Stanley Laman Group Ltd. reduced its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 8.4% in the 2nd quarter, Holdings Channel reports. The firm owned 21,844 shares of the company’s stock after selling 1,998 shares during the quarter. Stanley Laman Group Ltd.’s holdings in Take-Two Interactive Software were worth $5,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently bought and sold shares of the business. ORG Partners LLC lifted its holdings in shares of Take-Two Interactive Software by 115.7% during the 2nd quarter. ORG Partners LLC now owns 110 shares of the company’s stock worth $26,000 after acquiring an additional 59 shares during the period. Blue Trust Inc. increased its stake in Take-Two Interactive Software by 101.9% in the second quarter. Blue Trust Inc. now owns 105 shares of the company’s stock valued at $26,000 after acquiring an additional 53 shares during the period. 1 North Wealth Services LLC acquired a new position in Take-Two Interactive Software in the first quarter worth about $29,000. Game Plan Financial Advisors LLC bought a new position in Take-Two Interactive Software during the first quarter worth about $31,000. Finally, North Capital Inc. acquired a new stake in Take-Two Interactive Software during the first quarter valued at approximately $35,000. Institutional investors and hedge funds own 95.46% of the company’s stock.
Insider Transactions at Take-Two Interactive Software
In other news, insider Daniel P. Emerson sold 22,479 shares of the company’s stock in a transaction on 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 transaction, the insider owned 129,792 shares of the company’s stock, valued at $29,523,786.24. This represents a 14.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Strauss Zelnick sold 45,000 shares of Take-Two Interactive Software stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $231.20, for a total value of $10,404,000.00. Following the completion of the sale, the chief executive officer owned 281,495 shares of the company’s stock, valued at approximately $65,081,644. The trade was a 13.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 141,822 shares of company stock worth $32,540,844. Corporate insiders own 1.34% of the company’s stock.
Take-Two Interactive Software Stock Performance
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates 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 $1.50 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the firm posted ($1.52) earnings per share. The company’s 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 anticipate that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on TTWO. Bank of America increased their target price on Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, August 8th. JPMorgan Chase & Co. increased their price objective on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Raymond James Financial lifted their price objective on Take-Two Interactive Software from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Zacks Research raised shares of Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 13th. Finally, Citigroup increased their target price on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. Nineteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $252.85.
Get Our Latest Stock Report on TTWO
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.
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