Mutual Advisors, Highview Capital Management, Banque Pictet & Cie, China Universal Asset Management, Argentarii, Harvey Capital Management, and others have significantly increased their holdings in
Take-Two Interactive Software (TTWO). The company has announced its
Q1 FY2026 results and
public offering of common stock, having previously raised
$1.0 billion in equity. However, unlike the
stock surge earlier this fiscal year, the company's stock
price fell amidst a market uptick. This raises concerns among investors regarding the company's financial situation. TTWO has also unveiled
NBA 2K26 with new features, showing its ability in sustaining relevance in the gaming market.
Take-Two's Management has capitalized on the company's elevated valuation, although insiders have sold around
US$18m of stock, signing potential
caution. There are arguments that tag the stock as a sell, hinting possible negative impact on the price. On a more promising note, TTWO's stock has been upgraded to
'Strong-Buy' by Wedbush, and is expected to achieve record levels of net bookings in fiscal 2026 and 2027.
Take-Two Interactive Software TTWO News Analytics from Thu, 10 Apr 2025 07:00:00 GMT to Sat, 12 Jul 2025 19:15:37 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor -5
