Take-Two Interactive Software (NASDAQ:TTWO) Director Sells $88,693.62 in Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Free Report) Director Laverne Evans Srinivasan sold 362 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $245.01, for a total value of $88,693.62. Following the sale, the director directly owned 8,357 shares of the company’s stock, valued at $2,047,548.57. This represents a 4.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Laverne Evans Srinivasan also recently made the following trade(s):

  • On Monday, June 1st, Laverne Evans Srinivasan sold 373 shares of Take-Two Interactive Software stock. The shares were sold at an average price of $229.35, for a total value of $85,547.55.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $240.15 on Friday. The business’s fifty day moving average is $241.41 and its two-hundred day moving average is $221.63. 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 firm has a market cap of $44.90 billion, a P/E ratio of -138.81, a P/E/G ratio of 1.57 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last announced its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share 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 business had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the business posted ($0.07) earnings per share. The business’s quarterly revenue 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. Equities research analysts forecast that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on TTWO. Bank of America raised their price objective on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Zacks Research raised shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. 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 research report on Monday, August 10th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $296.95.

Check Out Our Latest Stock Analysis on TTWO

Institutional Trading of Take-Two Interactive Software

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. MCF Advisors LLC bought a new stake in Take-Two Interactive Software during the 4th quarter worth about $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of Take-Two Interactive Software in the fourth quarter valued at about $28,000. Mosley Wealth Management raised its holdings in Take-Two Interactive Software by 266.7% during the second quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after acquiring an additional 80 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in Take-Two Interactive Software during the second quarter valued at approximately $32,000. Finally, MV Capital Management Inc. bought a new position in Take-Two Interactive Software in the fourth quarter valued at approximately $34,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Company Profile

(Get Free Report)

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two’s publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.

Further Reading

Insider Buying and Selling by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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