Key Points
- Take-Two director William Gordon sold 10,000 shares for approximately $2.02 million, reducing his direct ownership by 17.49%. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
- Take-Two’s stock opened at $203.62, below its 50-day and 200-day moving averages, while the company recently missed quarterly EPS estimates despite reporting revenue above expectations.
- Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $298.89, supported by optimism around Grand Theft Auto VI and the company’s future bookings outlook.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) Director William Gordon sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $202.39, for a total value of $2,023,900.00. Following the completion of the sale, the director directly owned 47,187 shares in the company, valued at approximately $9,550,176.93. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Take-Two Interactive Software Stock Down 1.9%
Take-Two Interactive Software stock opened at $203.62 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market capitalization of $38.07 billion, a PE ratio of -117.70, a price-to-earnings-growth ratio of 1.44 and a beta of 0.97. The business has a 50 day simple moving average of $226.45 and a 200-day simple moving average of $223.71. Take-Two Interactive Software, Inc. has a 12 month low of $187.63 and a 12 month high of $265.94.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its 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). The business had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The company's quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter last year, the business earned ($0.07) EPS. 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 anticipate that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current fiscal year.
Hedge Funds Weigh In On Take-Two Interactive Software
Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in Take-Two Interactive Software in the 2nd quarter worth approximately $4,560,679,000. Amundi grew its position in shares of Take-Two Interactive Software by 38.1% in the first quarter. Amundi now owns 2,493,985 shares of the company's stock valued at $492,562,000 after purchasing an additional 688,133 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Take-Two Interactive Software in the second quarter valued at approximately $599,405,000. Royal Bank of Canada increased its holdings in shares of Take-Two Interactive Software by 12.2% in the first quarter. Royal Bank of Canada now owns 1,524,234 shares of the company's stock valued at $301,036,000 after purchasing an additional 166,145 shares during the last quarter. Finally, Bessemer Group Inc. lifted its position in Take-Two Interactive Software by 1.4% during the first quarter. Bessemer Group Inc. now owns 1,475,888 shares of the company's stock worth $291,489,000 after buying an additional 19,702 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on TTWO shares. DA Davidson restated a "buy" rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research report on Monday, August 10th. JPMorgan Chase & Co. started coverage on Take-Two Interactive Software in a research note on Tuesday, August 11th. They set an "overweight" rating and a $310.00 price objective for the company. BTIG Research increased their target price on Take-Two Interactive Software from $293.00 to $313.00 and gave the company a "buy" rating in a report on Monday, August 10th. Raymond James Financial set a $300.00 target price on Take-Two Interactive Software in a research report on Thursday, August 6th. Finally, Roth Capital lifted their price target on Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a "buy" rating in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of "Moderate Buy" and a consensus price target of $298.89.
Check Out Our Latest Report on Take-Two Interactive Software
Key Stories Impacting Take-Two Interactive Software
Here are the key news stories impacting Take-Two Interactive Software this week:
- Positive Sentiment: Take-Two entered a new long-term Xbox publisher license agreement with Microsoft. The deal could improve the company’s distribution and commercial relationship with Xbox, although its financial significance remains uncertain. Take-Two and Microsoft enter Xbox publisher license agreement
- Positive Sentiment: Investor interest remains supported by optimism surrounding Grand Theft Auto VI, which Take-Two has planned for November 19 and which management previously said had an exceptional start to pre-orders. The company also maintained fiscal 2027 net bookings guidance of $8 billion to $8.2 billion. Take-Two rises on GTA VI optimism
- Neutral Sentiment: Analysts remain broadly constructive, with recent Buy and Overweight ratings and reported price targets materially above the current trading range. However, commentary also suggests the stock is approaching fair value, limiting the immediate impact of additional bullish coverage. Take-Two stock looks close to fair value
- Neutral Sentiment: Take-Two participated in a broader advance across gaming stocks, but the move appeared partly driven by sector-wide momentum rather than a new company-specific earnings announcement. Gaming stocks advance alongside GameStop
- Negative Sentiment: Director William B. Gordon sold 10,000 shares worth approximately $2.02 million, reducing his ownership by 17.5%. The sale occurred under a pre-arranged Rule 10b5-1 plan, which reduces its informational significance, but continued insider selling can still weigh on sentiment. SEC insider transaction filing
- Negative Sentiment: Recent reporting highlights 66 insider sales and no insider purchases over the past six months. Investors may interpret that imbalance cautiously, particularly while the stock remains valued on expectations for future blockbuster releases. Take-Two insider trading activity
About Take-Two Interactive Software
(
Get Free Report)
Take-Two Interactive Software, Inc is a global video game publisher and developer headquartered in New York City. Founded in 1993, the company creates and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.
Take-Two operates through well-known publishing labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto and Red Dead Redemption franchises, as well as NBA 2K, WWE 2K, Borderlands, BioShock, Sid Meier's Civilization and other sports, action, strategy and role-playing titles.
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