Key Points
- Strauss Zelnick sold 52,054 shares of Take‑Two on March 2 at an average price of $214.40 for about $11.16 million and also sold 7,946 shares on March 3, reducing his ownership by 22.56% to 178,702 shares.
- Despite the insider sales, analysts remain broadly bullish—multiple firms have raised ratings and targets (Morgan Stanley to $280, Raymond James to $285, B. Riley to $300) and the consensus price target is about $284.44 as Take‑Two raised guidance ahead of the anticipated GTA VI release.
- Context: TTWO has a market cap near $39.96 billion with a 52‑week range of $188.56–$264.79, institutional investors own about 95.46% of the stock, and unusual put buying (~21% above normal) suggests increased hedging or bearish positioning by options traders.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) CEO Strauss Zelnick sold 7,946 shares of the company's stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $214.16, for a total transaction of $1,701,715.36. Following the completion of the sale, the chief executive officer directly owned 170,756 shares of the company's stock, valued at $36,569,104.96. The trade was a 4.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Strauss Zelnick also recently made the following trade(s):
- On Monday, March 2nd, Strauss Zelnick sold 52,054 shares of Take-Two Interactive Software stock. The stock was sold at an average price of $214.40, for a total transaction of $11,160,377.60.
Take-Two Interactive Software Stock Performance
TTWO stock opened at $215.77 on Thursday. The business's 50-day moving average price is $227.52 and its two-hundred day moving average price is $239.85. Take-Two Interactive Software, Inc. has a 1-year low of $188.56 and a 1-year high of $264.79. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71. The firm has a market cap of $39.96 billion, a PE ratio of -9.64, a P/E/G ratio of 8.89 and a beta of 0.94.
Trending Headlines about Take-Two Interactive Software
Here are the key news stories impacting Take-Two Interactive Software this week:
- Positive Sentiment: Company guidance was raised as the market focuses on the upcoming "GTA VI" release, reinforcing revenue upside expectations tied to that launch. Take-Two Raises Guidance Article
- Positive Sentiment: Multiple investment pieces highlight Take‑Two as a momentum/growth story with GTA VI potentially driving significant upside for earnings and engagement. Fool: Can TTWO Beat the Market? Zacks: Strong Momentum Stock
- Neutral Sentiment: Wells Fargo trimmed its price target slightly from $301 to $295 but maintained an "overweight" rating, signaling continued analyst bullishness even as estimates are adjusted. Benzinga: Wells Fargo PT Change
- Neutral Sentiment: A Benzinga roundup of eight analyst reviews consolidates mixed analyst views—useful context but not a single market-moving verdict. Benzinga: Analyst Reviews
- Negative Sentiment: CEO Strauss Zelnick executed sizable open‑market sales across March 2–3 (totaling tens of thousands of shares), reducing his stake materially — an insider sell can be read as a near‑term negative signal by some investors. Filing: SEC Form 4
- Negative Sentiment: Unusually heavy put buying was observed (about 9,524 puts, ~21% above typical daily volume), indicating increased hedging or bearish positioning by options traders. Unusual options activity
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the company. Morgan Stanley lifted their target price on Take-Two Interactive Software from $275.00 to $280.00 and gave the company an "overweight" rating in a research report on Tuesday, January 13th. B. Riley Financial assumed coverage on shares of Take-Two Interactive Software in a report on Wednesday, December 10th. They set a "buy" rating and a $300.00 target price on the stock. Zacks Research cut Take-Two Interactive Software from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 12th. DA Davidson restated a "buy" rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research report on Wednesday, February 4th. Finally, UBS Group upped their price objective on Take-Two Interactive Software from $292.00 to $300.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and a consensus price target of $284.44.
Read Our Latest Report on TTWO
Institutional Investors Weigh In On Take-Two Interactive Software
Large investors have recently modified their holdings of the business. Compass Wealth Management LLC purchased a new stake in shares of Take-Two Interactive Software during the 3rd quarter valued at $3,419,000. AGF Management Ltd. boosted its holdings in shares of Take-Two Interactive Software by 33.1% in the 3rd quarter. AGF Management Ltd. now owns 72,828 shares of the company's stock worth $18,816,000 after buying an additional 18,119 shares during the last quarter. M&G PLC bought a new position in Take-Two Interactive Software during the third quarter valued at about $12,465,000. Bank of New York Mellon Corp increased its holdings in Take-Two Interactive Software by 1.9% during the third quarter. Bank of New York Mellon Corp now owns 1,024,509 shares of the company's stock worth $264,692,000 after buying an additional 18,959 shares during the last quarter. Finally, Rakuten Investment Management Inc. bought a new stake in Take-Two Interactive Software in the third quarter worth about $10,948,000. Institutional investors and hedge funds own 95.46% of the company's stock.
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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