Fifth Third Bancorp Has $7.61 Million Holdings in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Fifth Third Bancorp increased its holdings in Take-Two Interactive Software by 22.5% in Q2, owning 31,338 shares valued at $7.61 million.
• Take-Two reported a Q2 earnings per share of $0.61, beating expectations, with revenue of $1.50 billion, up 16.4% year-over-year.
• Research analysts have generally rated Take-Two stock as a Moderate Buy, with price target increases from various firms, now averaging $248.32.

Fifth Third Bancorp boosted its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 22.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,338 shares of the company's stock after acquiring an additional 5,747 shares during the period. Fifth Third Bancorp's holdings in Take-Two Interactive Software were worth $7,610,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Argentarii LLC lifted its position in Take-Two Interactive Software by 2.8% during the 2nd quarter. Argentarii LLC now owns 4,621 shares of the company's stock worth $1,122,000 after acquiring an additional 125 shares during the last quarter. Chapin Davis Inc. lifted its position in Take-Two Interactive Software by 62.0% during the 2nd quarter. Chapin Davis Inc. now owns 26,174 shares of the company's stock worth $6,356,000 after acquiring an additional 10,014 shares during the last quarter. GAMMA Investing LLC lifted its position in Take-Two Interactive Software by 20.4% during the 2nd quarter. GAMMA Investing LLC now owns 4,027 shares of the company's stock worth $978,000 after acquiring an additional 682 shares during the last quarter. Strategic Planning Group LLC lifted its position in Take-Two Interactive Software by 3.0% during the 2nd quarter. Strategic Planning Group LLC now owns 17,398 shares of the company's stock worth $4,225,000 after acquiring an additional 499 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its position in Take-Two Interactive Software by 29.6% during the 2nd quarter. Park Avenue Securities LLC now owns 3,263 shares of the company's stock worth $792,000 after acquiring an additional 745 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $245.11 on Friday. The stock has a market cap of $45.22 billion, a P/E ratio of -10.24, a PEG ratio of 5.18 and a beta of 1.00. The company's 50-day simple moving average is $234.89 and its 200 day simple moving average is $227.85. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $255.33. 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 posted its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.33. The business had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The firm's revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.52) earnings per share. 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 forecast that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Benchmark boosted their target price on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. UBS Group boosted their target price on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Bank of America boosted their target price on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. JPMorgan Chase & Co. boosted their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Finally, Raymond James Financial boosted their price objective on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Eighteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $248.32.

Insiders Place Their Bets

In related news, Director Laverne Evans Srinivasan sold 2,325 shares of the company's stock in a transaction dated 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 $2,061,560.61. The trade was a 20.42% decrease in their ownership of the stock. The transaction 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 dated 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 completion of the sale, the insider directly owned 129,792 shares in the company, valued at approximately $29,523,786.24. The trade was a 14.76% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 141,825 shares of company stock valued at $32,532,671 over the last 90 days. Company insiders own 1.34% of the company's stock.

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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