Take-Two Interactive Software, Inc. $TTWO Shares Bought by Cresset Asset Management LLC

Key Points

• Cresset Asset Management LLC increased its stake in Take-Two Interactive Software by 110.1%, acquiring a total of 7,306 shares valued at approximately $1.51 million.
• The company reported an EPS of $0.61 for the last quarter, significantly exceeding analysts' expectations of $0.28, with revenues increasing by 16.4% year-over-year.
• A range of institutional investors have significantly increased their positions in Take-Two Interactive, with 95.46% of the stock owned by institutional investors and hedge funds.

Cresset Asset Management LLC raised its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 110.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,306 shares of the company's stock after buying an additional 3,829 shares during the quarter. Cresset Asset Management LLC's holdings in Take-Two Interactive Software were worth $1,514,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TTWO. Moody Lynn & Lieberson LLC boosted its stake in shares of Take-Two Interactive Software by 0.9% in the first quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company's stock valued at $1,050,000 after purchasing an additional 45 shares during the period. Adero Partners LLC boosted its stake in shares of Take-Two Interactive Software by 2.9% in the first quarter. Adero Partners LLC now owns 1,784 shares of the company's stock valued at $370,000 after purchasing an additional 51 shares during the period. Cullen Frost Bankers Inc. boosted its stake 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 purchasing an additional 57 shares during the period. State of Wyoming boosted its stake in shares of Take-Two Interactive Software by 13.0% in the fourth quarter. State of Wyoming now owns 522 shares of the company's stock valued at $96,000 after purchasing an additional 60 shares during the period. Finally, Simon Quick Advisors LLC boosted its stake in shares of Take-Two Interactive Software by 4.0% in the first quarter. Simon Quick Advisors LLC now owns 1,681 shares of the company's stock valued at $348,000 after purchasing an additional 64 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Stock Up 0.5%

Take-Two Interactive Software stock traded up $1.16 during mid-day trading on Friday, hitting $229.03. The company had a trading volume of 1,089,234 shares, compared to its average volume of 1,915,344. The stock has a market cap of $42.25 billion, a price-to-earnings ratio of -9.57, a PEG ratio of 5.76 and a beta of 0.99. 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 business has a fifty day moving average of $233.25 and a 200 day moving average of $222.32.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.28 by $0.33. The company had revenue of $1,503,800 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%. The firm's revenue was up 16.4% on a year-over-year basis. During the same period in the prior 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. On average, sell-side 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 Michael Sheresky sold 198 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $233.47, for a total value of $46,227.06. Following the completion of the sale, the director directly owned 64,996 shares of the company's stock, valued at approximately $15,174,616.12. This represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jon J. Moses sold 1,000 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $231.33, for a total value of $231,330.00. Following the completion of the sale, the director directly owned 22,901 shares of the company's stock, valued at $5,297,688.33. The trade was a 4.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 535,789 shares of company stock valued at $121,089,348. 1.34% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TTWO. UBS Group raised their price objective on shares of 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. Benchmark upped 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 note on Friday, August 8th. Robert W. Baird upped their target price on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Wall Street Zen lowered shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. Finally, Raymond James Financial upped their target price on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Nineteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $245.60.

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.