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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 334 shares of the stock in a transaction dated 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 owned 1,666 shares of the company’s stock, valued at $403,738.44. This trade represents a 16.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 Price Performance

Shares of NASDAQ:TTWO traded up $0.79 during midday trading on Tuesday, hitting $242.40. The company’s stock had a trading volume of 1,881,326 shares, compared to its average volume of 2,265,266. The company has a market cap of $45.32 billion, a P/E ratio of -140.11, a price-to-earnings-growth ratio of 1.70 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $265.94. The business’s 50 day simple moving average is $239.71 and its 200 day simple moving average is $221.51. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data 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 business had revenue of $1.53 billion for 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 firm’s revenue was down 2.1% on a year-over-year basis. During the same period in the prior 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. On average, analysts forecast that Take-Two Interactive Software, Inc. will post 5.3 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TTWO shares. Piper Sandler restated an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. BTIG Research lifted their price objective 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. Oppenheimer boosted their price objective on Take-Two Interactive Software from $265.00 to $280.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $296.95.

Hedge Funds Weigh In On Take-Two Interactive Software

Several institutional investors and hedge funds have recently bought and sold shares of TTWO. Patriot Financial Group Insurance Agency LLC increased its position in shares of Take-Two Interactive Software by 597.1% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 5,744 shares of the company’s stock valued at $1,134,000 after acquiring an additional 4,920 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Take-Two Interactive Software by 45.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 44,875 shares of the company’s stock worth $11,489,000 after purchasing an additional 14,050 shares during the period. Fiera Capital Corp boosted its position in shares of Take-Two Interactive Software by 33.9% during the 4th quarter. Fiera Capital Corp now owns 64,403 shares of the company’s stock worth $16,489,000 after purchasing an additional 16,314 shares during the period. Swedbank AB increased its holdings in Take-Two Interactive Software by 7.6% in the 4th quarter. Swedbank AB now owns 134,638 shares of the company’s stock valued at $34,471,000 after purchasing an additional 9,556 shares during the last quarter. Finally, Davis R M Inc. increased its holdings in Take-Two Interactive Software by 4.3% in the 1st quarter. Davis R M Inc. now owns 255,075 shares of the company’s stock valued at $50,377,000 after purchasing an additional 10,593 shares during the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

About Take-Two Interactive Software

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.