Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) Director Michael Sheresky sold 127 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $245.01, for a total transaction of $31,116.27. Following the transaction, the director owned 65,368 shares of the company's stock, valued at approximately $16,015,813.68. The trade was a 0.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Take-Two Interactive Software Stock Performance
NASDAQ TTWO opened at $242.40 on Wednesday. The company has a market capitalization of $45.32 billion, a PE ratio of -140.11, a price-to-earnings-growth ratio of 1.70 and a beta of 0.97. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. Take-Two Interactive Software, Inc. has a 52-week low of $187.63 and a 52-week high of $265.94. The company has a 50-day simple moving average of $240.32 and a 200 day simple moving average of $221.50.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share 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 during the quarter, compared to analysts' expectations of $1.36 billion. During the same quarter in the previous year, the firm earned ($0.07) earnings per share. The firm'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, research analysts predict that Take-Two Interactive Software, Inc. will post 5.3 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Take-Two Interactive Software during the 2nd quarter valued at $4,560,679,000. Norges Bank bought a new position in Take-Two Interactive Software in the 4th quarter worth about $735,389,000. Bank of America Corp DE purchased a new position in Take-Two Interactive Software during the 2nd quarter valued at about $599,405,000. Legal & General Group Plc purchased a new position in Take-Two Interactive Software during the 2nd quarter valued at about $277,219,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Take-Two Interactive Software during the second quarter valued at about $234,774,000. 95.46% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts have weighed in on TTWO shares. DA Davidson reissued a "buy" rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, August 10th. BMO Capital Markets restated an "outperform" rating on shares of Take-Two Interactive Software in a research note on Tuesday, July 28th. Oppenheimer upped their price target on Take-Two Interactive Software from $265.00 to $280.00 and gave the company an "outperform" rating in a research report on Monday, August 10th. Robert W. Baird increased their price target on Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an "outperform" rating in a research note on Monday, August 10th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $296.95.
Read Our Latest Stock Report 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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