Take-Two Interactive Software, Inc. $TTWO Shares Bought by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual Wealth Management Co. significantly increased its stake in Take-Two Interactive Software by 208.0% during the first quarter, owning approximately $62.6 million worth of shares.
• Recently, several brokerages raised their price targets for TTWO, with Bank of America increasing its target from $260 to $285 and maintaining a "buy" rating.
• Take-Two Interactive Software reported EPS of $0.61 for the last quarter, exceeding estimates and indicating a revenue growth of 16.4% compared to the previous year.

Northwestern Mutual Wealth Management Co. increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 208.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 301,932 shares of the company's stock after acquiring an additional 203,917 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.17% of Take-Two Interactive Software worth $62,575,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Park Square Financial Group LLC purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter worth about $28,000. North Capital Inc. purchased a new stake in Take-Two Interactive Software during the 1st quarter worth approximately $35,000. Graybill Wealth Management LTD. purchased a new stake in Take-Two Interactive Software during the 1st quarter worth approximately $37,000. Zions Bancorporation National Association UT acquired a new position in shares of Take-Two Interactive Software during the first quarter valued at approximately $37,000. Finally, Cullen Frost Bankers Inc. lifted its position in shares of Take-Two Interactive Software by 46.0% in the first quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company's stock valued at $38,000 after acquiring an additional 57 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Trading Up 1.2%

NASDAQ:TTWO traded up $2.87 on Thursday, hitting $234.90. The stock had a trading volume of 1,086,763 shares, compared to its average volume of 2,001,980. The company has a fifty day moving average price of $232.85 and a two-hundred day moving average price of $222.87. Take-Two Interactive Software, Inc. has a 1-year low of $146.76 and a 1-year 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. The stock has a market cap of $43.33 billion, a price-to-earnings ratio of -9.81, a PEG ratio of 5.81 and a beta of 0.99.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.33. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The business had revenue of $1,503,800 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter last year, the firm earned ($1.52) EPS. The business's revenue was up 16.4% compared to the same quarter last year. 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. Equities research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Laverne Evans Srinivasan sold 2,325 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $528,867.75. Following the completion of the transaction, the director directly owned 9,063 shares in the company, valued at approximately $2,061,560.61. This represents a 20.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Karl Slatoff sold 216,661 shares of the firm's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $225.75, for a total value of $48,911,220.75. Following the sale, the president directly owned 1,206,427 shares of the company's stock, valued at $272,350,895.25. The trade was a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 535,789 shares of company stock worth $121,089,348. Corporate insiders own 1.34% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on TTWO shares. Citigroup boosted their price target on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. UBS Group upped 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 report on Friday, August 8th. Wells Fargo & Company began coverage on shares of Take-Two Interactive Software in a research note on Monday, July 28th. They issued an "overweight" rating and a $265.00 price target on the stock. Morgan Stanley upped their price objective on shares of 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. Finally, Wall Street Zen downgraded shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Nineteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $245.60.

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.