Amundi Has $114.87 Million Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Amundi has reduced its stake in Take-Two Interactive Software by 25.8%, now holding approximately $114.87 million worth of shares, following a sale of 191,268 shares during the first quarter.
• The company's recent quarterly earnings exceeded expectations, reporting $1.50 billion in revenue and $0.61 earnings per share, significantly beating the consensus estimate of $0.28.
• Market analysts maintain a positive outlook on Take-Two Interactive Software, with a consensus rating of "Moderate Buy" and a target price averaging $248.32.

Amundi reduced its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 25.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 549,777 shares of the company's stock after selling 191,268 shares during the quarter. Amundi owned 0.31% of Take-Two Interactive Software worth $114,865,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Moody Lynn & Lieberson LLC grew its position in Take-Two Interactive Software by 0.9% during the first quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company's stock valued at $1,050,000 after purchasing an additional 45 shares in the last quarter. Brooklyn Investment Group grew its position in Take-Two Interactive Software by 8.1% during the first quarter. Brooklyn Investment Group now owns 669 shares of the company's stock valued at $139,000 after purchasing an additional 50 shares in the last quarter. Adero Partners LLC grew its position in Take-Two Interactive Software by 2.9% during the first quarter. Adero Partners LLC now owns 1,784 shares of the company's stock valued at $370,000 after purchasing an additional 51 shares in the last quarter. Cullen Frost Bankers Inc. grew its position in Take-Two Interactive Software by 46.0% during the first quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company's stock valued at $38,000 after purchasing an additional 57 shares in the last quarter. Finally, State of Wyoming grew its position in Take-Two Interactive Software by 13.0% during the fourth quarter. State of Wyoming now owns 522 shares of the company's stock valued at $96,000 after purchasing an additional 60 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on TTWO shares. UBS Group boosted their price objective 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. Benchmark boosted their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, August 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. Morgan Stanley boosted their price objective on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a research report on Monday, May 19th. Finally, DA Davidson boosted their target price on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Eighteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and an average price target of $248.32.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO traded up $9.10 during trading hours on Monday, hitting $248.78. 2,211,836 shares of the company traded hands, compared to its average volume of 1,421,440. The stock has a market capitalization of $45.89 billion, a price-to-earnings ratio of -10.39, a P/E/G ratio of 6.03 and a beta of 1.00. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $250.45. The firm has a 50-day moving average of $232.52 and a 200 day moving average of $224.54. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.28 by $0.33. The firm had revenue of $1.50 billion during 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 business's quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the company earned ($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 forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Insiders Place Their Bets

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 22,479 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the sale, the insider owned 129,792 shares of the company's stock, valued at $29,523,786.24. This represents a 14.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Strauss Zelnick sold 20,000 shares of the company's stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $230.69, for a total transaction of $4,613,800.00. The disclosure for this sale can be found here. Insiders have sold 141,411 shares of company stock worth $32,430,724 in the last quarter. 1.34% of the stock is owned by corporate insiders.

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.