Congress Asset Management Co. Lowers Stock Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Congress Asset Management Co. reduced its holdings in Take-Two Interactive Software, Inc. by 50.8%, bringing their total shares to 5,325, valued at approximately $1.29 million.
• Despite the reduction by Congress, several other institutional investors, including GAMMA Investing LLC, significantly increased their stakes in Take-Two during the same period.
• Take-Two reported a Q2 EPS of $0.61, surpassing consensus estimates by $0.33, and a revenue increase of 16.4% year-over-year, totaling $1.50 billion.

Congress Asset Management Co. reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 50.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,325 shares of the company's stock after selling 5,494 shares during the quarter. Congress Asset Management Co.'s holdings in Take-Two Interactive Software were worth $1,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in Take-Two Interactive Software by 8.4% in the 4th 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. MassMutual Private Wealth & Trust FSB lifted its position in shares of Take-Two Interactive Software by 28.5% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 807 shares of the company's stock valued at $167,000 after acquiring an additional 179 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Take-Two Interactive Software by 27,563.6% in the first quarter. GAMMA Investing LLC now owns 693,251 shares of the company's stock worth $143,676,000 after acquiring an additional 690,745 shares during the period. Global Financial Private Client LLC raised its stake in Take-Two Interactive Software by 50.0% during the 1st quarter. Global Financial Private Client LLC now owns 237 shares of the company's stock valued at $49,000 after purchasing an additional 79 shares during the period. Finally, Fifth Third Wealth Advisors LLC raised its stake in Take-Two Interactive Software by 18.8% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 5,104 shares of the company's stock valued at $1,058,000 after purchasing an additional 807 shares during the period. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Stock Performance

TTWO stock opened at $256.12 on Friday. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $258.10. The firm has a market cap of $47.25 billion, a price-to-earnings ratio of -10.70, a PEG ratio of 5.43 and a beta of 1.00. The business's fifty day simple moving average is $235.39 and its two-hundred day simple moving average is $228.36. The company has a quick ratio of 1.16, a current 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 quarterly earnings data on Thursday, August 7th. The company reported $0.61 EPS for the quarter, topping 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 period last year, the business 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. Analysts predict that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Strauss Zelnick sold 45,000 shares of the stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total transaction of $10,404,000.00. Following the completion of the sale, the chief executive officer owned 281,495 shares of the company's stock, valued at $65,081,644. This represents a 13.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the stock in a transaction 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 of the company's stock, valued at approximately $2,061,560.61. This represents a 20.42% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 141,825 shares of company stock valued at $32,532,671 in the last three months. 1.34% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TTWO. Wells Fargo & Company began coverage on shares of Take-Two Interactive Software in a research note on Monday, July 28th. They set an "overweight" rating and a $265.00 target price for the company. Citigroup raised their price objective on Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. UBS Group lifted their target price on Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. JPMorgan Chase & Co. increased their price target on 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 note on Wednesday, August 13th. Eighteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $248.32.

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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