Comerica Bank Cuts Position in Take-Two Interactive Software, Inc. $TTWO

Comerica Bank reduced its stake in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 4.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,157 shares of the company’s stock after selling 1,500 shares during the period. Comerica Bank’s holdings in Take-Two Interactive Software were worth $6,872,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Park Square Financial Group LLC purchased a new position in Take-Two Interactive Software in the fourth quarter valued at $28,000. North Capital Inc. purchased a new stake in Take-Two Interactive Software in the 1st quarter worth approximately $35,000. Graybill Wealth Management LTD. purchased a new stake in shares of Take-Two Interactive Software during the 1st quarter valued at $37,000. Zions Bancorporation National Association UT acquired a new position in Take-Two Interactive Software in the 1st quarter worth $37,000. Finally, Cullen Frost Bankers Inc. raised its stake in shares of Take-Two Interactive Software by 46.0% in the 1st quarter. Cullen Frost Bankers Inc. now owns 181 shares of the company’s stock valued at $38,000 after purchasing an additional 57 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on TTWO. UBS Group upped 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 report on Friday, August 8th. Zacks Research upgraded shares of Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 13th. Robert W. Baird raised their price objective on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an “outperform” rating in a report on Friday, May 16th. Morgan Stanley boosted their target price on shares of Take-Two Interactive Software from $210.00 to $265.00 and gave the stock an “overweight” rating in a research note on Monday, May 19th. Finally, Bank of America lifted their price target on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Nineteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $245.60.

Insider Activity at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 22,479 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the completion of the transaction, the insider owned 129,792 shares of the company’s stock, valued at approximately $29,523,786.24. The trade was a 14.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jon J. Moses sold 1,000 shares of the business’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 of the company’s stock, valued at $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 ninety days, insiders sold 535,789 shares of company stock worth $121,089,348. 1.34% of the stock is owned by company insiders.

Take-Two Interactive Software Stock Up 0.5%

Shares of NASDAQ TTWO opened at $232.03 on Thursday. The firm has a market cap of $42.80 billion, a PE ratio of -9.69, a price-to-earnings-growth ratio of 5.81 and a beta of 0.99. The company has a 50 day simple moving average of $232.85 and a 200 day simple moving average of $222.87. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. Take-Two Interactive Software, Inc. has a 1 year low of $146.76 and a 1 year high of $245.07.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.28 by $0.33. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The company had revenue of $1,503,800 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter last year, the firm posted ($1.52) EPS. The company’s quarterly revenue was up 16.4% on a year-over-year basis. 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, research analysts forecast that Take-Two Interactive Software, Inc. will post 0.97 EPS 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.