Key Points
- CEO Strauss Zelnick sold 40,000 Take-Two shares at an average price of $252.64, generating approximately $10.1 million. He also made two larger sales earlier in the year.
- Take-Two reported quarterly revenue of $1.53 billion, ahead of expectations, but its EPS loss of $0.18 missed consensus estimates; revenue declined 2.1% year over year and fiscal 2027 net-bookings guidance was unchanged.
- Analysts remain broadly bullish, citing the potential of GTA VI and recurring revenue. The stock has a consensus “Buy” rating and an average price target of $296.95, compared with an opening price of $250.50.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) CEO Strauss Zelnick sold 40,000 shares of the business's stock in a transaction on Monday, August 10th. The stock was sold at an average price of $252.64, for a total value of $10,105,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Strauss Zelnick also recently made the following trade(s):
- On Monday, June 1st, Strauss Zelnick sold 208,969 shares of Take-Two Interactive Software stock. The shares were sold at an average price of $227.34, for a total value of $47,507,012.46.
- On Tuesday, May 26th, Strauss Zelnick sold 70,000 shares of Take-Two Interactive Software stock. The stock was sold at an average price of $222.20, for a total value of $15,554,000.00.
Take-Two Interactive Software Price Performance
Shares of NASDAQ:TTWO opened at $250.50 on Wednesday. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $265.94. The business has a 50-day simple moving average of $237.43 and a two-hundred day simple moving average of $221.54. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.24 and a current ratio of 1.06. The firm has a market cap of $46.84 billion, a price-to-earnings ratio of -144.80, a price-to-earnings-growth ratio of 4.71 and a beta of 0.97.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The company had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.36 billion. During the same period in the previous year, the business earned ($0.07) EPS. The business's revenue was down 2.1% compared to the same quarter last year. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. On average, analysts expect that Take-Two Interactive Software, Inc. will post 5.38 earnings per share for the current year.
Institutional Investors Weigh In On Take-Two Interactive Software
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Take-Two Interactive Software during the second quarter valued at about $4,560,679,000. Norges Bank purchased a new stake in Take-Two Interactive Software during the fourth quarter valued at $735,389,000. Bank of New York Mellon Corp bought a new position in Take-Two Interactive Software during the second quarter valued at $234,774,000. Deutsche Bank AG purchased a new position in shares of Take-Two Interactive Software in the 2nd quarter worth $205,858,000. Finally, AQR Capital Management LLC increased its holdings in shares of Take-Two Interactive Software by 162.1% in the 4th quarter. AQR Capital Management LLC now owns 1,138,738 shares of the company's stock worth $291,551,000 after buying an additional 704,316 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.
Take-Two Interactive Software News Summary
Here are the key news stories impacting Take-Two Interactive Software this week:
- Positive Sentiment: Analysts remain bullish on Take-Two’s growth outlook. JPMorgan initiated coverage with an “overweight” rating and a $310 price target, while Wedbush, DA Davidson and Roth Capital maintained bullish ratings and targets of approximately $300. These firms cited the potential scale of GTA VI and the company’s expanding recurring-revenue base. JPMorgan coverage article
- Positive Sentiment: Fiscal first-quarter operating performance benefited from strength in NBA 2K and Grand Theft Auto, with console revenue increasing 16.3% and net bookings exceeding expectations. Record GTA VI preorders are supporting optimism ahead of the planned November 19 launch. Take-Two Q1 earnings article
- Positive Sentiment: Wedbush said the potential benefit from GTA VI preorders and recurring revenue may not be fully reflected in the stock’s valuation, reiterating an “outperform” rating and a $300 target. Wedbush GTA VI analysis
- Neutral Sentiment: Reported short-interest data showed zero shares and a zero-day short-interest ratio, an internally inconsistent result that likely limits its usefulness as a trading signal.
- Negative Sentiment: Despite strong bookings and revenue, Take-Two’s reported quarterly EPS missed consensus estimates, and fiscal 2027 net-bookings guidance remained unchanged at $8.0 billion to $8.2 billion. Investors may be reassessing whether the anticipated GTA VI upside is already reflected in the valuation. Take-Two results and guidance article
- Negative Sentiment: CEO Strauss Zelnick sold 40,000 shares for approximately $10.1 million. Although the transaction may be routine, insider selling can weigh modestly on sentiment.
Analysts Set New Price Targets
A number of equities research analysts have commented on TTWO shares. UBS Group reaffirmed a "buy" rating on shares of Take-Two Interactive Software in a research report on Monday. Raymond James Financial set a $300.00 price target on Take-Two Interactive Software in a research note on Thursday, August 6th. Piper Sandler reissued an "overweight" rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. Oppenheimer raised their target price on Take-Two Interactive Software from $265.00 to $280.00 and gave the stock an "outperform" rating in a research report on Monday. Finally, Benchmark restated a "buy" rating on shares of Take-Two Interactive Software in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $296.95.
Get Our Latest Stock Analysis on TTWO
About Take-Two Interactive Software
(
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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