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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 334 shares of the firm’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $202.92, for a total transaction of $67,775.28. Following the sale, the director owned 1,332 shares in the company, valued at approximately $270,289.44. This trade represents a 20.05% decrease in their position. The transaction was disclosed in a 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 Price Performance

Shares of TTWO traded down $4.10 during midday trading on Friday, reaching $205.28. The stock had a trading volume of 2,593,814 shares, compared to its average volume of 2,649,256. The company’s 50-day moving average is $218.47 and its 200 day moving average is $224.03. Take-Two Interactive Software, Inc. has a 12-month low of $187.63 and a 12-month high of $265.94. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $38.38 billion, a price-to-earnings ratio of -118.66, a price-to-earnings-growth ratio of 1.46 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate 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%. Take-Two Interactive Software’s revenue for the quarter was down 2.1% compared to the same quarter last year. 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. On average, equities analysts predict that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current fiscal year.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. New England Research & Management Inc. bought a new position in Take-Two Interactive Software during the 3rd quarter worth approximately $472,000. TD Waterhouse Canada Inc. increased its stake in Take-Two Interactive Software by 7.1% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 17,236 shares of the company’s stock worth $3,512,000 after purchasing an additional 1,144 shares during the period. Pension & Wealth Management Advisors Inc. purchased a new position in Take-Two Interactive Software in the 3rd quarter worth approximately $289,000. V Square Quantitative Management LLC boosted its stake in shares of Take-Two Interactive Software by 12.4% during the third quarter. V Square Quantitative Management LLC now owns 1,819 shares of the company’s stock valued at $377,000 after purchasing an additional 200 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Take-Two Interactive Software by 68.2% in the third quarter. Assenagon Asset Management S.A. now owns 1,039,290 shares of the company’s stock worth $215,653,000 after purchasing an additional 421,303 shares during the last quarter. Institutional investors own 95.46% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on TTWO shares. Bank of America lifted their price target on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Wells Fargo & Company restated an “overweight” rating on shares of Take-Two Interactive Software in a report on Monday, October 12th. Benchmark reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Zacks Research cut shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Finally, BTIG Research increased their target price 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, August 10th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $298.82.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a global video game publisher and developer headquartered in New York City. Founded in 1993, the company creates and publishes interactive entertainment for consoles, personal computers and mobile devices, serving customers in markets around the world.

Take-Two operates through well-known publishing labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto and Red Dead Redemption franchises, as well as NBA 2K, WWE 2K, Borderlands, BioShock, Sid Meier’s Civilization and other sports, action, strategy and role-playing titles.