Take-Two Interactive Software (NASDAQ:TTWO) Announces Quarterly Earnings Results

Take-Two Interactive Software (NASDAQ:TTWO) posted its earnings results on Thursday. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.13, Zacks reports. The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. Take-Two Interactive Software’s revenue was up 33.3% on a year-over-year basis. During the same period in the previous year, the business posted ($2.08) EPS. Take-Two Interactive Software updated its Q3 2026 guidance to EPS and its FY 2026 guidance to EPS.

Take-Two Interactive Software Trading Down 8.1%

NASDAQ TTWO traded down $20.40 during trading on Friday, hitting $232.00. The stock had a trading volume of 5,791,674 shares, compared to its average volume of 1,917,977. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $42.80 billion, a PE ratio of -9.69, a PEG ratio of 5.10 and a beta of 1.00. The firm has a 50 day moving average price of $251.84 and a 200 day moving average price of $238.25. Take-Two Interactive Software has a twelve month low of $173.20 and a twelve month high of $264.79.

Analyst Ratings Changes

A number of research analysts recently commented on TTWO shares. Wall Street Zen cut Take-Two Interactive Software from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. DA Davidson upped their price target on Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Arete Research cut Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. Citigroup boosted their price objective on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. Finally, UBS Group upped their target price on shares of Take-Two Interactive Software from $285.00 to $292.00 and gave the company a “buy” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $259.45.

Insiders Place Their Bets

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 45,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $231.20, for a total value of $10,404,000.00. Following the completion of the transaction, the chief executive officer owned 281,495 shares of the company’s stock, valued at $65,081,644. This trade represents a 13.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Daniel P. Emerson sold 22,479 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total value of $5,113,298.13. Following the sale, the insider directly owned 129,792 shares in the company, valued at $29,523,786.24. This represents a 14.76% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 141,822 shares of company stock valued at $32,540,844. 1.34% of the stock is owned by company insiders.

Institutional Investors Weigh In On Take-Two Interactive Software

Hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC boosted its stake in shares of Take-Two Interactive Software by 186.2% in the 2nd quarter. AQR Capital Management LLC now owns 481,727 shares of the company’s stock valued at $116,987,000 after buying an additional 313,415 shares during the period. Holocene Advisors LP raised its holdings in Take-Two Interactive Software by 364.3% in the second quarter. Holocene Advisors LP now owns 322,638 shares of the company’s stock valued at $78,353,000 after acquiring an additional 253,142 shares in the last quarter. California State Teachers Retirement System lifted its stake in Take-Two Interactive Software by 1.4% in the second quarter. California State Teachers Retirement System now owns 277,757 shares of the company’s stock worth $67,453,000 after acquiring an additional 3,834 shares during the last quarter. Worldquant Millennium Advisors LLC acquired a new position in Take-Two Interactive Software during the 2nd quarter worth approximately $48,940,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Take-Two Interactive Software by 0.4% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 174,065 shares of the company’s stock worth $42,270,000 after acquiring an additional 770 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.