8.2 billion despite the quarterly shortfall, reinforcing confidence in the upcoming release and its broader slate. Article: Take-Two reiterates fiscal 2027 bookings outlook
• Neutral Sentiment: Analysts remain constructive, though targets vary. BTIG reaffirmed a Buy rating with a $262 target, while UBS maintained Buy but lowered its target to $295 from $300. Article: BTIG maintains Buy rating
• Negative Sentiment: The quarter showed weakness outside GTA VI. Net bookings were about $1.6 billion, missing expectations, with NBA 2K27 underperforming; lower costs helped earnings, but the results underscore reliance on the new release. Article: Take-Two Q2 earnings beat on lower costs despite bookings miss

Insiders Place Their Bets

In related news, Director Ellen F. Siminoff sold 334 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $202.92, for a total transaction of $67,775.28. Following the transaction, the director directly owned 1,332 shares of the company’s stock, valued at $270,289.44. This trade represents a 20.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel P. Emerson sold 744 shares of Take-Two Interactive Software stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $217.03, for a total transaction of $161,470.32. Following the transaction, the insider directly owned 112,327 shares in the company, valued at approximately $24,378,328.81. The trade was a 0.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 90 days, insiders have sold 13,636 shares of company stock worth $2,825,391. 1.12% of the stock is owned by corporate insiders.

About Take-Two Interactive Software

Take-Two Interactive Software is a global publisher and developer of interactive entertainment for console, PC, and mobile platforms. Its business includes creating and distributing games, downloadable content, and related services through its wholly owned labels, including Rockstar Games, 2K, and Zynga. The company’s portfolio includes franchises such as Grand Theft Auto, Red Dead Redemption, NBA 2K, Borderlands, and Civilization, along with a range of mobile games. Its titles are sold and played in markets around the world.