Assetmark Inc. Buys 731 Shares of Take-Two Interactive Software, Inc. $TTWO

Assetmark Inc. grew its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 462.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 889 shares of the company’s stock after purchasing an additional 731 shares during the quarter. Assetmark Inc.’s holdings in Take-Two Interactive Software were worth $216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in TTWO. Nuveen LLC purchased a new position in Take-Two Interactive Software during the 1st quarter worth $288,410,000. Price T Rowe Associates Inc. MD lifted its position in Take-Two Interactive Software by 425.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company’s stock valued at $296,640,000 after purchasing an additional 1,158,783 shares during the last quarter. Contour Asset Management LLC purchased a new stake in Take-Two Interactive Software in the first quarter worth approximately $180,701,000. Assenagon Asset Management S.A. boosted its holdings in Take-Two Interactive Software by 107.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company’s stock valued at $243,222,000 after acquiring an additional 519,518 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Take-Two Interactive Software by 2.6% during the first quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company’s stock worth $4,117,123,000 after purchasing an additional 506,026 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Daniel P. Emerson sold 22,479 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the completion of the transaction, the insider directly owned 129,792 shares in the company, valued at $29,523,786.24. This trade represents a 14.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, President Karl Slatoff sold 48,995 shares of Take-Two Interactive Software stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.68, for a total value of $11,155,181.60. The disclosure for this sale is available in the SEC filing. Insiders have sold 141,822 shares of company stock worth $32,540,844 in the last quarter. Insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Trading Down 8.1%

Shares of Take-Two Interactive Software stock opened at $232.00 on Friday. The firm’s 50-day moving average price is $251.84 and its 200 day moving average price is $238.45. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $42.80 billion, a PE ratio of -9.69, a P/E/G ratio of 5.10 and a beta of 1.00. Take-Two Interactive Software, Inc. has a twelve month low of $173.20 and a twelve month high of $264.79.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The firm had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the previous year, the business posted ($2.08) earnings per share. Take-Two Interactive Software’s quarterly revenue was up 33.3% on a year-over-year basis. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. On average, sell-side analysts predict that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Jefferies Financial Group boosted their price objective on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Zacks Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. DA Davidson increased their price target on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Raymond James Financial raised their price target on Take-Two Interactive Software from $250.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Finally, Cowen reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $259.45.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.