Insider Selling: Take-Two Interactive Software (NASDAQ:TTWO) Director Sells $73,323.02 in Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 334 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $219.53, for a total value of $73,323.02. Following the sale, the director owned 1,499 shares in the company, valued at approximately $329,075.47. This trade represents a 18.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Stock Down 2.5%

Shares of NASDAQ TTWO opened at $205.45 on Friday. The company has a 50 day simple moving average of $232.40 and a 200 day simple moving average of $224.11. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.06 and a quick ratio of 1.06. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $265.94. The firm has a market cap of $38.42 billion, a PE ratio of -118.76, a price-to-earnings-growth ratio of 1.47 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its 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). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the firm earned ($0.07) earnings per share. The company’s revenue was down 2.1% compared to the same quarter last year. 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, research analysts forecast that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.

Hedge Funds Weigh In On Take-Two Interactive Software

Several hedge funds and other institutional investors have recently bought and sold shares of the company. MCF Advisors LLC bought a new stake in Take-Two Interactive Software during the fourth quarter valued at $25,000. Mosley Wealth Management raised its position 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. raised its position 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. acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter valued at about $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 valued at $33,000 after purchasing an additional 130 shares during the period. Institutional investors and hedge funds own 95.46% of the company’s stock.

Analysts Set New Price Targets

TTWO has been the subject of a number of recent research reports. Wedbush restated an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, August 10th. Raymond James Financial set a $300.00 target price on Take-Two Interactive Software in a report on Thursday, August 6th. Zacks Research lowered Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. UBS Group reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Finally, Wells Fargo & Company raised their price objective on Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.