Take-Two Interactive Software, Inc. $TTWO Shares Sold by Park National Corp OH

Park National Corp OH trimmed its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 6.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 81,236 shares of the company’s stock after selling 5,599 shares during the quarter. Park National Corp OH’s holdings in Take-Two Interactive Software were worth $16,856,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Take-Two Interactive Software by 597.1% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 5,744 shares of the company’s stock worth $1,134,000 after acquiring an additional 4,920 shares during the period. Primecap Management Co. CA acquired a new position in Take-Two Interactive Software during the 2nd quarter valued at about $23,480,000. Rockefeller Capital Management L.P. boosted its stake in Take-Two Interactive Software by 45.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 44,875 shares of the company’s stock valued at $11,489,000 after purchasing an additional 14,050 shares during the period. Corient Private Wealth LP grew its position in Take-Two Interactive Software by 22.4% in the 2nd quarter. Corient Private Wealth LP now owns 30,018 shares of the company’s stock worth $7,504,000 after purchasing an additional 5,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board acquired a new stake in shares of Take-Two Interactive Software in the second quarter valued at approximately $37,090,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on TTWO shares. BMO Capital Markets reiterated an “outperform” rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. JPMorgan Chase & Co. assumed coverage on shares of Take-Two Interactive Software in a research report on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 target price for the company. Raymond James Financial set a $300.00 price target on shares of Take-Two Interactive Software in a research note on Thursday, August 6th. Piper Sandler reiterated an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. Finally, Bank of America boosted their target price on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software presently has a consensus rating of “Moderate Buy” and an average price target of $298.89.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO traded down $0.79 during mid-day trading on Monday, reaching $201.94. The company had a trading volume of 741,449 shares, compared to its average volume of 2,324,078. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52. The stock has a market cap of $37.76 billion, a PE ratio of -116.75, a P/E/G ratio of 1.41 and a beta of 0.97. The company has a 50-day moving average price of $225.87 and a two-hundred day moving average price of $223.67. Take-Two Interactive Software, Inc. has a 1-year low of $187.63 and a 1-year high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The company’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter last year, the business earned ($0.07) EPS. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. On average, equities analysts anticipate that Take-Two Interactive Software, Inc. will post 5.25 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Daniel Emerson sold 917 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $217.65, for a total transaction of $199,585.05. Following the sale, the insider owned 113,071 shares in the company, valued at $24,609,903.15. The trade was a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director LaVerne Srinivasan sold 362 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $88,693.62. Following the completion of the transaction, the director directly owned 8,357 shares of the company’s stock, valued at $2,047,548.57. This represents a 4.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 52,818 shares of company stock valued at $12,764,630 over the last 90 days. 1.12% of the stock is owned by corporate insiders.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc is a global video game publisher and developer headquartered in New York City. Founded in 1993, the company creates and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.

Take-Two operates through well-known publishing labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto and Red Dead Redemption franchises, as well as NBA 2K, WWE 2K, Borderlands, BioShock, Sid Meier’s Civilization and other sports, action, strategy and role-playing titles.