Park National cuts Take-Two stake: what it means for Take-Two Interactive stock

Published on 10/07/2026 at 06:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter revenue hit USD 1.53 billion versus USD 1.36 billion expected. The target for Take-Two Interactive stock is USD 298.89.

Makrofoto eines Gaming-Controllers mit Analogstick und Tasten in Nahaufnahme — Makroaufnahme eines Controller-Analogsticks veranschaulicht Take-Two Interactive US8740541094 mit Fokus auf Materialstruktur und Oberflächendetails, Illustration mit AI erstellt.

Park National reduced its Take-Two Interactive Software stake by 6.40 percent in the third quarter, selling 5,599 shares, according to MarketBeat on October 5, 2026. The filing leaves the fund with 81,236 shares valued at USD 16.86 million.

Ownership meets a high-stakes launch

Institutional investors and hedge funds own 95.46 percent of Take-Two, while Park National's sale represents a small change within that larger ownership base. The company remains tied to the November 19, 2026 launch of Grand Theft Auto VI, a date repeated in its first-quarter fiscal 2027 results, according to Admirals on September 23, 2026.

That launch matters because Take-Two's fiscal 2027 outlook calls for net bookings of USD 8.00 billion to USD 8.20 billion and GAAP net revenue of USD 7.90 billion to USD 8.10 billion. The guidance places a large share of the year's execution burden in the period surrounding the new Rockstar Games title.

Revenue beat, earnings pressure

In the first quarter of fiscal 2027, Take-Two reported revenue of USD 1.53 billion against analyst expectations of USD 1.36 billion, according to MarketBeat. The same quarter produced a GAAP net loss of USD 34.10 million, or USD 0.18 per diluted share, compared with an expected loss of USD 0.33 per share.

The contrast is important for investors: sales exceeded expectations, but profitability remained negative before the GTA VI launch. Take-Two's first-quarter net bookings were USD 1.39 billion, down 3.00 percent from USD 1.42 billion a year earlier, according to Admirals.

Targets stay above the market

MarketBeat reports a consensus rating of Moderate Buy and an average target of USD 298.89. The target is materially above the Nasdaq context price of USD 202.53 at 4:00 p.m. ET on October 6, 2026, while Take-Two's Nasdaq 52-week range stood at USD 187.63 to USD 265.94.

The next scheduled report is November 5, 2026, according to Admirals. That update should give the market a fresh comparison between the fiscal 2027 outlook and the launch preparations for Grand Theft Auto VI.

Prior close sets the euro reference

Take-Two Interactive stock had a prior close of EUR 179.85 at Lang & Schwarz on October 5, 2026. The Nasdaq context quote was last at USD 202.53 on October 6, 2026, a separate market reference in the company's original trading currency.

The further course of trading is shown by the continuously updated real-time quote of Take-Two Interactive stock.