Take-Two Interactive Software, Inc. $TTWO Shares Sold by Northern Trust Corp

Key Points

• Northern Trust Corp reduced its stake in Take-Two Interactive by 0.4%, owning approximately 1.58 million shares valued at $327.87 million as of the latest SEC filing.
• Take-Two Interactive reported a positive earnings per share of $0.61 for the last quarter, significantly exceeding analysts' estimates of $0.28 and showing a 16.4% increase in revenue year-over-year.
• Institutional investors hold 95.46% of Take-Two Interactive shares, with several funds recently increasing their positions, including a 32.9% rise by the Canada Pension Plan Investment Board.

Northern Trust Corp decreased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 0.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,582,013 shares of the company's stock after selling 6,054 shares during the quarter. Northern Trust Corp owned approximately 0.90% of Take-Two Interactive Software worth $327,872,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TTWO. Canada Pension Plan Investment Board increased its stake in shares of Take-Two Interactive Software by 32.9% in the 4th quarter. Canada Pension Plan Investment Board now owns 20,738 shares of the company's stock valued at $3,817,000 after purchasing an additional 5,135 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its position in shares of Take-Two Interactive Software by 630.3% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 6,098 shares of the company's stock valued at $1,123,000 after buying an additional 5,263 shares in the last quarter. MML Investors Services LLC increased its position in shares of Take-Two Interactive Software by 8.8% in the fourth quarter. MML Investors Services LLC now owns 9,793 shares of the company's stock valued at $1,803,000 after buying an additional 795 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in shares of Take-Two Interactive Software by 3.0% during the 4th quarter. TD Waterhouse Canada Inc. now owns 12,780 shares of the company's stock worth $2,353,000 after buying an additional 374 shares during the period. Finally, State of Tennessee Department of Treasury lifted its position in shares of Take-Two Interactive Software by 39.0% during the 4th quarter. State of Tennessee Department of Treasury now owns 43,503 shares of the company's stock valued at $8,008,000 after buying an additional 12,201 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company's stock.

Take-Two Interactive Software Trading Up 0.1%

Shares of TTWO stock opened at $228.67 on Thursday. The company's 50-day moving average price is $233.40 and its 200-day moving average price is $221.46. 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 cap of $42.18 billion, a price-to-earnings ratio of -9.55, a PEG ratio of 5.74 and a beta of 0.99. Take-Two Interactive Software, Inc. has a twelve month low of $146.76 and a twelve month high of $245.07.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate 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 $1,503,800 billion during the quarter, compared to analysts' expectations of $1.31 billion. During the same period last year, the business earned ($1.52) earnings per share. Take-Two Interactive Software'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. As a group, equities analysts predict that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Insider Activity

In other Take-Two Interactive Software news, Director Jon J. Moses sold 1,000 shares of the firm's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $231.33, for a total transaction of $231,330.00. Following the completion of the sale, the director owned 22,901 shares of the company's stock, valued at $5,297,688.33. This trade represents a 4.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Karl Slatoff sold 216,661 shares of Take-Two Interactive Software stock in a transaction on Friday, May 30th. The shares were sold at an average price of $225.75, for a total value of $48,911,220.75. Following the completion of the sale, the president owned 1,206,427 shares in the company, valued at $272,350,895.25. This represents a 15.22% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 461,990 shares of company stock worth $104,292,000. 1.34% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TTWO. Bank of America boosted their price target on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. 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. BMO Capital Markets reiterated an "outperform" rating and set a $236.00 price target (down from $240.00) on shares of Take-Two Interactive Software in a research report on Monday, May 5th. Zacks Research upgraded shares of Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. Finally, Benchmark boosted their price target on shares of Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Nineteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus 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.

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