Ellen Siminoff Sells 334 Shares of Take-Two Interactive Software (NASDAQ:TTWO) Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 334 shares of the business’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 completion of the sale, the director owned 1,499 shares in the company, valued at $329,075.47. The trade was a 18.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Stock Down 0.6%

TTWO stock opened at $210.62 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. The firm has a market cap of $39.38 billion, a PE ratio of -121.74, a P/E/G ratio of 1.47 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 firm has a 50 day simple moving average of $233.15 and a 200 day simple moving average of $224.24.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly 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 the consensus estimate 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%. Take-Two Interactive Software’s quarterly 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. Equities research analysts forecast that Take-Two Interactive Software, Inc. will post 5.25 earnings per share for the current fiscal year.

Institutional Trading of Take-Two Interactive Software

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TTWO. MCF Advisors LLC acquired a new position in Take-Two Interactive Software during the fourth quarter worth $25,000. Mosley Wealth Management boosted its holdings in shares of Take-Two Interactive Software by 266.7% in the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after acquiring an additional 80 shares in the last quarter. Washington Trust Advisors Inc. boosted its holdings in shares of Take-Two Interactive Software by 116.4% in the 2nd quarter. Washington Trust Advisors Inc. now owns 119 shares of the company’s stock worth $30,000 after acquiring an additional 64 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in Take-Two Interactive Software during the 2nd quarter worth approximately $32,000. Finally, MV Capital Management Inc. bought a new stake in Take-Two Interactive Software during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on TTWO. Wells Fargo & Company lifted their target price on Take-Two Interactive Software from $289.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Roth Capital increased their price target on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Raymond James Financial set a $300.00 price target on shares of Take-Two Interactive Software in a report on Thursday, August 6th. JPMorgan Chase & Co. began coverage on shares of Take-Two Interactive Software in a research report on Tuesday, August 11th. They set an “overweight” rating and a $310.00 price objective on the stock. Finally, Oppenheimer reiterated an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus 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.