Take-Two Interactive Software, Inc. $TTWO Shares Sold by Nordea Investment Management AB

Key Points

• Nordea Investment Management AB reduced its holdings in Take-Two Interactive Software by 31.8%, selling 339,471 shares, while retaining a position worth approximately $176.88 million.
• Take-Two reported earnings of $0.61 EPS in the latest quarter, exceeding expectations of $0.28, with a revenue increase of 16.4% year-over-year.
• Analysts have a Moderate Buy rating on the stock, with an average target price of $252.85, as several firms raised their price objectives following recent performance.

Nordea Investment Management AB lowered its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 31.8% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 727,219 shares of the company's stock after selling 339,471 shares during the quarter. Nordea Investment Management AB owned about 0.41% of Take-Two Interactive Software worth $176,881,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of TTWO. ORG Partners LLC lifted its holdings in shares of Take-Two Interactive Software by 115.7% in the 2nd quarter. ORG Partners LLC now owns 110 shares of the company's stock valued at $26,000 after buying an additional 59 shares during the period. Blue Trust Inc. lifted its holdings in shares of Take-Two Interactive Software by 101.9% in the 2nd quarter. Blue Trust Inc. now owns 105 shares of the company's stock valued at $26,000 after buying an additional 53 shares during the period. 1 North Wealth Services LLC acquired a new position in shares of Take-Two Interactive Software in the 1st quarter valued at about $29,000. Game Plan Financial Advisors LLC acquired a new position in shares of Take-Two Interactive Software in the 1st quarter valued at about $31,000. Finally, North Capital Inc. acquired a new position in shares of Take-Two Interactive Software in the 1st quarter valued at about $35,000. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $261.35 on Friday. Take-Two Interactive Software, Inc. has a 12 month low of $154.13 and a 12 month high of $264.79. The stock has a 50 day moving average of $245.13 and a two-hundred day moving average of $233.19. 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 firm has a market cap of $48.21 billion, a P/E ratio of -10.92, a price-to-earnings-growth ratio of 5.50 and a beta of 1.01.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.28 by $0.33. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the previous year, the business earned ($1.52) EPS. Take-Two Interactive Software's quarterly revenue was up 16.4% on a year-over-year basis. 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, analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TTWO has been the subject of several analyst reports. Wedbush boosted 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. UBS Group boosted 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. Weiss Ratings restated a "sell (d)" rating on shares of Take-Two Interactive Software in a research note on Wednesday, October 8th. Citigroup lifted their price target on Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Finally, Benchmark lifted their price target on Take-Two Interactive Software from $275.00 to $300.00 and gave the company a "buy" rating in a research note on Thursday. Nineteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $252.85.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 411 shares of the business's stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $259.42, for a total transaction of $106,621.62. Following the completion of the sale, the director directly owned 2,860 shares in the company, valued at approximately $741,941.20. The trade was a 12.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Strauss Zelnick sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $230.69, for a total value of $4,613,800.00. The disclosure for this sale can be found here. Insiders sold 141,822 shares of company stock worth $32,540,844 in the last quarter. Corporate insiders own 1.34% of the company's stock.

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.

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