Take-Two Interactive Software (NASDAQ:TTWO) Insider Sells $950,515.00 in Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) insider Daniel Emerson sold 4,421 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $215.00, for a total value of $950,515.00. Following the completion of the transaction, the insider directly owned 118,407 shares in the company, valued at approximately $25,457,505. This represents a 3.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Price Performance

Take-Two Interactive Software stock opened at $228.03 on Thursday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.24 and a current ratio of 1.24. The firm has a market cap of $42.34 billion, a P/E ratio of -140.76, a P/E/G ratio of 4.55 and a beta of 0.98. The business’s fifty day moving average is $218.81 and its two-hundred day moving average is $222.89. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $264.79.

Trending Headlines about Take-Two Interactive Software

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: Wall Street optimism around Grand Theft Auto VI remains the biggest driver, with analysts highlighting major launch potential, upcoming marketing milestones, and pre-order catalysts that could lift future earnings power. Article Title
• Positive Sentiment: Jefferies said Take-Two is using AI to improve efficiency and support mobile ad growth, which could help margins and operating performance ahead of the GTA VI launch. Article Title
• Positive Sentiment: Recent analyst coverage stayed constructive, including buy-equivalent ratings and higher price targets, reinforcing the view that TTWO may have more upside if the next game cycle plays out as expected. Article Title
• Neutral Sentiment: TTWO was included in a “most promising metaverse stocks” list and compared favorably to other gaming names in value-oriented articles, which may support sentiment but is not a direct company-specific catalyst. Article Title
• Negative Sentiment: Multiple insider sales, including director Jon J. Moses and insider Daniel Emerson, may create some short-term caution, even though the trades were disclosed and one was under a pre-arranged 10b5-1 plan. Article Title

Institutional Investors Weigh In On Take-Two Interactive Software

Institutional investors have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Take-Two Interactive Software by 30.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 195 shares of the company’s stock valued at $50,000 after acquiring an additional 45 shares in the last quarter. First Horizon Corp raised its holdings in shares of Take-Two Interactive Software by 26.4% during the 4th quarter. First Horizon Corp now owns 220 shares of the company’s stock worth $56,000 after buying an additional 46 shares in the last quarter. Hunter Associates Investment Management LLC raised its holdings in shares of Take-Two Interactive Software by 0.4% during the 4th quarter. Hunter Associates Investment Management LLC now owns 10,780 shares of the company’s stock worth $2,761,000 after buying an additional 48 shares in the last quarter. Mayflower Financial Advisors LLC raised its holdings in shares of Take-Two Interactive Software by 3.6% during the 1st quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock worth $269,000 after buying an additional 48 shares in the last quarter. Finally, RFG Advisory LLC raised its holdings in shares of Take-Two Interactive Software by 5.1% during the 3rd quarter. RFG Advisory LLC now owns 1,037 shares of the company’s stock worth $268,000 after buying an additional 50 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Wall Street Analyst Weigh In

TTWO has been the topic of several research reports. Wells Fargo & Company cut their price target on Take-Two Interactive Software from $293.00 to $287.00 and set an “overweight” rating on the stock in a research note on Friday, May 22nd. Piper Sandler reaffirmed an “overweight” rating on shares of Take-Two Interactive Software in a research note on Tuesday. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. BMO Capital Markets reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a research note on Friday, May 22nd. Finally, Wedbush reaffirmed an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $287.06.

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.