Take-Two Interactive Software (NASDAQ:TTWO) Director Laverne Evans Srinivasan Sells 362 Shares

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Laverne Evans Srinivasan sold 362 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $88,693.62. Following the sale, the director directly owned 8,357 shares of the company’s stock, valued at $2,047,548.57. This represents a 4.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Laverne Evans Srinivasan also recently made the following trade(s):

• On Monday, June 1st, Laverne Evans Srinivasan sold 373 shares of Take-Two Interactive Software stock. The stock was sold at an average price of $229.35, for a total value of $85,547.55.

Take-Two Interactive Software Stock Up 0.3%

Take-Two Interactive Software stock opened at $242.40 on Wednesday. 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 company’s 50-day moving average is $240.32 and its 200-day moving average is $221.50. The firm has a market capitalization of $45.32 billion, a PE ratio of -140.11, a P/E/G ratio of 1.70 and a beta of 0.97. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). The business 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 revenue was down 2.1% on a year-over-year basis. During the same quarter last year, the company posted ($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. Sell-side analysts anticipate that Take-Two Interactive Software, Inc. will post 5.3 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Patriot Financial Group Insurance Agency LLC increased its position in 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 Take-Two Interactive Software by 45.6% in the fourth 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 last quarter. Fiera Capital Corp grew its stake 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 valued at $16,489,000 after purchasing an additional 16,314 shares during the period. Swedbank AB increased its position in shares of Take-Two Interactive Software by 7.6% during 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 position in shares of Take-Two Interactive Software by 4.3% during 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 owned by institutional investors.

Wall Street Analyst Weigh In

TTWO has been the topic of several analyst reports. BTIG Research upped their target price on Take-Two Interactive Software from $293.00 to $313.00 and gave the company a “buy” rating in a report on Monday, August 10th. Piper Sandler reiterated an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. Weiss Ratings restated a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. Finally, Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Two 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 data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $296.95.

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.