AE Wealth Management LLC Trims Stock Position in Take-Two Interactive Software, Inc. $TTWO

AE Wealth Management LLC lowered its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 37.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,593 shares of the company’s stock after selling 3,412 shares during the quarter. AE Wealth Management LLC’s holdings in Take-Two Interactive Software were worth $1,358,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Take-Two Interactive Software by 21.4% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 297,783 shares of the company’s stock worth $72,317,000 after buying an additional 52,524 shares during the last quarter. Ninety One UK Ltd grew its position in Take-Two Interactive Software by 22.8% during the 2nd quarter. Ninety One UK Ltd now owns 1,801,582 shares of the company’s stock worth $437,514,000 after purchasing an additional 334,946 shares during the period. Perigon Wealth Management LLC boosted its holdings in Take-Two Interactive Software by 79.2% during the second quarter. Perigon Wealth Management LLC now owns 2,251 shares of the company’s stock worth $547,000 after buying an additional 995 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Take-Two Interactive Software by 14.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 23,829 shares of the company’s stock valued at $4,939,000 after purchasing an additional 2,946 shares in the last quarter. Finally, Swedbank AB raised its stake in shares of Take-Two Interactive Software by 9.8% during the 1st quarter. Swedbank AB now owns 115,042 shares of the company’s stock worth $23,842,000 after buying an additional 10,305 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Zacks Research raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. CICC Research assumed coverage on shares of Take-Two Interactive Software in a report on Tuesday, September 30th. They issued an “outperform” rating and a $272.00 target price for the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Take-Two Interactive Software in a research note on Wednesday, October 8th. 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. Finally, Wall Street Zen downgraded Take-Two Interactive Software from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.45.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Laverne Evans Srinivasan sold 2,325 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total transaction of $528,867.75. Following the sale, the director directly owned 9,063 shares in the company, valued at approximately $2,061,560.61. The trade was a 20.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ellen F. Siminoff sold 411 shares of Take-Two Interactive Software stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $259.42, for a total transaction of $106,621.62. Following the sale, the director owned 2,860 shares of the company’s stock, valued at approximately $741,941.20. The trade was a 12.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 141,822 shares of company stock valued at $32,540,844 in the last quarter. Corporate insiders own 1.34% of the company’s stock.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $240.34 on Thursday. The business’s 50-day moving average price is $251.88 and its 200 day moving average price is $238.82. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The firm has a market cap of $44.34 billion, a P/E ratio of -10.04, a P/E/G ratio of 5.10 and a beta of 1.00. Take-Two Interactive Software, Inc. has a 52-week low of $176.68 and a 52-week high of $264.79.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Thursday, November 6th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13. The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The firm’s revenue for the quarter was up 33.3% on a year-over-year basis. During the same period last year, the firm earned ($2.08) EPS. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities research analysts expect that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current 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.