Bartlett & CO. Wealth Management LLC Trims Stock Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Bartlett & CO. Wealth Management LLC reduced its stake in Take-Two Interactive Software by 5.3%, owning 17,602 shares worth approximately $4.27 million following the sale of 990 shares.
• The company's recent earnings report showed an EPS of $0.61, surpassing analysts' expectations of $0.28, with revenues of $1.50 billion for the quarter, a 16.4% increase year-over-year.
• Wall Street analysts have given Take-Two an average rating of "Moderate Buy" with a consensus target price of $249.50, indicating potential for further growth.

Bartlett & CO. Wealth Management LLC cut its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 5.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,602 shares of the company's stock after selling 990 shares during the quarter. Bartlett & CO. Wealth Management LLC's holdings in Take-Two Interactive Software were worth $4,275,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its holdings in Take-Two Interactive Software by 8.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,810 shares of the company's stock worth $2,910,000 after buying an additional 1,231 shares during the period. NBC Securities Inc. purchased a new position in shares of Take-Two Interactive Software during the 1st quarter worth approximately $55,000. Fulton Bank N.A. raised its position in shares of Take-Two Interactive Software by 6.2% in the 1st quarter. Fulton Bank N.A. now owns 2,574 shares of the company's stock worth $533,000 after acquiring an additional 150 shares in the last quarter. RFG Advisory LLC purchased a new position in shares of Take-Two Interactive Software in the 1st quarter valued at approximately $204,000. Finally, Eagle Rock Investment Company LLC boosted its position in shares of Take-Two Interactive Software by 12.3% during the first quarter. Eagle Rock Investment Company LLC now owns 24,219 shares of the company's stock valued at $5,019,000 after purchasing an additional 2,660 shares in the last quarter. Institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $255.40 on Thursday. The firm has a market cap of $47.11 billion, a P/E ratio of -10.67, a PEG ratio of 5.48 and a beta of 1.01. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $261.47. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The company has a 50 day moving average of $237.03 and a 200 day moving average of $229.31.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.33. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The company's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter last 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. As a group, research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Insider Activity

In related news, Director Laverne Evans Srinivasan sold 2,325 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total value of $528,867.75. Following the sale, the director owned 9,063 shares in the company, valued at approximately $2,061,560.61. This trade represents a 20.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Daniel P. Emerson sold 22,479 shares of the business's stock in a transaction on 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 approximately $29,523,786.24. This represents a 14.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 141,825 shares of company stock worth $32,532,671. 1.34% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wells Fargo & Company assumed coverage on Take-Two Interactive Software in a report on Monday, July 28th. They issued an "overweight" rating and a $265.00 price objective for the company. Raymond James Financial lifted their price target on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. UBS Group boosted their price objective on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. JPMorgan Chase & Co. raised their target price on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Finally, Zacks Research raised Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. Nineteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $249.50.

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.

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