Northern Trust Corp Lowers Stock Holdings in Take-Two Interactive Software, Inc. $TTWO

Northern Trust Corp reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 0.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 1,582,013 shares of the company’s stock after selling 6,054 shares during the quarter. Northern Trust Corp’s holdings in Take-Two Interactive Software were worth $327,872,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Clarius Group LLC purchased a new position in shares of Take-Two Interactive Software in the first quarter valued at approximately $404,000. Mackenzie Financial Corp boosted its position in Take-Two Interactive Software by 13.2% in the 4th quarter. Mackenzie Financial Corp now owns 15,698 shares of the company’s stock valued at $2,890,000 after buying an additional 1,833 shares during the period. Cornerstone Investment Partners LLC grew its stake in shares of Take-Two Interactive Software by 14.1% in the first quarter. Cornerstone Investment Partners LLC now owns 292,616 shares of the company’s stock worth $60,645,000 after acquiring an additional 36,112 shares in the last quarter. Stonebridge Financial Group LLC grew its stake in shares of Take-Two Interactive Software by 3,986.2% in the first quarter. Stonebridge Financial Group LLC now owns 1,185 shares of the company’s stock worth $246,000 after acquiring an additional 1,156 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Take-Two Interactive Software by 8.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,810 shares of the company’s stock worth $2,910,000 after acquiring an additional 1,231 shares during the period. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TTWO has been the subject of a number of recent research reports. DA Davidson lifted their target price on Take-Two Interactive Software from $250.00 to $270.00 and gave the company a “buy” rating in a report on Friday, May 16th. Wedbush increased their price target on Take-Two Interactive Software from $269.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. JPMorgan Chase & Co. lifted their price objective on Take-Two Interactive Software from $250.00 to $275.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Zacks Research raised Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 13th. Finally, Bank of America raised their target price on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 8th. Nineteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $245.60.

Take-Two Interactive Software Price Performance

Shares of 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. Take-Two Interactive Software, Inc. has a fifty-two week low of $146.76 and a fifty-two week high of $245.07. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16.

Take-Two Interactive Software (NASDAQ:TTWO) last announced 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 positive return on equity of 7.33% and a negative net margin of 72.92%.The firm had revenue of $1,503,800 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the company posted ($1.52) earnings per share. The firm’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. As a group, equities research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS for the current fiscal year.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 216,661 shares of the company’s stock in a transaction on 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 completion of the transaction, the chief executive officer owned 1,206,427 shares in the company, valued at $272,350,895.25. This represents a 15.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jon J. Moses sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $231.33, for a total value of $231,330.00. Following the transaction, the director directly owned 22,901 shares in the company, valued at approximately $5,297,688.33. The trade was a 4.18% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 461,990 shares of company stock worth $104,292,000. Insiders own 1.34% of the company’s stock.

Take-Two Interactive Software 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.