Key Points
- Director Michael Sheresky sold 484 Take-Two shares for approximately $98,586 under a pre-arranged Rule 10b5-1 trading plan, reducing his stake by 0.73% to 66,010 shares.
- Take-Two shares opened at $203.46, near the lower end of their 52-week range, while the company reported quarterly revenue of $1.53 billion but missed earnings expectations with a loss of $0.18 per share.
- Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and an average price target of $298.89; institutional investors and hedge funds own 95.46% of the stock.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) Director Michael Sheresky sold 484 shares of the stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $203.69, for a total value of $98,585.96. Following the completion of the transaction, the director owned 66,010 shares of the company's stock, valued at $13,445,576.90. This trade represents a 0.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Michael Sheresky also recently made the following trade(s):
- On Monday, August 17th, Michael Sheresky sold 127 shares of Take-Two Interactive Software stock. The stock was sold at an average price of $245.01, for a total value of $31,116.27.
Take-Two Interactive Software Price Performance
TTWO stock opened at $203.46 on Tuesday. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $265.94. The firm has a 50-day moving average of $225.06 and a two-hundred day moving average of $223.65. The firm has a market capitalization of $38.04 billion, a PE ratio of -117.61, a P/E/G ratio of 1.41 and a beta of 0.97. 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 (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). The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates 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 firm's revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 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 research firms have recently issued reports on TTWO. Wedbush restated an "outperform" rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday, August 10th. Zacks Research downgraded Take-Two Interactive Software from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Piper Sandler reissued an "overweight" rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. BMO Capital Markets reissued an "outperform" rating on shares of Take-Two Interactive Software in a research note on Tuesday, July 28th. Finally, Wells Fargo & Company raised their price objective on Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an "overweight" rating in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $298.89.
Check Out Our Latest Report on TTWO
Hedge Funds Weigh In On Take-Two Interactive Software
Hedge funds have recently modified their holdings of the stock. Mayflower Financial Advisors LLC boosted its position 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 valued at $269,000 after purchasing an additional 48 shares in the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. increased 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 worth $190,000 after purchasing an additional 52 shares in the last quarter. Beacon Financial Advisory LLC lifted its stake in Take-Two Interactive Software by 3.7% in the second quarter. Beacon Financial Advisory LLC now owns 1,697 shares of the company's stock valued at $424,000 after buying an additional 60 shares during the period. Trust Asset Management LLC lifted its stake in Take-Two Interactive Software by 3.5% in the second quarter. Trust Asset Management LLC now owns 1,881 shares of the company's stock valued at $470,000 after buying an additional 63 shares during the period. Finally, Washington Trust Advisors Inc. boosted 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 buying an additional 64 shares in the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.
Take-Two Interactive Software Company Profile
(
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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