Take-Two Interactive Software, Inc.

(NASDAQ Global Select)
Back to all articles
Somewhat Bullish +35

Troy Asset Management Ltd Has $16.89 Million Stake in Take-Two Interactive Software, Inc. $TTWO - MarketBeat

AI-generated analysis

📉 Troy Asset Management cut its TTWO stake by 17.7% in Q4, selling 14,211 shares while holding 65,950 shares worth $16.89 million.

✅ Take-Two beat fiscal Q4 estimates with stronger-than-expected net bookings and revenue growth.

🎮 Grand Theft Auto VI launch timeline remains confirmed for November 19 release date.

⚠️ Fiscal 2027 bookings guidance of $8.0B-$8.2B came in below Wall Street expectations.

📈 Analysts maintain an average target price of $287.53 with a 'Moderate Buy' consensus rating.

🏦 Institutional investors own 95.46% of the company's outstanding shares.

🔍 Five new hedge funds established or increased positions in TTWO during Q3 and Q4.

💰 Insiders sold 64,724 shares valued at $13.8 million over the last three months.

📊 Brokerage targets vary from $285 to $300 with ratings ranging from Strong Buy to Hold.

📉 Stock trades below its 50-day moving average of $211.92 and 200-day average of $225.66.

Bullish Signals
  • Take-Two Interactive beat fiscal Q4 estimates with stronger-than-expected net bookings, revenue growth, and a narrower loss.
  • The company reaffirmed the Grand Theft Auto VI launch timeline for November 19, reinforcing long-term confidence in its flagship title.
  • Management raised expectations for FY2027 EPS despite the lower bookings guidance, suggesting operational efficiency improvements.
  • Major brokerages like Raymond James and UBS maintain or upgrade buy ratings with target prices near $300.
  • Five distinct hedge funds initiated new positions or significantly increased stakes in Q3 and Q4, indicating institutional interest.
  • The company maintains a strong balance sheet with a debt-to-equity ratio of 0.71 and healthy liquidity ratios.
Risk Factors
  • Take-Two's fiscal 2027 bookings guidance of $8.0 billion to $8.2 billion came in below Wall Street expectations, causing investor concern.
  • The softer bookings outlook weighed on sentiment even as the company raised EPS expectations for FY2027.
  • Insiders sold a total of 64,724 shares valued at $13.8 million over the last three months, signaling some profit-taking or lack of confidence.
  • Troy Asset Management reduced its stake by 17.7% in Q4, reflecting mixed to negative investor sentiment despite strong earnings.
  • The stock trades below both its 50-day and 200-day moving averages, indicating short-term bearish pressure.
Full Analysis
Troy Asset Management Ltd reduced its stake in Take-Two Interactive Software (TTWO) by 17.7% in the fourth quarter, selling 14,211 shares while retaining a position of 65,950 shares valued at approximately $16.89 million. This move reflects mixed investor sentiment following Take-Two's fiscal Q4 earnings report, which showed strong net bookings and revenue growth alongside a confirmed November 19 launch date for Grand Theft Auto VI. Despite the positive operational results, the stock faced headwinds because Take-Two's fiscal 2027 bookings guidance of $8.0 billion to $8.2 billion fell below Wall Street expectations. This softer outlook weighed on sentiment even as management raised EPS expectations for FY2027. Analysts remain broadly constructive, with an average target price around $287.53 and a majority maintaining buy or overweight ratings despite the guidance miss. Institutional ownership remains high at 95.46%, though several other hedge funds recently modified their positions, including new stakes from Pilgrim Partners Asia, GHP Investment Advisors, Rachor Investment Advisory, True Wealth Design, and Root Financial Partners. Insider trading activity saw Director Michael Dornemann and Daniel P. Emerson sell shares in early March and late February respectively, contributing to a total insider sale volume of 64,724 shares valued at roughly $13.8 million over the last three months. Brokerage ratings for TTWO are mixed but generally positive, with Raymond James upgrading to strong buy and UBS boosting its target price to $300, while Zacks Research lowered its rating to hold. The company maintains a market capitalization of $42.14 billion and trades with a P/E ratio of -140.46 due to recent losses, though it holds a debt-to-equity ratio of 0.71.