Boston Partners Decreases Stake in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Boston Partners reduced its stake in Take-Two Interactive Software by 54.3%, holding 281,859 shares valued at approximately $58.4 million after selling over 335,000 shares in the first quarter.
• Take-Two's quarterly earnings report revealed an EPS of $0.61, exceeding estimates of $0.28, with revenue increasing by 16.4% year-over-year to $1.5 billion.
• Several institutions, including E Fund Management, have increased their stakes significantly, highlighting strong institutional interest, with hedge funds owning 95.46% of the stock.

Boston Partners decreased its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 54.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 281,859 shares of the company's stock after selling 335,026 shares during the quarter. Boston Partners owned approximately 0.16% of Take-Two Interactive Software worth $58,420,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Clarius Group LLC acquired a new stake in Take-Two Interactive Software during the first quarter valued at approximately $404,000. Mackenzie Financial Corp boosted its stake in Take-Two Interactive Software by 13.2% in the fourth quarter. Mackenzie Financial Corp now owns 15,698 shares of the company's stock worth $2,890,000 after purchasing an additional 1,833 shares in the last quarter. Cornerstone Investment Partners LLC boosted its stake in Take-Two Interactive Software by 14.1% in the first quarter. Cornerstone Investment Partners LLC now owns 292,616 shares of the company's stock worth $60,645,000 after purchasing an additional 36,112 shares in the last quarter. Stonebridge Financial Group LLC boosted its stake in Take-Two Interactive Software by 3,986.2% in the first quarter. Stonebridge Financial Group LLC now owns 1,185 shares of the company's stock worth $246,000 after purchasing an additional 1,156 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake 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 purchasing an additional 1,231 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Trading Down 1.8%

Take-Two Interactive Software stock traded down $4.1750 during trading hours on Tuesday, reaching $228.3750. 721,775 shares of the company's stock were exchanged, compared to its average volume of 2,033,787. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $245.07. 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 firm has a market capitalization of $42.13 billion, a PE ratio of -9.54, a PEG ratio of 5.84 and a beta of 0.99. The firm's 50 day simple moving average is $233.66 and its 200 day simple moving average is $221.36.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings results 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. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The firm had revenue of $1,503,800 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the firm posted ($1.52) earnings per share. The business's revenue was up 16.4% compared to the same quarter last year. 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. Research analysts predict that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Wells Fargo & Company assumed coverage on shares of Take-Two Interactive Software in a report on Monday, July 28th. They set an "overweight" rating and a $265.00 price objective on the stock. Morgan Stanley increased their price target 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. BMO Capital Markets reiterated an "outperform" rating and issued a $236.00 price objective (down from $240.00) on shares of Take-Two Interactive Software in a research report on Monday, May 5th. Citigroup upped their price objective on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Finally, Wall Street Zen downgraded shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Nineteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and a consensus price target of $245.60.

Insider Transactions at Take-Two Interactive Software

In related news, Director Michael Sheresky sold 198 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $233.47, for a total value of $46,227.06. Following the completion of the sale, the director directly owned 64,996 shares of the company's stock, valued at approximately $15,174,616.12. This represents a 0.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jon J. Moses sold 1,000 shares of the stock in a transaction that occurred 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 sale, the director directly owned 22,901 shares of the company's stock, valued at $5,297,688.33. The trade was a 4.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 461,990 shares of company stock valued at $104,292,000. Company insiders own 1.34% of the company's stock.

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.