Chevy Chase Trust Holdings LLC Boosts Holdings in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Chevy Chase Trust Holdings LLC increased its holdings in Take-Two Interactive Software by 4.0%, now owning 89,488 shares worth approximately $21.7 million.
• Research analysts have shown strong optimism for Take-Two, with multiple firms raising their price objectives, including DA Davidson increasing its target from $270 to $300.
• Take-Two reported a quarterly revenue of $1.50 billion, significantly beating estimates, with year-over-year revenue growth of 16.4%.

Chevy Chase Trust Holdings LLC increased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 4.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,488 shares of the company's stock after purchasing an additional 3,404 shares during the period. Chevy Chase Trust Holdings LLC owned 0.05% of Take-Two Interactive Software worth $21,732,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. ORG Partners LLC increased its stake in Take-Two Interactive Software by 115.7% in the 2nd quarter. ORG Partners LLC now owns 110 shares of the company's stock worth $26,000 after acquiring an additional 59 shares during the last quarter. Blue Trust Inc. increased its stake in Take-Two Interactive Software by 101.9% in the 2nd quarter. Blue Trust Inc. now owns 105 shares of the company's stock worth $26,000 after acquiring an additional 53 shares during the last quarter. 1 North Wealth Services LLC bought a new stake in Take-Two Interactive Software in the 1st quarter worth approximately $29,000. Game Plan Financial Advisors LLC bought a new stake in Take-Two Interactive Software in the 1st quarter worth approximately $31,000. Finally, North Capital Inc. bought a new stake in Take-Two Interactive Software in the 1st quarter worth approximately $35,000. Institutional investors own 95.46% of the company's stock.

Wall Street Analyst Weigh In

TTWO has been the topic of a number of research reports. UBS Group lifted their price objective 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. DA Davidson lifted their price objective on Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a "buy" rating in a research note on Thursday, October 9th. Citigroup lifted 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. Wells Fargo & Company boosted their target price on Take-Two Interactive Software from $270.00 to $277.00 and gave the company an "overweight" rating in a research report on Tuesday, October 7th. 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, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $252.85.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $261.35 on Friday. The company has a market cap of $48.21 billion, a P/E ratio of -10.92, a P/E/G ratio of 5.55 and a beta of 1.01. 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 business's 50 day moving average price is $245.13 and its 200-day moving average price is $233.35. Take-Two Interactive Software, Inc. has a fifty-two week low of $154.13 and a fifty-two week high of $264.79.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.28 by $0.33. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the company posted ($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. Sell-side analysts predict that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,325 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total value of $528,867.75. Following the transaction, the director owned 9,063 shares of the company's stock, valued at $2,061,560.61. This represents a 20.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Daniel P. Emerson sold 22,479 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total value of $5,113,298.13. Following the completion of the transaction, the insider directly owned 129,792 shares in the company, valued at $29,523,786.24. This trade represents a 14.76% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 141,822 shares of company stock worth $32,540,844 over the last ninety days. Corporate 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.

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