Allspring Global Investments Holdings LLC Sells 3,007 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Allspring Global Investments Holdings LLC reduced its stake in Take-Two Interactive Software by 2.3%, selling 3,007 shares, leaving it with 129,590 shares valued at approximately $31.1 million.
• Insider sales included Director Jon J. Moses selling 1,000 shares at $239.57 and Laverne Evans Srinivasan selling 2,325 shares at $227.47, reflecting decreases of 4.37% and 20.42% in their ownership, respectively.
• Research analysts provide mixed ratings for Take-Two, with Weiss Ratings reaffirming a "sell" rating while UBS upgraded their target price to $285.00 and rating it as a "buy".

Allspring Global Investments Holdings LLC lessened its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 2.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 129,590 shares of the company's stock after selling 3,007 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.07% of Take-Two Interactive Software worth $31,115,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. ORG Partners LLC raised its position in shares of Take-Two Interactive Software by 115.7% during the second quarter. ORG Partners LLC now owns 110 shares of the company's stock valued at $26,000 after buying an additional 59 shares during the last quarter. Blue Trust Inc. raised its position in shares of Take-Two Interactive Software by 101.9% during the second quarter. Blue Trust Inc. now owns 105 shares of the company's stock valued at $26,000 after buying an additional 53 shares during the last quarter. 1 North Wealth Services LLC acquired a new position in shares of Take-Two Interactive Software during the first quarter valued at about $29,000. Game Plan Financial Advisors LLC acquired a new position in shares of Take-Two Interactive Software during the first quarter valued at about $31,000. Finally, North Capital Inc. acquired a new position in shares of Take-Two Interactive Software during the first quarter valued at about $35,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Insider Activity

In other Take-Two Interactive Software news, Director Jon J. Moses sold 1,000 shares of the company's 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 directly owned 21,901 shares of the company's stock, valued at approximately $5,246,822.57. This represents a 4.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the company'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 $528,867.75. Following the sale, the director directly owned 9,063 shares in the company, valued at $2,061,560.61. This represents a 20.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 141,411 shares of company stock valued at $32,434,222. Corporate insiders own 1.34% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TTWO shares. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Take-Two Interactive Software in a research report on Wednesday, October 8th. Zacks Research raised shares of Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. CICC Research assumed coverage on shares of Take-Two Interactive Software in a research report on Tuesday, September 30th. They set an "outperform" rating and a $272.00 price objective for the company. Wedbush lifted their target price on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Finally, UBS Group lifted their target price on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Nineteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $251.60.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $261.50 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16. The firm's 50-day simple moving average is $243.59 and its 200-day simple moving average is $232.48. Take-Two Interactive Software, Inc. has a twelve month low of $154.03 and a twelve month high of $264.79. The firm has a market cap of $48.24 billion, a P/E ratio of -10.92, a price-to-earnings-growth ratio of 5.47 and a beta of 1.01.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.33. The firm had revenue of $1.50 billion for the quarter, compared to analysts' expectations 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 quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the firm earned ($1.52) earnings per share. 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. As a group, research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

About Take-Two Interactive Software

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.

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