Take-Two Interactive Software, Inc. $TTWO Stock Position Trimmed by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ trimmed its position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 30.0% in the second quarter, HoldingsChannel reports. The firm owned 36,600 shares of the company’s stock after selling 15,710 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Take-Two Interactive Software were worth $8,889,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Activity at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 414 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $246.25, for a total value of $101,947.50. Following the transaction, the director owned 3,003 shares in the company, valued at $739,488.75. This represents a 12.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jon J. Moses sold 1,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $239.57, for a total transaction of $239,570.00. Following the completion of the sale, the director directly owned 21,901 shares of the company’s stock, valued at $5,246,822.57. This trade represents a 4.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 2,421 shares of company stock valued at $588,612. Company insiders own 1.34% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on TTWO shares. BMO Capital Markets lifted their target price on Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. DA Davidson raised their price objective on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Wells Fargo & Company boosted their target price on shares of Take-Two Interactive Software from $270.00 to $277.00 and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Wall Street Zen cut shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. Finally, Benchmark lifted their price target on shares of Take-Two Interactive Software from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Take-Two Interactive Software has an average rating of “Moderate Buy” and an average target price of $264.45.

Take-Two Interactive Software Trading Up 1.0%

Take-Two Interactive Software stock opened at $246.17 on Friday. Take-Two Interactive Software, Inc. has a 52 week low of $177.35 and a 52 week high of $264.79. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 1.16. The firm has a market capitalization of $45.49 billion, a price-to-earnings ratio of -10.28, a P/E/G ratio of 5.10 and a beta of 1.00. The company has a 50 day moving average price of $250.10 and a 200 day moving average price of $239.79.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Thursday, November 6th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.13. The company had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.71 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The company’s revenue was up 33.3% on a year-over-year basis. During the same period in the previous year, the business earned ($2.08) EPS. Take-Two Interactive Software has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. 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.