MAI Capital Management Reduces Holdings in Take-Two Interactive Software, Inc. $TTWO

Key Points

• MAI Capital Management reduced its stake in Take-Two Interactive Software by 28.3%, selling 19,343 shares during the first quarter, bringing its total holdings to 49,046 shares valued at $10.17 million.
• Recent earnings showed Take-Two beat EPS estimates with $0.61 against expectations of $0.28, alongside revenue of $1.50 billion, a 16.4% year-over-year increase.
• Analysts have a consensus target price of $248.32 for Take-Two shares, with 18 analysts rating the stock as a Buy and two as a Hold.

MAI Capital Management trimmed its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 28.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,046 shares of the company's stock after selling 19,343 shares during the quarter. MAI Capital Management's holdings in Take-Two Interactive Software were worth $10,165,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Nuveen LLC acquired a new position in shares of Take-Two Interactive Software during the first quarter valued at about $288,410,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Take-Two Interactive Software by 425.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock valued at $296,640,000 after buying an additional 1,158,783 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Take-Two Interactive Software by 27,563.6% during the first quarter. GAMMA Investing LLC now owns 693,251 shares of the company's stock valued at $143,676,000 after buying an additional 690,745 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Take-Two Interactive Software by 2.6% during the first quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company's stock valued at $4,117,123,000 after buying an additional 506,026 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its holdings in shares of Take-Two Interactive Software by 1,112.5% during the first quarter. Robeco Institutional Asset Management B.V. now owns 366,853 shares of the company's stock valued at $76,030,000 after buying an additional 336,598 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Take-Two Interactive Software

In related news, CEO Strauss Zelnick sold 20,000 shares of the company's stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $230.69, for a total transaction of $4,613,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Laverne Evans Srinivasan sold 2,325 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 transaction of $528,867.75. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 140,411 shares of company stock worth $32,191,154 over the last ninety days. Insiders own 1.34% of the company's stock.

Take-Two Interactive Software Stock Performance

TTWO traded up $1.79 on Thursday, hitting $240.65. The company's stock had a trading volume of 909,874 shares, compared to its average volume of 1,987,038. The company's 50 day simple moving average is $232.41 and its 200-day simple moving average is $223.78. The firm has a market cap of $44.39 billion, a P/E ratio of -10.05, a price-to-earnings-growth ratio of 5.87 and a beta of 1.00. Take-Two Interactive Software, Inc. has a 12 month low of $146.76 and a 12 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.

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, topping analysts' consensus estimates of $0.28 by $0.33. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates 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%. Take-Two Interactive Software's revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm 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 forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Analyst Upgrades and Downgrades

TTWO has been the topic of several analyst reports. Bank of America boosted their price target on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. JPMorgan Chase & Co. boosted their price target 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. Raymond James Financial lifted 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 research report on Friday, August 8th. DA Davidson lifted their price objective on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Finally, Robert W. Baird lifted their price objective on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Eighteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price 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.