Van Lanschot Kempen Investment Management N.V. Sells 7,265 Shares of Take-Two Interactive Software, Inc. $TTWO

Key Points

• Van Lanschot Kempen Investment Management N.V. reduced its stake in Take-Two Interactive Software by 79.0%, selling 7,265 shares and holding only 1,927 shares worth approximately $399,000.
• Institutional investors now own 95.46% of Take-Two Interactive Software, with several large investors, including Canada Pension Plan Investment Board, significantly increasing their positions in the company.
• Analysts have shown optimism towards Take-Two, with multiple firms raising their price targets, indicating a strong consensus of a "Moderate Buy" rating and an average target price of $245.60.

Van Lanschot Kempen Investment Management N.V. lessened its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 79.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,927 shares of the company's stock after selling 7,265 shares during the period. Van Lanschot Kempen Investment Management N.V.'s holdings in Take-Two Interactive Software were worth $399,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Canada Pension Plan Investment Board increased its position in Take-Two Interactive Software by 32.9% during the 4th quarter. Canada Pension Plan Investment Board now owns 20,738 shares of the company's stock worth $3,817,000 after buying an additional 5,135 shares during the period. BI Asset Management Fondsmaeglerselskab A S increased its position in Take-Two Interactive Software by 630.3% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 6,098 shares of the company's stock worth $1,123,000 after buying an additional 5,263 shares during the period. MML Investors Services LLC increased its position in Take-Two Interactive Software by 8.8% during the 4th quarter. MML Investors Services LLC now owns 9,793 shares of the company's stock worth $1,803,000 after buying an additional 795 shares during the period. TD Waterhouse Canada Inc. increased its position in 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 increased its position in 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 worth $8,008,000 after buying an additional 12,201 shares during the period. Institutional investors own 95.46% of the company's stock.

Insider Activity

In other news, insider Daniel P. Emerson sold 27,056 shares of Take-Two Interactive Software stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $225.22, for a total transaction of $6,093,552.32. Following the sale, the insider directly owned 152,271 shares of the company's stock, valued at approximately $34,294,474.62. This trade represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, President Karl Slatoff sold 216,661 shares of Take-Two Interactive Software stock in a transaction dated 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 sale, the president directly owned 1,206,427 shares in the company, valued at $272,350,895.25. The trade was a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 461,990 shares of company stock valued at $104,292,000. 1.34% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Morgan Stanley increased their price objective on Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an "overweight" rating in a research report on Monday, May 19th. 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. Zacks Research upgraded Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. 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. Finally, 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 report on Friday, August 8th. Nineteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software has an average rating of "Moderate Buy" and a consensus target price of $245.60.

Take-Two Interactive Software Stock Performance

NASDAQ:TTWO opened at $228.67 on Thursday. The stock's 50-day simple moving average is $233.40 and its 200 day simple moving average is $221.46. The firm has a market capitalization of $42.18 billion, a PE ratio of -9.55, a price-to-earnings-growth ratio of 5.74 and a beta of 0.99. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. 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 for the quarter, beating 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 $1,503,800 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the firm posted ($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. On average, analysts anticipate 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.

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