First Citizens Bank & Trust Co. Lowers Position in Take-Two Interactive Software, Inc. $TTWO

First Citizens Bank & Trust Co. cut its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 5.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,677 shares of the company’s stock after selling 142 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Take-Two Interactive Software were worth $650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in Take-Two Interactive Software by 33.5% in the first quarter. GAMMA Investing LLC now owns 3,345 shares of the company’s stock worth $693,000 after buying an additional 839 shares in the last quarter. Spire Wealth Management grew its stake in shares of Take-Two Interactive Software by 64.8% during the first quarter. Spire Wealth Management now owns 272 shares of the company’s stock valued at $56,000 after buying an additional 107 shares during the last quarter. Perigon Wealth Management LLC increased its holdings in shares of Take-Two Interactive Software by 15.1% in the first quarter. Perigon Wealth Management LLC now owns 1,256 shares of the company’s stock worth $260,000 after buying an additional 165 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of Take-Two Interactive Software by 7.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,630 shares of the company’s stock valued at $752,000 after acquiring an additional 254 shares during the last quarter. Finally, Jag Capital Management LLC boosted its holdings in Take-Two Interactive Software by 27.9% during the 1st quarter. Jag Capital Management LLC now owns 103,150 shares of the company’s stock valued at $21,378,000 after acquiring an additional 22,521 shares during the period. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Up 0.2%

Shares of NASDAQ TTWO opened at $255.12 on Friday. The firm has a fifty day simple moving average of $247.75 and a two-hundred day simple moving average of $235.39. Take-Two Interactive Software, Inc. has a 12 month low of $158.65 and a 12 month high of $264.79. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $47.06 billion, a PE ratio of -10.66, a price-to-earnings-growth ratio of 5.41 and a beta of 1.01.

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 the consensus estimate of $0.28 by $0.33. The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. Take-Two Interactive Software’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the company earned ($1.52) earnings per share. 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 analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current year.

Insider Activity at Take-Two Interactive Software

In related news, Director Jon J. Moses sold 1,000 shares of the company’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $239.57, for a total value of $239,570.00. Following the sale, the director directly owned 21,901 shares of the company’s stock, valued at $5,246,822.57. This represents a 4.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ellen F. Siminoff sold 411 shares of the firm’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $259.42, for a total value of $106,621.62. Following the transaction, the director directly owned 2,860 shares of the company’s stock, valued at $741,941.20. This represents a 12.56% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 141,822 shares of company stock valued at $32,540,844 over the last ninety days. Insiders own 1.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Benchmark increased their price objective on Take-Two Interactive Software from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, October 16th. UBS Group lifted their target price on shares of Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Bank of America increased their price target on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Raymond James Financial raised their price target on shares of Take-Two Interactive Software from $250.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Finally, Zacks Research raised shares of Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 13th. Twenty investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.14.

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.