Take-Two Interactive Software (NASDAQ:TTWO) Director Sells $2,023,900.00 in Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director William Gordon sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $202.39, for a total transaction of $2,023,900.00. Following the completion of the sale, the director directly owned 47,187 shares of the company’s stock, valued at approximately $9,550,176.93. This represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Price Performance

TTWO stock opened at $202.73 on Friday. 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, Inc. has a 1 year low of $187.63 and a 1 year high of $265.94. The firm has a 50-day moving average of $225.87 and a 200 day moving average of $223.56. The company has a market cap of $37.91 billion, a P/E ratio of -117.18, a PEG ratio of 1.41 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the firm posted ($0.07) earnings per share. The business’s 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. On average, sell-side analysts forecast that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on TTWO. Weiss Ratings reissued a “sell (d-)” rating on shares of Take-Two Interactive Software in a research report on Friday, July 10th. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. DA Davidson reissued a “buy” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Finally, Bank of America upped their price objective on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $298.89.

Hedge Funds Weigh In On Take-Two Interactive Software

A number of hedge funds have recently bought and sold shares of TTWO. Burkett Financial Services LLC purchased a new position in Take-Two Interactive Software in the third quarter worth about $28,000. QRG Capital Management Inc. grew its holdings in shares of Take-Two Interactive Software by 30.1% during the second quarter. QRG Capital Management Inc. now owns 26,050 shares of the company’s stock valued at $6,512,000 after buying an additional 6,029 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of Take-Two Interactive Software by 24.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,634 shares of the company’s stock valued at $1,658,000 after acquiring an additional 1,302 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Take-Two Interactive Software by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 240,198 shares of the company’s stock valued at $60,045,000 after acquiring an additional 11,949 shares in the last quarter. Finally, Silicon Valley Capital Partners purchased a new position in Take-Two Interactive Software in the 2nd quarter worth approximately $25,000. Institutional investors own 95.46% of the company’s stock.

About Take-Two Interactive Software

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.