Key Points
- Insider sale: Take-Two insider Daniel Emerson sold 1,698 shares on Feb. 26 at an average price of $213.62 for $362,726.76, trimming his holding to 125,001 shares (a 1.34% decrease); the trade was reported on an SEC Form 4.
- TTWO is trading around $213.88, below its 50‑day ($228.88) and 200‑day ($240.13) moving averages, with a one‑year range of $188.56–$264.79 and a market cap near $39.6 billion.
- Analyst and institutional backdrop: Analysts show a mostly positive view (average rating "Moderate Buy" and average price target $284.81) with several recent target upgrades, while institutional investors own roughly 95.46% of the stock.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) insider Daniel Emerson sold 810 shares of the firm's stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $213.47, for a total value of $172,910.70. Following the completion of the sale, the insider directly owned 124,191 shares of the company's stock, valued at $26,511,052.77. This represents a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Take-Two Interactive Software Stock Up 1.1%
Shares of NASDAQ TTWO opened at $213.88 on Tuesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $39.61 billion, a PE ratio of -9.56, a P/E/G ratio of 8.66 and a beta of 0.94. Take-Two Interactive Software, Inc. has a one year low of $188.56 and a one year high of $264.79. The business's fifty day moving average price is $228.88 and its 200-day moving average price is $240.13.
Hedge Funds Weigh In On Take-Two Interactive Software
A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in shares of Take-Two Interactive Software by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 21,868,194 shares of the company's stock worth $5,598,914,000 after purchasing an additional 166,661 shares in the last quarter. State Street Corp lifted its position in Take-Two Interactive Software by 3.5% during the fourth quarter. State Street Corp now owns 11,402,978 shares of the company's stock valued at $2,919,362,000 after purchasing an additional 390,331 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in Take-Two Interactive Software by 3.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 5,525,176 shares of the company's stock worth $1,341,789,000 after buying an additional 166,867 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Take-Two Interactive Software by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 4,869,112 shares of the company's stock worth $1,242,204,000 after buying an additional 60,893 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of Take-Two Interactive Software by 17.3% during the 2nd quarter. Invesco Ltd. now owns 3,490,676 shares of the company's stock valued at $847,711,000 after buying an additional 515,484 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages have weighed in on TTWO. Wedbush reiterated an "outperform" rating and set a $300.00 target price on shares of Take-Two Interactive Software in a research report on Thursday, January 29th. Jefferies Financial Group upped their price target on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a "buy" rating in a research note on Monday, November 3rd. Benchmark reiterated a "buy" rating on shares of Take-Two Interactive Software in a research note on Monday, February 2nd. UBS Group boosted their target price on shares of Take-Two Interactive Software from $292.00 to $300.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. Finally, TD Cowen restated a "buy" rating on shares of Take-Two Interactive Software in a research report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $284.81.
Check Out Our Latest Stock Report on Take-Two Interactive Software
Take-Two Interactive Software Company Profile
(
Get Free Report)
Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.
Take-Two's publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.
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