Ninety One UK 13F: Cuts TTWO Stake by $190M

Ninety One UK has trimmed its position in Take-Two Interactive Software, Inc. (NasdaqGS: TTWO), reducing its holdings by 39.9%. The fund sold 769,716 shares, leaving it with 1,157,028 shares valued at approximately $276.9 million. This change was detailed in the fund's latest 13F filing with the SEC, reflecting its holdings as of the end of the reporting period.

What Changed in Ninety One UK's Take-Two Interactive Position

Ninety One UK significantly reduced its stake in Take-Two Interactive Software, cutting 769,716 shares from its portfolio. The fund now holds 1,157,028 shares, a decrease from the previous count of 1,926,744 shares. This reduction represents a nearly 40% drop in its holdings, valued at around $276.9 million.

Other Institutional Activity in Take-Two Interactive

In other institutional moves, BlackRock, Inc. increased its holdings in Take-Two Interactive by 293,237 shares, bringing its total to 19,214,813 shares worth about $3.79 billion. State Street Corp added 617,645 shares, ending with 12,020,623 shares valued at approximately $2.37 billion. Meanwhile, Saudi Electronic Games Holding Co maintained its position with 11,414,680 shares valued at $2.25 billion. Vanguard Capital Management LLC initiated a new position with 11,380,147 shares valued at about $2.25 billion. Conversely, JPMorgan Chase & Co reduced its stake by 104,624 shares, holding 9,937,591 shares valued at roughly $1.92 billion.

Take-Two Interactive Software, Inc. Stock Up 22.8%

Shares of Take-Two Interactive (NasdaqGS: TTWO) are trading near $239.28. The company boasts a market cap of $44.4 billion and a forward P/E ratio of 23.72. It has a beta of 0.982, indicating relatively low volatility compared to the market. The stock's 52-week range spans from $187.63 to $264.79, with a 50-day moving average of $219.86 and a 200-day moving average of $230.88.

Recent Earnings

Take-Two Interactive reported revenue of $6.66 billion, reflecting a growth of 6.1%. However, the company posted a net margin of -4.48% and a return on equity of -10.56%, indicating financial challenges. The next earnings report is expected on August 10, 2026.

Insider Buying and Selling at Take-Two Interactive Software, Inc.

Recent insider activity at Take-Two Interactive includes several planned sales by Chief Legal Officer Daniel Emerson. On June 16, 2026, Emerson sold 4,419 shares at an average price of $230.00. Earlier, on June 15, he sold 4,421 shares at $215.00, and on June 8, he sold 8,840 shares at $214.00, all under planned Rule 10b5-1 trading plans. Other insiders, such as Jon Moses and Michael Dornemann, also executed sales in June.

Analysts Set New Price Targets

Analysts remain optimistic about Take-Two Interactive. On June 15, 2026, DA Davidson maintained a 'buy' rating with a target price of $300. Piper Sandler initiated coverage with a 'buy' rating and a $280 target on June 2. Wells Fargo also maintained its 'buy' rating, setting a target of $287 on May 22. Overall, the consensus among 29 analysts is a 'strong buy', with a mean target price of $279.11.

About Take-Two Interactive

Take-Two Interactive Software, Inc., based in New York, develops, publishes, and markets interactive entertainment products worldwide. Known for popular franchises like Grand Theft Auto and NBA 2K, the company operates in the electronic gaming and multimedia industry. Led by CEO Strauss Zelnick, Take-Two employs over 12,900 people and offers its products through various digital and physical platforms.

Bottom Line

Ninety One UK's significant reduction in Take-Two Interactive shares highlights shifting strategies among institutional investors. While the company's stock remains volatile, analysts continue to see potential for growth. As with all 13F filings, these figures are historical and may not reflect current positions, but they provide insight into institutional sentiment.