Swedbank AB Boosts Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

Key Points

• Swedbank AB increased its holdings in Take-Two Interactive Software by 9.8% in the first quarter, owning approximately 115,042 shares valued at $23.84 million.
• Take-Two's stock has an average target price of $248.32 with a majority of analysts rating it as a "Moderate Buy".
• Insider selling activity includes significant transactions by Director Jon J. Moses and President Karl Slatoff, totaling $11.4 million in stock sold over recent months.

Swedbank AB raised its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 9.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 115,042 shares of the company's stock after buying an additional 10,305 shares during the quarter. Swedbank AB owned about 0.06% of Take-Two Interactive Software worth $23,842,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. 1 North Wealth Services LLC purchased a new stake in Take-Two Interactive Software in the first quarter valued at about $29,000. Park Square Financial Group LLC acquired a new position in shares of Take-Two Interactive Software in the fourth quarter valued at about $28,000. Game Plan Financial Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the first quarter valued at about $31,000. North Capital Inc. acquired a new position in shares of Take-Two Interactive Software in the first quarter valued at about $35,000. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Take-Two Interactive Software in the first quarter valued at about $37,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,325 shares of the business's stock in a transaction that occurred 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 sale, the director directly owned 9,063 shares in the company, valued at approximately $2,061,560.61. The trade was a 20.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Karl Slatoff sold 48,995 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $227.68, for a total value of $11,155,181.60. The disclosure for this sale can be found here. Insiders have sold a total of 141,411 shares of company stock worth $32,430,724 in the last ninety days. 1.34% of the stock is owned by corporate insiders.

Take-Two Interactive Software Price Performance

NASDAQ TTWO traded up $0.99 during trading hours on Monday, reaching $247.25. The company's stock had a trading volume of 1,333,324 shares, compared to its average volume of 1,196,664. The firm has a market capitalization of $45.61 billion, a price-to-earnings ratio of -10.33, a P/E/G ratio of 5.21 and a beta of 1.00. 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 debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The company's 50-day moving average is $233.09 and its two-hundred day moving average is $225.82.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly 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 company had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.31 billion. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.Take-Two Interactive Software's quarterly revenue was up 16.4% compared to the same quarter last year. 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. On average, equities analysts predict 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 a number of research reports. UBS Group increased their price objective on Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 8th. Morgan Stanley increased their price objective on Take-Two Interactive Software from $210.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, May 19th. Wedbush increased their price objective on Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Bank of America increased their price objective on Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 8th. Finally, Wells Fargo & Company initiated coverage on Take-Two Interactive Software in a research note on Monday, July 28th. They issued an "overweight" rating and a $265.00 target price on the stock. Eighteen 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, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and a consensus target price of $248.32.

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.