US Bancorp DE Trims Position in Take-Two Interactive Software, Inc. $TTWO

Key Points

• US Bancorp DE has reduced its stake in Take-Two Interactive Software by 7.8%, selling 1,960 shares, which is now worth approximately $5.6 million.
• Several institutional investors have increased their holdings in Take-Two, with notable purchases and raises from firms like Nuveen LLC and Price T Rowe Associates Inc., collectively indicating strong interest in the stock.
• Research analysts are optimistic about Take-Two's future, with multiple firms raising their price targets and a consensus rating of "Moderate Buy" from nineteen analysts.

US Bancorp DE lessened its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 7.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,191 shares of the company's stock after selling 1,960 shares during the period. US Bancorp DE's holdings in Take-Two Interactive Software were worth $5,632,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of TTWO. Nuveen LLC purchased a new position in shares of Take-Two Interactive Software during the 1st quarter worth $288,410,000. Price T Rowe Associates Inc. MD raised 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 worth $296,640,000 after acquiring an additional 1,158,783 shares during the period. Contour Asset Management LLC purchased a new position in shares of Take-Two Interactive Software during the 1st quarter worth $180,701,000. Assenagon Asset Management S.A. raised its holdings in shares of Take-Two Interactive Software by 107.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,001,531 shares of the company's stock worth $243,222,000 after acquiring an additional 519,518 shares during the period. Finally, Vanguard Group Inc. raised 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 worth $4,117,123,000 after acquiring an additional 506,026 shares during the period. Hedge funds and other institutional investors own 95.46% of the company's stock.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Jon J. Moses sold 1,000 shares of Take-Two Interactive Software stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $239.57, for a total value of $239,570.00. Following the completion of the transaction, the director directly owned 21,901 shares of the company's stock, valued at $5,246,822.57. The trade was a 4.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Strauss Zelnick sold 45,000 shares of Take-Two Interactive Software stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total value of $10,404,000.00. Following the completion of the transaction, the chief executive officer directly owned 281,495 shares of the company's stock, valued at approximately $65,081,644. This represents a 13.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 141,825 shares of company stock worth $32,532,671 over the last 90 days. 1.34% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on TTWO shares. Bank of America lifted their price target on Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Wedbush raised 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. raised 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. DA Davidson raised their price objective on Take-Two Interactive Software from $270.00 to $300.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, UBS Group raised 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. Nineteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Take-Two Interactive Software has a consensus rating of "Moderate Buy" and an average target price of $251.60.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $251.97 on Monday. The company has a market cap of $46.48 billion, a P/E ratio of -10.53, a P/E/G ratio of 5.35 and a beta of 1.01. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The stock has a 50-day moving average of $241.66 and a two-hundred day moving average of $231.78. Take-Two Interactive Software, Inc. has a 1-year low of $153.06 and a 1-year high of $262.19.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.33. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate 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%.Take-Two Interactive Software's revenue was up 16.4% compared to the same quarter last year. During the same period in the previous year, the company posted ($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. As a group, analysts anticipate that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current year.

Take-Two Interactive Software Company 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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