Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Free Report) insider Daniel Emerson sold 744 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $217.03, for a total transaction of $161,470.32. Following the completion of the transaction, the insider owned 112,327 shares in the company, valued at approximately $24,378,328.81. This represents a 0.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Take-Two Interactive Software Price Performance
Take-Two Interactive Software stock opened at $214.69 on Monday. The company has a market capitalization of $40.14 billion, a PE ratio of -124.10, a price-to-earnings-growth ratio of 1.43 and a beta of 0.97. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $265.94. The firm has a 50 day moving average price of $240.00 and a 200 day moving average price of $223.52.
Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) 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 analysts’ expectations of $1.36 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The company’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the business earned ($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. Research analysts expect that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current year.
Analyst Ratings Changes
Read Our Latest Stock Analysis on Take-Two Interactive Software
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the company. MCF Advisors LLC purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $25,000. Mosley Wealth Management lifted its position in shares of Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after purchasing an additional 80 shares during the last quarter. Washington Trust Advisors Inc. grew its stake in shares of Take-Two Interactive Software by 116.4% during the second quarter. Washington Trust Advisors Inc. now owns 119 shares of the company’s stock worth $30,000 after purchasing an additional 64 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Take-Two Interactive Software during the second quarter worth $32,000. Finally, Essential Partners LLC increased its holdings in Take-Two Interactive Software by 333.3% in the first quarter. Essential Partners LLC now owns 169 shares of the company’s stock valued at $33,000 after buying an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.
About Take-Two Interactive Software
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.
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