Insider Selling: Take-Two Interactive Software (NASDAQ:TTWO) Director Sells 334 Shares

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 334 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $219.53, for a total transaction of $73,323.02. Following the sale, the director directly owned 1,499 shares of the company’s stock, valued at approximately $329,075.47. This trade represents a 18.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Trading Down 0.0%

Shares of NASDAQ:TTWO traded down $0.10 during mid-day trading on Wednesday, hitting $211.81. The company had a trading volume of 2,155,828 shares, compared to its average volume of 2,312,182. 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 one year low of $187.63 and a one year high of $265.94. The firm has a fifty day moving average price of $234.65 and a 200 day moving average price of $224.26. The company has a market capitalization of $39.60 billion, a PE ratio of -122.43, a price-to-earnings-growth ratio of 1.55 and a beta of 0.97.

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 for the quarter, compared to the consensus estimate 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 firm’s revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the company 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. As a group, research analysts forecast that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. MCF Advisors LLC bought a new stake in Take-Two Interactive Software during the fourth quarter worth $25,000. Mosley Wealth Management lifted its stake in Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock valued at $27,000 after acquiring an additional 80 shares in the last quarter. Washington Trust Advisors Inc. lifted its stake in Take-Two Interactive Software by 116.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 119 shares of the company’s stock valued at $30,000 after acquiring an additional 64 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in Take-Two Interactive Software during the 2nd quarter worth $32,000. Finally, Essential Partners LLC boosted its holdings in Take-Two Interactive Software by 333.3% during the 1st quarter. Essential Partners LLC now owns 169 shares of the company’s stock worth $33,000 after acquiring an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

TTWO has been the subject of several research reports. Raymond James Financial set a $300.00 target price on Take-Two Interactive Software in a research note on Thursday, August 6th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, July 28th. Zacks Research lowered Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Bank of America raised their price objective on Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, Roth Capital boosted their price objective on Take-Two Interactive Software from $295.00 to $300.00 and gave the company a “buy” rating in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $296.95.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc is a global developer, publisher and marketer of interactive entertainment. The company creates and distributes games for consoles, personal computers and mobile devices, as well as related downloadable content, subscriptions and in-game services.

Take-Two operates through well-known labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and XCOM franchises, along with mobile and social games such as Zynga’s casual and social entertainment offerings.

Founded in 1993 and headquartered in New York City, Take-Two serves customers worldwide through both physical retail channels and digital distribution platforms.