UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Reduces Stake in Take-Two Interactive Software, Inc. $TTWO

Key Points

• UBS Asset Management reduced its stake in Take-Two Interactive Software by 23.4%, selling over 1 million shares, leaving it with a total of 3.47 million shares valued at approximately $718.7 million.
• Institutional investors hold 95.46% of Take-Two's shares, indicating strong interest from larger financial entities, while several hedge funds modified their positions in the first quarter.
• Take-Two recently reported earnings that surpassed analysts' expectations, with an earnings per share of $0.61 on $1.50 billion in revenue, up 16.4% year-over-year.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC cut its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 23.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,467,815 shares of the company's stock after selling 1,059,944 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 1.96% of Take-Two Interactive Software worth $718,705,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Moody Lynn & Lieberson LLC boosted its position in shares of Take-Two Interactive Software by 0.9% in the 1st 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. Brooklyn Investment Group lifted its position in Take-Two Interactive Software by 8.1% during the 1st quarter. Brooklyn Investment Group now owns 669 shares of the company's stock worth $139,000 after acquiring an additional 50 shares during the period. Adero Partners LLC lifted its position in Take-Two Interactive Software by 2.9% during the 1st quarter. Adero Partners LLC now owns 1,784 shares of the company's stock worth $370,000 after acquiring an additional 51 shares during the period. Cullen Frost Bankers Inc. lifted its position in 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. Finally, State of Wyoming lifted its position in Take-Two Interactive Software by 13.0% during the 4th quarter. State of Wyoming now owns 522 shares of the company's stock worth $96,000 after acquiring an additional 60 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Take-Two Interactive Software

In related news, Director Laverne Evans Srinivasan sold 2,325 shares of the firm'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 value of $528,867.75. Following the completion of the transaction, the director directly owned 9,063 shares of the company's stock, valued at $2,061,560.61. This trade represents a 20.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Karl Slatoff sold 48,995 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were 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 sold a total of 141,411 shares of company stock worth $32,430,724 over the last ninety days. 1.34% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Wedbush increased their price objective on Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. JPMorgan Chase & Co. increased their price objective on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Citigroup increased their price objective on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Benchmark increased their price objective on 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. Finally, UBS Group increased their price objective on Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $248.32.

Take-Two Interactive Software Price Performance

Shares of TTWO traded down $0.28 during mid-day trading on Friday, hitting $246.26. The company's stock had a trading volume of 1,000,578 shares, compared to its average volume of 1,215,411. 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 50-day simple moving average of $232.99 and a 200 day simple moving average of $225.34. The firm has a market capitalization of $45.43 billion, a P/E ratio of -10.29, a P/E/G ratio of 5.34 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.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted 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 business 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%.The company's quarterly revenue was up 16.4% compared to the same quarter last year. During the same period last year, the firm earned ($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. Analysts predict that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

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.