APG Asset Management N.V. Sells 1,800 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• APG Asset Management N.V. reduced its stake in Take-Two Interactive Software, Inc. by 2.0%, ending the quarter with 87,500 shares valued at approximately $16.79 million.
• The company's President, Karl Slatoff, sold 216,661 shares for over $48.9 million, resulting in a 15.22% decrease in his ownership stake.
• Take-Two recently reported earnings per share of $0.61, significantly beating analyst estimates and showcasing a 16.4% year-over-year revenue growth.

APG Asset Management N.V. reduced its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 2.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 87,500 shares of the company's stock after selling 1,800 shares during the period. APG Asset Management N.V.'s holdings in Take-Two Interactive Software were worth $16,788,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of TTWO. Nuveen LLC purchased a new position in shares of Take-Two Interactive Software during the 1st quarter valued at $288,410,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Take-Two Interactive Software by 425.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock valued at $296,640,000 after acquiring an additional 1,158,783 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Take-Two Interactive Software by 27,563.6% during the 1st quarter. GAMMA Investing LLC now owns 693,251 shares of the company's stock valued at $143,676,000 after acquiring an additional 690,745 shares in the last quarter. Alyeska Investment Group L.P. grew its holdings in shares of Take-Two Interactive Software by 74.3% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,347,150 shares of the company's stock valued at $247,983,000 after acquiring an additional 574,326 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Take-Two Interactive Software by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company's stock valued at $4,117,123,000 after acquiring an additional 506,026 shares in the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Up 0.5%

NASDAQ:TTWO traded up $1.21 during trading hours on Wednesday, reaching $232.03. The company's stock had a trading volume of 1,030,035 shares, compared to its average volume of 1,878,737. The company has a market cap of $42.80 billion, a price-to-earnings ratio of -9.69, a price-to-earnings-growth ratio of 5.81 and a beta of 0.99. Take-Two Interactive Software, Inc. has a one year low of $146.76 and a one year high of $245.07. The business's 50-day moving average is $232.85 and its 200-day moving average is $222.87. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16.

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 (EPS) for the quarter, beating 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 company had revenue of $1,503,800 billion during the quarter, compared to analysts' expectations of $1.31 billion. During the same period in the prior year, the company earned ($1.52) earnings per share. The business's quarterly 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. Equities research analysts predict that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Jon J. Moses sold 1,000 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $231.33, for a total transaction of $231,330.00. Following the completion of the sale, the director directly owned 22,901 shares in the company, valued at $5,297,688.33. This 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 at the SEC website. Also, Director Laverne Evans Srinivasan sold 2,325 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.47, for a total transaction of $528,867.75. Following the sale, the director owned 9,063 shares of the company's stock, valued at $2,061,560.61. This trade represents a 20.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 535,789 shares of company stock valued at $121,089,348. 1.34% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on TTWO. Citigroup boosted their price target on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Bank of America upped their price objective 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. UBS Group upped their price objective on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Wall Street Zen cut shares of Take-Two Interactive Software from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Finally, Raymond James Financial upped their price objective on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Nineteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target 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.