Key Points
- Director Ellen Siminoff sold 334 Take-Two shares for approximately $67,775 at $202.92 each under a pre-arranged Rule 10b5-1 plan, reducing her direct ownership by 20.05% to 1,332 shares.
- Take-Two shares fell 2.0% to $205.28, below their 50-day and 200-day moving averages. The company missed quarterly EPS expectations, although revenue of $1.53 billion exceeded estimates and year-over-year revenue declined 2.1%.
- Analyst sentiment remains broadly positive, with an overall “Moderate Buy” rating and an average price target of $298.82; institutional investors own 95.46% of the company.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) Director Ellen Siminoff sold 334 shares of the stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $202.92, for a total transaction of $67,775.28. Following the sale, the director directly owned 1,332 shares of the company's stock, valued at $270,289.44. The trade was a 20.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 Trading Down 2.0%
Take-Two Interactive Software stock traded down $4.10 during trading hours on Friday, reaching $205.28. The stock had a trading volume of 2,593,814 shares, compared to its average volume of 2,649,256. The company has a fifty day simple moving average of $218.47 and a 200-day simple moving average of $224.03. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94. The stock has a market cap of $38.38 billion, a PE ratio of -118.66, a PEG ratio of 1.46 and a beta of 0.97. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate 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 business's revenue was down 2.1% on a year-over-year basis. During the same period last year, the company posted ($0.07) earnings per share. 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 forecast 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
A number of institutional investors have recently added to or reduced their stakes in the company. Mayflower Financial Advisors LLC boosted 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 valued at $269,000 after buying an additional 48 shares in the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. grew its position in shares of Take-Two Interactive Software by 5.7% in the 1st quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company's stock worth $190,000 after buying an additional 52 shares during the period. Beacon Financial Advisory LLC increased its stake in shares of Take-Two Interactive Software by 3.7% in the 2nd quarter. Beacon Financial Advisory LLC now owns 1,697 shares of the company's stock worth $424,000 after acquiring an additional 60 shares in the last quarter. Trust Asset Management LLC increased its stake in shares of Take-Two Interactive Software by 3.5% in the 2nd quarter. Trust Asset Management LLC now owns 1,881 shares of the company's stock worth $470,000 after acquiring an additional 63 shares in the last quarter. Finally, Washington Trust Advisors Inc. increased its stake in shares of Take-Two Interactive Software by 116.4% in 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 in the last quarter. Institutional investors own 95.46% of the company's stock.
Analyst Ratings Changes
A number of research analysts recently issued reports on the company. Raymond James Financial restated a "strong-buy" rating on shares of Take-Two Interactive Software in a report on Wednesday. DA Davidson reiterated a "buy" rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, August 10th. Wells Fargo & Company restated an "overweight" rating on shares of Take-Two Interactive Software in a report on Monday, October 12th. BMO Capital Markets restated an "outperform" rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Take-Two Interactive Software in a research report on Tuesday, October 6th. One equities 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. According to MarketBeat.com, Take-Two Interactive Software presently has an average rating of "Moderate Buy" and an average price target of $298.82.
View Our Latest Research Report on Take-Two Interactive Software
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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