Comerica Bank Sells 1,500 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Comerica Bank reduced its stake in Take-Two Interactive Software by 4.3%, selling 1,500 shares, bringing its total ownership to 33,157 shares valued at approximately $6.87 million.
• Take-Two reported an EPS of $0.61 for the last quarter, exceeding estimates, and projected future earnings guidance of 0.850-0.950 EPS for Q2 2026.
• Several analysts have raised their price targets for Take-Two stock, with Morgan Stanley setting a new target of $265 and Bank of America increasing its target to $285, indicating strong investor confidence.

Comerica Bank lessened its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 4.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,157 shares of the company's stock after selling 1,500 shares during the period. Comerica Bank's holdings in Take-Two Interactive Software were worth $6,872,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Park Square Financial Group LLC bought a new stake in shares of Take-Two Interactive Software during the 4th quarter worth approximately $28,000. North Capital Inc. bought a new stake in shares of Take-Two Interactive Software during the 1st quarter worth approximately $35,000. Zions Bancorporation National Association UT bought a new stake in shares of Take-Two Interactive Software during the 1st quarter worth approximately $37,000. Graybill Wealth Management LTD. bought a new stake in shares of Take-Two Interactive Software during the 1st quarter worth approximately $37,000. Finally, Cullen Frost Bankers Inc. lifted its holdings in shares of Take-Two Interactive Software by 46.0% during the 1st quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company's stock worth $38,000 after acquiring an additional 57 shares during the period. Institutional investors own 95.46% of the company's stock.

Take-Two Interactive Software Trading Down 0.7%

TTWO traded down $1.63 during trading on Friday, reaching $233.27. 988,982 shares of the company's stock were exchanged, compared to its average volume of 1,828,808. Take-Two Interactive Software, Inc. has a one year low of $146.76 and a one year high of $245.07. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $43.03 billion, a PE ratio of -9.74, a price-to-earnings-growth ratio of 5.87 and a beta of 0.99. The firm has a fifty day moving average price of $232.68 and a two-hundred day moving average price of $223.29.

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 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 firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period in the previous year, the firm posted ($1.52) EPS. The company's revenue for the quarter 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. As a group, equities research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Insider Activity

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $230.69, for a total transaction of $4,613,800.00. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 transaction of $11,155,181.60. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 167,467 shares of company stock worth $38,284,706. Company insiders own 1.34% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on TTWO shares. Wells Fargo & Company started coverage on shares of Take-Two Interactive Software in a report on Monday, July 28th. They set an "overweight" rating and a $265.00 price target for the company. Robert W. Baird lifted their price target on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the company an "outperform" rating in a report on Friday, May 16th. UBS Group lifted their price target on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the company a "buy" rating in a report on Friday, August 8th. Zacks Research raised shares of Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 13th. Finally, Raymond James Financial lifted their price target on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Eighteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and a consensus price target of $248.32.

Take-Two Interactive Software 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.