Daniel Emerson Sells 744 Shares of Take-Two Interactive Software (NASDAQ:TTWO) Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) insider Daniel Emerson sold 744 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $217.03, for a total transaction of $161,470.32. Following the sale, the insider owned 112,327 shares in the company, valued at $24,378,328.81. The trade was a 0.66% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $214.69 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94. The firm’s 50 day moving average is $240.00 and its two-hundred day moving average is $223.31. The firm has a market capitalization of $40.14 billion, a P/E ratio of -124.10, a P/E/G ratio of 1.43 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). The firm 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 firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period last 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. Research analysts forecast that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on TTWO shares. Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Wedbush reiterated an “outperform” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a research note on Monday, August 10th. Bank of America raised their price objective on shares of 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. JPMorgan Chase & Co. started coverage on shares of Take-Two Interactive Software in a research note on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 price objective on the stock. Finally, UBS Group reaffirmed a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $296.95.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of hedge funds and other institutional investors have recently bought and sold shares of TTWO. Mayflower Financial Advisors LLC boosted its holdings in Take-Two Interactive Software by 3.6% during the first quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock worth $269,000 after buying an additional 48 shares in the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. lifted its position in shares of Take-Two Interactive Software by 5.7% during the 1st quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company’s stock valued at $190,000 after acquiring an additional 52 shares during the period. Huntington National Bank lifted its position in shares of Take-Two Interactive Software by 4.5% during the 4th quarter. Huntington National Bank now owns 1,335 shares of the company’s stock valued at $342,000 after acquiring an additional 57 shares during the period. UMB Bank n.a. boosted its stake in shares of Take-Two Interactive Software by 12.4% during the 4th quarter. UMB Bank n.a. now owns 535 shares of the company’s stock worth $137,000 after acquiring an additional 59 shares in the last quarter. Finally, Ballentine Partners LLC boosted its stake in shares of Take-Two Interactive Software by 6.0% during the 4th quarter. Ballentine Partners LLC now owns 1,063 shares of the company’s stock worth $272,000 after acquiring an additional 60 shares in the last quarter. Institutional investors and hedge funds 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.