Take-Two Interactive Software (NASDAQ:TTWO) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) saw unusually-strong trading volume on Monday . 1,179,604 shares were traded during mid-day trading, a decline of 48% from the previous session’s volume of 2,271,919 shares.The stock last traded at $217.9830 and had previously closed at $235.39.

Analyst Ratings Changes

Several analysts have issued reports on TTWO shares. Raymond James Financial set a $300.00 price objective on Take-Two Interactive Software in a research note on Thursday, August 6th. Bank of America raised their price target on Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Robert W. Baird increased their price target on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Wells Fargo & Company lifted their price objective on shares of 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. Finally, Roth Capital boosted their price objective on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $296.95.

Take-Two Interactive Software Stock Performance

The stock has a market cap of $41.05 billion, a price-to-earnings ratio of -126.90, a P/E/G ratio of 1.56 and a beta of 0.97. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The company has a 50 day simple moving average of $242.28 and a 200 day simple moving average of $222.89.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The company 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 for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the business 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. As a group, equities research analysts forecast that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current year.

Insider Activity at Take-Two Interactive Software

In other news, Director Jon J. Moses sold 500 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $244.61, for a total value of $122,305.00. Following the completion of the transaction, the director directly owned 21,868 shares in the company, valued at approximately $5,349,131.48. This represents a 2.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Dornemann sold 1,151 shares of Take-Two Interactive Software stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $217.02, for a total value of $249,790.02. Following the sale, the director directly owned 20,374 shares in the company, valued at $4,421,565.48. The trade was a 5.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 122,448 shares of company stock valued at $28,084,217. 1.12% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC increased its stake in shares of Take-Two Interactive Software by 597.1% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 5,744 shares of the company’s stock worth $1,134,000 after purchasing an additional 4,920 shares in the last quarter. Primecap Management Co. CA purchased a new stake in shares of Take-Two Interactive Software in the 2nd quarter valued at about $23,480,000. Rockefeller Capital Management L.P. raised its stake 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 valued at $11,489,000 after purchasing an additional 14,050 shares in the last quarter. Fiera Capital Corp increased its stake in Take-Two Interactive Software by 33.9% in the fourth quarter. Fiera Capital Corp now owns 64,403 shares of the company’s stock valued at $16,489,000 after acquiring an additional 16,314 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board bought a new position in Take-Two Interactive Software during the second quarter valued at approximately $37,090,000. Institutional investors own 95.46% of the company’s stock.

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.