Take-Two Interactive Software (NASDAQ:TTWO) Director Ellen Siminoff Sells 334 Shares

Take-Two Interactive Software, Inc. (NASDAQ:TTWOGet Free Report) Director Ellen Siminoff sold 334 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $242.34, for a total transaction of $80,941.56. Following the completion of the sale, the director directly owned 1,666 shares in the company, valued at approximately $403,738.44. This trade represents a 16.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Trading Up 0.3%

NASDAQ TTWO opened at $242.40 on Wednesday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. 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 capitalization of $45.32 billion, a PE ratio of -140.11, a price-to-earnings-growth ratio of 1.70 and a beta of 0.97. The firm has a 50 day moving average of $240.32 and a two-hundred day moving average of $221.50.

Take-Two Interactive Software (NASDAQ:TTWOGet Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations 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 company’s revenue was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($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. As a group, research analysts expect that Take-Two Interactive Software, Inc. will post 5.3 EPS for the current fiscal year.

Institutional Investors Weigh In On Take-Two Interactive Software

Several institutional investors and hedge funds have recently made changes to their positions in TTWO. BlackRock Inc. acquired a new stake in Take-Two Interactive Software during the 2nd quarter worth approximately $4,560,679,000. Norges Bank acquired a new position in Take-Two Interactive Software during the fourth quarter valued at approximately $735,389,000. Bank of America Corp DE purchased a new stake in Take-Two Interactive Software during the second quarter worth approximately $599,405,000. Legal & General Group Plc acquired a new stake in shares of Take-Two Interactive Software in the second quarter worth $277,219,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at $234,774,000. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wells Fargo & Company increased their price target on shares of Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Oppenheimer upped their target price on shares of Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Robert W. Baird increased their target price on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. JPMorgan Chase & Co. started coverage on Take-Two Interactive Software in a report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 price target on the stock. Finally, Piper Sandler reissued an “overweight” rating on shares of Take-Two Interactive Software in a research note on Tuesday, June 16th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $296.95.

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About Take-Two Interactive Software

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

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