Key Points
- Take-Two insider Daniel Emerson sold 744 shares for approximately $161,470 under a pre-arranged Rule 10b5-1 plan, reportedly to cover tax withholding on vested equity awards. He retained 112,327 shares after the transaction.
- Take-Two reported quarterly revenue of $1.53 billion, exceeding estimates, but posted an adjusted loss of $0.18 per share versus expectations for $0.33 in earnings; revenue declined 2.1% year over year.
- Analysts remain broadly positive, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $296.95. Institutional investors own approximately 95.46% of the company.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) insider Daniel Emerson sold 744 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $217.03, for a total value of $161,470.32. Following the sale, the insider directly owned 112,327 shares of the company's stock, valued at $24,378,328.81. The trade was a 0.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Take-Two Interactive Software Stock Up 0.3%
TTWO stock opened at $214.69 on Friday. The stock's fifty day simple moving average is $240.00 and its two-hundred day simple moving average is $223.31. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52. Take-Two Interactive Software, Inc. has a 1-year low of $187.63 and a 1-year high of $265.94. The stock has a market cap of $40.14 billion, a P/E ratio of -124.10, a P/E/G ratio of 1.42 and a beta of 0.97.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the company earned ($0.07) EPS. The firm's revenue for the quarter 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. Analysts expect that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current year.
Institutional Investors Weigh In On Take-Two Interactive Software
Institutional investors and hedge funds have recently bought and sold shares of the stock. MCF Advisors LLC purchased a new position in Take-Two Interactive Software in the 4th quarter worth approximately $25,000. Mosley Wealth Management raised its position in shares of Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company's stock valued at $27,000 after buying an additional 80 shares in the last quarter. Washington Trust Advisors Inc. lifted its holdings in shares of Take-Two Interactive Software by 116.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 119 shares of the company's stock worth $30,000 after acquiring an additional 64 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Take-Two Interactive Software during the 2nd quarter worth $32,000. Finally, Essential Partners LLC grew its position in Take-Two Interactive Software by 333.3% in the first quarter. Essential Partners LLC now owns 169 shares of the company's stock worth $33,000 after acquiring an additional 130 shares in the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research firms recently issued reports on TTWO. Roth Capital raised their price objective on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a "buy" rating in a report on Monday, August 10th. Zacks Research cut shares of Take-Two Interactive Software from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 25th. Oppenheimer increased their target price on shares of 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. BTIG Research raised their target price on Take-Two Interactive Software from $293.00 to $313.00 and gave the stock a "buy" rating in a research report on Monday, August 10th. Finally, Robert W. Baird lifted their target price on shares of 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. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and an average target price of $296.95.
View Our Latest 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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