Take-Two Interactive Software (TTWO), the gaming industry giant, is set to release its quarterly earnings this Thursday. The company insiders have recently sold $18m of their shares, indicating potential caution. Nonetheless, experts suggest that this stock could be worth watching due to its trending performance. Multiple financial entities have increased their holdings in TTWO, namely
Zurcher Kantonalbank Zurich Cantonalbank acquiring 10,022 shares,
Picton Mahoney Asset Management, and
Equitable Trust Co.. At the same time, some entities such as
Norden Group LLC and
AE Wealth Management LLC have decreased their stake in the company. Despite some selling, TD Asset Management Inc and Cornerstone Investment Partners LLC have bought TTWO shares. TTWO has also raised $1.0 Billion in equity and launched the eagerly anticipated Borderlands 4 on Nintendo Switch. The company still faced some challenges, with Wells Fargo initiating coverage on TTWO indicating strong hopes for GTA 6. Analysts suggest, however, to proceed with caution since the release might be delayed again, perhaps impacting the company's otherwise favourable constancy in its financial commitment to achieve sequential increases in, and record levels of, Net Bookings in Fiscal 2026 and 2027.
Take-Two Interactive Software TTWO News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 02 Aug 2025 21:41:18 GMT -
Rating 7
- Innovation 3
- Information 6
- Rumor -4
