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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 334 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $219.53, for a total value of $73,323.02. Following the sale, the director directly owned 1,499 shares of the company’s stock, valued at approximately $329,075.47. This trade represents a 18.22% decrease in their position. The transaction was disclosed in a document filed 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 0.0%

Shares of Take-Two Interactive Software stock opened at $211.81 on Thursday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. Take-Two Interactive Software, Inc. has a 52-week low of $187.63 and a 52-week high of $265.94. The company’s 50 day moving average price is $233.86 and its 200-day moving average price is $224.25. The stock has a market capitalization of $39.60 billion, a price-to-earnings ratio of -122.43, a P/E/G ratio of 1.48 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) EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The firm had revenue of $1.53 billion for 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%. The company’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($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. Equities research analysts forecast that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.

Institutional Trading of Take-Two Interactive Software

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of Take-Two Interactive Software by 597.1% during the 1st 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. Primecap Management Co. CA purchased a new position in shares of Take-Two Interactive Software during the second quarter valued at approximately $23,480,000. Rockefeller Capital Management L.P. lifted its position in Take-Two Interactive Software by 45.6% during 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 during the period. Ontario Teachers Pension Plan Board bought a new position in Take-Two Interactive Software during the second quarter valued at approximately $37,090,000. Finally, Fiera Capital Corp boosted its holdings 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 worth $16,489,000 after purchasing an additional 16,314 shares during the last quarter. 95.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. BTIG Research increased their price objective on Take-Two Interactive Software from $293.00 to $313.00 and gave the stock a “buy” rating in a report on Monday, August 10th. DA Davidson restated a “buy” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday, August 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. Wells Fargo & Company raised their price target on Take-Two Interactive Software from $289.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Finally, Piper Sandler reiterated an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Take-Two Interactive Software has a consensus rating of “Moderate Buy” and an average target price of $296.95.

Take-Two Interactive Software Company Profile

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.