Sax Wealth Advisors LLC Sells 1,401 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Sax Wealth Advisors LLC reduced its stake in Take-Two Interactive Software by 23.3%, selling 1,401 shares, which brings their total ownership to 4,623 shares valued at approximately $958,000.
• Take-Two has received mixed analyst ratings, with a consensus of 19 buy ratings and two hold ratings, alongside target prices ranging from $245.60 to $285.00 following recent upgrades.
• In the past three months, insiders have sold a total of 535,789 shares of Take-Two Interactive, amounting to over $121 million in value, indicating significant insider transactions.

Sax Wealth Advisors LLC reduced its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 23.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,623 shares of the company's stock after selling 1,401 shares during the quarter. Sax Wealth Advisors LLC's holdings in Take-Two Interactive Software were worth $958,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Clarius Group LLC purchased a new position in Take-Two Interactive Software during the 1st quarter valued at $404,000. Mackenzie Financial Corp grew its position in shares of Take-Two Interactive Software by 13.2% in the 4th quarter. Mackenzie Financial Corp now owns 15,698 shares of the company's stock worth $2,890,000 after buying an additional 1,833 shares during the period. Cornerstone Investment Partners LLC grew its position in shares of Take-Two Interactive Software by 14.1% in the 1st quarter. Cornerstone Investment Partners LLC now owns 292,616 shares of the company's stock worth $60,645,000 after buying an additional 36,112 shares during the period. Stonebridge Financial Group LLC grew its position in shares of Take-Two Interactive Software by 3,986.2% in the 1st quarter. Stonebridge Financial Group LLC now owns 1,185 shares of the company's stock worth $246,000 after buying an additional 1,156 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of 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. 95.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on TTWO. DA Davidson upped their target price 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. Wells Fargo & Company began coverage on shares of Take-Two Interactive Software in a research report on Monday, July 28th. They issued an "overweight" rating and a $265.00 target price on the stock. Wall Street Zen downgraded shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. Robert W. Baird increased their price objective on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the company an "overweight" rating in a research report on Friday, August 8th. Nineteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $245.60.

Take-Two Interactive Software Stock Performance

TTWO traded up $2.87 during midday trading on Thursday, hitting $234.90. 1,086,763 shares of the company traded hands, compared to its average volume of 2,001,980. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $43.33 billion, a PE ratio of -9.81, a price-to-earnings-growth ratio of 5.81 and a beta of 0.99. The company's 50-day moving average is $232.85 and its 200 day moving average is $222.87. Take-Two Interactive Software, Inc. has a 52 week low of $146.76 and a 52 week high of $245.07.

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 (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.33. The business had revenue of $1,503,800 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 business's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($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. On average, research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Insider Transactions at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 27,056 shares of the stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $225.22, for a total value of $6,093,552.32. Following the transaction, the insider owned 152,271 shares in the company, valued at $34,294,474.62. This represents a 15.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Karl Slatoff sold 216,661 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $225.75, for a total transaction of $48,911,220.75. Following the completion of the sale, the president directly owned 1,206,427 shares of the company's stock, valued at $272,350,895.25. This represents a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 535,789 shares of company stock worth $121,089,348. 1.34% of the stock is currently owned by corporate insiders.

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.