Take-Two Interactive Software (NASDAQ:TTWO) CEO Sells $10,105,600.00 in Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) CEO Strauss Zelnick sold 40,000 shares of Take-Two Interactive Software stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $252.64, for a total transaction of $10,105,600.00. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Strauss Zelnick also recently made the following trade(s):

• On Monday, June 1st, Strauss Zelnick sold 208,969 shares of Take-Two Interactive Software stock. The stock was sold at an average price of $227.34, for a total transaction of $47,507,012.46.
• On Tuesday, May 26th, Strauss Zelnick sold 70,000 shares of Take-Two Interactive Software stock. The shares were sold at an average price of $222.20, for a total transaction of $15,554,000.00.

Take-Two Interactive Software Stock Down 1.2%

Shares of TTWO stock traded down $3.07 during trading hours on Tuesday, hitting $250.50. 2,446,310 shares of the company’s stock traded hands, compared to its average volume of 2,286,119. The company has a quick ratio of 1.24, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The stock’s fifty day simple moving average is $236.87 and its two-hundred day simple moving average is $221.45. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $265.94. The stock has a market cap of $46.84 billion, a price-to-earnings ratio of -144.80, a PEG ratio of 4.58 and a beta of 0.97.

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 the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the previous year, the company earned ($0.07) EPS. The business’s quarterly revenue was down 2.1% on a year-over-year basis. 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 expect that Take-Two Interactive Software, Inc. will post 5.38 EPS for the current year.

Take-Two Interactive Software News Summary

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

• Positive Sentiment: JPMorgan initiated coverage with an “overweight” rating and a $310 price target, implying substantial upside and adding another positive Wall Street view. Benzinga
• Positive Sentiment: Wedbush reiterated its “Outperform” rating and $300 target, identifying GTA VI pre-orders, the November 19 launch and growing recurring revenue as potential catalysts. The firm believes current valuation does not fully reflect the game’s potential. Take-Two Interactive’s GTA VI pre-orders emerge as potential upside driver, says Wedbush
• Positive Sentiment: Roth Capital raised its price target to $300 and maintained a “buy” rating, while DA Davidson and Wedbush reaffirmed bullish ratings with $300 targets. Baird also lifted its target to $270 and kept an “outperform” rating. Analyst rating updates
• Positive Sentiment: Fiscal first-quarter performance benefited from strength in NBA 2K and Grand Theft Auto, with console revenue reportedly increasing 16.3% and net bookings exceeding expectations. Take-Two Q1 Earnings Beat Estimates on NBA 2K and GTA Strength
• Neutral Sentiment: Management kept fiscal 2027 net-bookings guidance at $8.0 billion to $8.2 billion, while record GTA VI pre-orders build ahead of launch. The unchanged outlook may have limited the immediate impact of the positive pre-order news. TTWO Q1 Earnings Call Keeps GTA VI at Center of FY27 Outlook
• Negative Sentiment: Some investors are reassessing the quarter and guidance, while commentary suggests the shares may be around 9% stretched following confirmation of the GTA VI launch. This creates profit-taking risk after the stock’s strong run. Take Two Interactive Software Stock May Be 9% Stretched Following GTA VI Launch Confirmation

Analyst Upgrades and Downgrades

Several analysts recently commented on TTWO shares. Oppenheimer increased their price objective on shares of Take-Two Interactive Software from $265.00 to $280.00 and gave the company an “outperform” rating in a research report on Monday. Bank of America increased their price target on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Raymond James Financial set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Thursday, August 6th. Wells Fargo & Company lifted their target price on Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday. Finally, BTIG Research boosted their price objective on shares of Take-Two Interactive Software from $293.00 to $313.00 and gave the company a “buy” rating in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $296.95.

Institutional Trading of Take-Two Interactive Software

Large investors have recently modified their holdings of the company. MCF Advisors LLC purchased a new position in Take-Two Interactive Software in the fourth quarter worth about $25,000. Mosley Wealth Management increased its position in shares of Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock valued at $27,000 after purchasing an additional 80 shares during the last quarter. GHP Investment Advisors Inc. purchased a new stake in shares of Take-Two Interactive Software during the 4th quarter valued at about $28,000. Meeder Asset Management Inc. bought a new position in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $32,000. Finally, Essential Partners LLC lifted its stake in shares of Take-Two Interactive Software by 333.3% in the 1st quarter. Essential Partners LLC now owns 169 shares of the company’s stock worth $33,000 after purchasing an additional 130 shares during the period. Institutional investors own 95.46% of the company’s stock.

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.