Beech Hill Advisors Inc. Sells 5,194 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Beech Hill Advisors Inc. reduced its stake in Take-Two Interactive Software by 35% in Q2, selling 5,194 shares and now holding 9,666 shares valued at approximately $2.35 million.
• Multiple analysts upgraded their price targets for Take-Two, with recommendations to "buy" the stock, raising targets to as high as $300.00.
• Take-Two reported strong quarterly earnings, with a revenue of $1.50 billion, exceeding expectations and marking a 16.4% increase compared to the previous year.

Beech Hill Advisors Inc. lowered its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 35.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,666 shares of the company's stock after selling 5,194 shares during the period. Beech Hill Advisors Inc.'s holdings in Take-Two Interactive Software were worth $2,347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Blue Trust Inc. raised its holdings in Take-Two Interactive Software by 101.9% in the second quarter. Blue Trust Inc. now owns 105 shares of the company's stock worth $26,000 after purchasing an additional 53 shares during the period. ORG Partners LLC raised its stake in Take-Two Interactive Software by 115.7% during the 2nd quarter. ORG Partners LLC now owns 110 shares of the company's stock worth $26,000 after buying an additional 59 shares during the period. LGT Financial Advisors LLC bought a new position in Take-Two Interactive Software during the second quarter worth about $34,000. 1 North Wealth Services LLC bought a new position in Take-Two Interactive Software during the first quarter worth about $29,000. Finally, Harbor Asset Planning Inc. acquired a new position in Take-Two Interactive Software in the second quarter valued at about $36,000. 95.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TTWO has been the topic of a number of research analyst reports. Benchmark raised their price target on Take-Two Interactive Software from $275.00 to $300.00 and gave the stock a "buy" rating in a research report on Thursday, October 16th. UBS Group increased their target price on 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. Bank of America lifted their price target on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a research note 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 company an "overweight" rating in a report on Friday, August 8th. Finally, Wedbush raised their price objective on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Nineteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $252.85.

Take-Two Interactive Software Stock Up 0.4%

Shares of TTWO stock opened at $262.29 on Tuesday. The firm's fifty day moving average price is $245.92 and its two-hundred day moving average price is $233.99. 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, Inc. has a 1 year low of $154.13 and a 1 year high of $264.79. The firm has a market capitalization of $48.38 billion, a P/E ratio of -10.96, a PEG ratio of 5.55 and a beta of 1.01.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.33. The company had revenue of $1.50 billion during the quarter, compared to analysts' expectations 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%.Take-Two Interactive Software's revenue for the quarter 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. On average, equities analysts predict that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Insider Activity

In other Take-Two Interactive Software news, Director Jon J. Moses sold 1,000 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $231.33, for a total value of $231,330.00. Following the completion of the sale, the director owned 22,901 shares in the company, valued at $5,297,688.33. This trade represents a 4.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, President Karl Slatoff sold 48,995 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were 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. Over the last three months, insiders have sold 141,822 shares of company stock worth $32,540,844. Corporate insiders own 1.34% of the company's stock.

Take-Two Interactive Software Company 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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