Park National Corp OH Has $61.96 Million Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Park National Corp OH has reduced its stake in Take-Two Interactive Software (NASDAQ:TTWO) by 8.3%, holding approximately $61.96 million in the company, making it its 9th largest holding.
• Several hedge funds have significantly increased their positions in Take-Two Interactive, with Nuveen LLC acquiring about $288.41 million in the first quarter.
• Take-Two Interactive's stock has received multiple price target upgrades from analysts, with Bank of America raising its target to $285.00 and Wells Fargo initiating coverage with an "overweight" rating.

Park National Corp OH decreased its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 8.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 255,154 shares of the company's stock after selling 23,208 shares during the period. Take-Two Interactive Software accounts for about 2.0% of Park National Corp OH's portfolio, making the stock its 9th biggest holding. Park National Corp OH owned approximately 0.14% of Take-Two Interactive Software worth $61,964,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Nuveen LLC bought a new position in Take-Two Interactive Software during the first quarter valued at approximately $288,410,000. Price T Rowe Associates Inc. MD boosted its stake in 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. Contour Asset Management LLC bought a new position in Take-Two Interactive Software during the first quarter valued at approximately $180,701,000. GAMMA Investing LLC boosted its stake in 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. Finally, Vanguard Group Inc. boosted its stake in 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. Institutional investors own 95.46% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on TTWO shares. Wells Fargo & Company started coverage on Take-Two Interactive Software in a research note on Monday, July 28th. They set an "overweight" rating and a $265.00 price target for the company. Bank of America increased their price target on Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Morgan Stanley increased their price target on Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a research note on Monday, May 19th. UBS Group increased their price target on Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Finally, Zacks Research upgraded Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. Eighteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $248.32.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 22,479 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Strauss Zelnick sold 20,000 shares of the firm's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $230.69, for a total value of $4,613,800.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 141,411 shares of company stock valued at $32,430,724. Company insiders own 1.34% of the company's stock.

Take-Two Interactive Software Trading Down 0.1%

Shares of TTWO stock opened at $246.26 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The stock's 50 day simple moving average is $232.99 and its two-hundred day simple moving average is $225.34. Take-Two Interactive Software, Inc. has a 1 year low of $146.76 and a 1 year high of $250.45. The company has a market cap of $45.43 billion, a PE ratio of -10.29, a price-to-earnings-growth ratio of 5.34 and a beta of 1.00.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.33. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the business posted ($1.52) earnings per share. The company's revenue for the quarter was up 16.4% on a year-over-year basis. 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.

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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