Take-Two Interactive Software, Inc. $TTWO Holdings Lifted by Alliancebernstein L.P.

Key Points

• Alliancebernstein L.P. increased its holdings in Take-Two Interactive Software by 2.9%, owning nearly $64.13 million worth of stock after adding 8,854 shares.
• Recent analyst ratings show a generally optimistic outlook for Take-Two, with target prices from firms like Morgan Stanley and JPMorgan Chase ranging from $265 to $275 and holding a consensus rating of "Moderate Buy."
• Take-Two Interactive reported a quarterly earnings per share of $0.61, significantly above the consensus estimate, with revenue growing by 16.4% year-over-year.

Alliancebernstein L.P. grew its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 2.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 309,437 shares of the company's stock after buying an additional 8,854 shares during the period. Alliancebernstein L.P. owned 0.18% of Take-Two Interactive Software worth $64,131,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TTWO. Nuveen LLC purchased a new stake in Take-Two Interactive Software during the 1st quarter worth $288,410,000. Price T Rowe Associates Inc. MD boosted its position in Take-Two Interactive Software by 425.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock worth $296,640,000 after purchasing an additional 1,158,783 shares during the period. Contour Asset Management LLC purchased a new stake in Take-Two Interactive Software during the 1st quarter worth $180,701,000. GAMMA Investing LLC boosted its position in Take-Two Interactive Software by 27,563.6% during the 1st quarter. GAMMA Investing LLC now owns 693,251 shares of the company's stock worth $143,676,000 after purchasing an additional 690,745 shares during the period. Finally, Vanguard Group Inc. boosted its position in Take-Two Interactive Software by 2.6% during the 1st 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 owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TTWO. Raymond James Financial upped their price target on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. JPMorgan Chase & Co. upped their price target on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Robert W. Baird boosted their price objective on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. DA Davidson boosted their price objective on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Finally, Bank of America boosted their price objective on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Eighteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $248.32.

Insider Activity

In related news, Director Jon J. Moses sold 1,000 shares of the stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $239.57, for a total transaction of $239,570.00. Following the sale, the director owned 21,901 shares in the company, valued at $5,246,822.57. This represents a 4.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Karl Slatoff sold 48,995 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $227.68, for a total transaction of $11,155,181.60. The disclosure for this sale can be found here. Insiders have sold 141,411 shares of company stock valued at $32,430,724 over the last quarter. Corporate insiders own 1.34% of the company's stock.

Take-Two Interactive Software Stock Up 1.3%

Shares of Take-Two Interactive Software stock traded up $3.07 during trading on Thursday, reaching $247.11. The company had a trading volume of 581,279 shares, compared to its average volume of 1,963,242. The company has a market cap of $45.58 billion, a price-to-earnings ratio of -10.31, a price-to-earnings-growth ratio of 6.23 and a beta of 1.00. The firm's fifty day moving average is $232.77 and its 200-day moving average is $224.84. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16. Take-Two Interactive Software, Inc. has a fifty-two week low of $146.76 and a fifty-two week high of $250.45.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.33. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The company's revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the business posted ($1.52) EPS. Take-Two Interactive Software has set its Q2 2026 guidance at 0.850-0.950 EPS. FY 2026 guidance at 2.600-2.850 EPS. On average, analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Take-Two Interactive Software 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.