Take-Two Interactive Software (NASDAQ:TTWO) Director Sells $31,116.27 in Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Michael Sheresky sold 127 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $245.01, for a total transaction of $31,116.27. Following the completion of the transaction, the director owned 65,368 shares in the company, valued at $16,015,813.68. This represents a 0.19% decrease in their ownership of the stock. The sale was disclosed in a legal 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 Stock Up 1.3%

TTWO stock opened at $240.15 on Friday. The stock has a market cap of $44.90 billion, a P/E ratio of -138.81, a PEG ratio of 1.57 and a beta of 0.97. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52. Take-Two Interactive Software, Inc. has a twelve month low of $187.63 and a twelve month high of $265.94. The company’s 50 day moving average is $241.41 and its two-hundred day moving average is $221.63.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.51). The company had revenue of $1.53 billion during the quarter, compared to analyst estimates 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 quarterly revenue was down 2.1% on a year-over-year basis. 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. Research analysts expect that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Independence Bank of Kentucky increased its stake in Take-Two Interactive Software by 106.8% in the second quarter. Independence Bank of Kentucky now owns 2,725 shares of the company’s stock valued at $681,000 after purchasing an additional 1,407 shares during the period. Legacy Financial Advisors Inc. purchased a new stake in shares of Take-Two Interactive Software in the second quarter valued at about $293,000. Proficio Capital Partners LLC acquired a new stake in shares of Take-Two Interactive Software during the second quarter worth about $238,000. BTG Pactual Asset Management US LLC boosted its stake in shares of Take-Two Interactive Software by 299.1% during the second quarter. BTG Pactual Asset Management US LLC now owns 12,970 shares of the company’s stock worth $3,242,000 after buying an additional 9,720 shares during the period. Finally, Benjamin Edwards Inc. grew its holdings in shares of Take-Two Interactive Software by 5.4% during the second quarter. Benjamin Edwards Inc. now owns 8,402 shares of the company’s stock worth $2,100,000 after buying an additional 430 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TTWO has been the topic of several research reports. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. Bank of America boosted their target price on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. UBS Group reissued a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Zacks Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Finally, BTIG Research lifted their price target on Take-Two Interactive Software from $293.00 to $313.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $296.95.

Take-Two Interactive Software Company Profile

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.