United Services Automobile Association Acquires New Stake in Take-Two Interactive Software, Inc. $TTWO

Key Points

• United Services Automobile Association has acquired 3,509 shares of Take-Two Interactive Software, valued at approximately $739,000, during the first quarter.
• Analysts have mixed opinions on Take-Two Interactive, with UBS and Bank of America setting target prices at $285, while Zacks recently upgraded it from a "strong sell" to a "hold" rating.
• Take-Two reported a strong quarterly performance with earnings of $0.61 per share, exceeding expectations, and a 16.4% year-over-year revenue increase to $1.50 billion.

United Services Automobile Association bought a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,509 shares of the company's stock, valued at approximately $739,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TTWO. Nuveen LLC purchased a new stake in Take-Two Interactive Software during the 1st quarter valued at approximately $288,410,000. Price T Rowe Associates Inc. MD lifted its position in Take-Two Interactive Software by 425.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock worth $296,640,000 after buying an additional 1,158,783 shares during the last quarter. Contour Asset Management LLC bought a new stake in Take-Two Interactive Software in the first quarter worth $180,701,000. GAMMA Investing LLC lifted its position in Take-Two Interactive Software by 27,563.6% in the first quarter. GAMMA Investing LLC now owns 693,251 shares of the company's stock worth $143,676,000 after buying an additional 690,745 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in Take-Two Interactive Software by 2.6% in the first quarter. Vanguard Group Inc. now owns 19,865,489 shares of the company's stock worth $4,117,123,000 after purchasing an additional 506,026 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Jon J. Moses sold 1,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $239.57, for a total transaction of $239,570.00. Following the transaction, the director owned 21,901 shares in the company, valued at $5,246,822.57. This trade represents a 4.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Karl Slatoff sold 48,995 shares of the 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. Over the last ninety days, insiders have sold 141,411 shares of company stock worth $32,430,724. Insiders own 1.34% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on TTWO shares. Wall Street Zen lowered Take-Two Interactive Software from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. JPMorgan Chase & Co. increased their target price on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Citigroup increased their target price on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Robert W. Baird increased their target price on Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Finally, Bank of America increased their target price on Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $248.32.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock traded down $0.28 during mid-day trading on Friday, hitting $246.26. The company had a trading volume of 1,000,578 shares, compared to its average volume of 1,960,421. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. Take-Two Interactive Software, Inc. has a 12-month low of $146.76 and a 12-month high of $250.45. The company's fifty day moving average is $232.88 and its 200-day moving average is $225.07. The company has a market capitalization of $45.43 billion, a price-to-earnings ratio of -10.29, a P/E/G ratio of 6.07 and a beta of 1.00.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released 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 business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the prior year, the firm posted ($1.52) EPS. 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.

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.