Key Points
- Director Ellen Siminoff sold 334 Take-Two shares for $73,323 at an average price of $219.53, reducing her direct ownership by 18.22%. The transaction was made under a pre-arranged Rule 10b5-1 trading plan.
- TTWO opened at $211.81, below its 50-day and 200-day moving averages. The company’s latest quarter included an adjusted EPS loss of $0.18, missing estimates, although revenue of $1.53 billion exceeded expectations.
- Analysts remain broadly optimistic, with the stock holding 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) Director Ellen Siminoff sold 334 shares of Take-Two Interactive Software stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $219.53, for a total value of $73,323.02. Following the completion of the sale, the director directly owned 1,499 shares of the company's stock, valued at $329,075.47. The trade was a 18.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Take-Two Interactive Software Stock Down 0.0%
TTWO stock opened at $211.81 on Thursday. 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's 50-day moving average is $233.86 and its two-hundred day moving average is $224.25. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market cap of $39.60 billion, a price-to-earnings ratio of -122.43, a P/E/G ratio of 1.48 and a beta of 0.97.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released 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 firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the firm earned ($0.07) earnings per share. The company'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. As a group, analysts forecast that Take-Two Interactive Software, Inc. will post 5.25 earnings per share for the current year.
Analysts Set New Price Targets
A number of brokerages have commented on TTWO. BTIG Research upped their target price on shares of Take-Two Interactive Software from $293.00 to $313.00 and gave the company a "buy" rating in a report on Monday, August 10th. Robert W. Baird lifted their price target 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. BMO Capital Markets reissued an "outperform" rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. Wedbush restated an "outperform" rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $296.95.
Check Out Our Latest Stock Analysis on TTWO
Hedge Funds Weigh In On Take-Two Interactive Software
Several hedge funds have recently modified their holdings of the stock. Mayflower Financial Advisors LLC lifted its holdings in shares of Take-Two Interactive Software by 3.6% during the 1st quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company's stock worth $269,000 after acquiring an additional 48 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. grew its holdings in Take-Two Interactive Software by 5.7% in the first quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company's stock valued at $190,000 after purchasing an additional 52 shares during the period. Huntington National Bank increased its position in Take-Two Interactive Software by 4.5% during the fourth quarter. Huntington National Bank now owns 1,335 shares of the company's stock worth $342,000 after purchasing an additional 57 shares during the last quarter. Beacon Financial Advisory LLC increased its position in Take-Two Interactive Software by 3.7% during the second quarter. Beacon Financial Advisory LLC now owns 1,697 shares of the company's stock worth $424,000 after purchasing an additional 60 shares during the last quarter. Finally, Trust Asset Management LLC raised its stake in Take-Two Interactive Software by 3.5% during the second quarter. Trust Asset Management LLC now owns 1,881 shares of the company's stock worth $470,000 after purchasing an additional 63 shares during the period. Hedge funds and other institutional investors own 95.46% of the company's stock.
Take-Two Interactive Software Company Profile
(
Get Free Report)
Take-Two Interactive Software, Inc is a global developer, publisher and marketer of interactive entertainment. The company creates and distributes games for consoles, personal computers and mobile devices, as well as related downloadable content, subscriptions and in-game services.
Take-Two operates through well-known labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and XCOM franchises, along with mobile and social games such as Zynga's casual and social entertainment offerings.
Founded in 1993 and headquartered in New York City, Take-Two serves customers worldwide through both physical retail channels and digital distribution platforms.
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