Take-Two Interactive Software (NASDAQ:TTWO) Issues Quarterly Earnings Results, Beats Estimates By $0.13 EPS

Take-Two Interactive Software (NASDAQ:TTWO) issued its quarterly earnings data on Thursday. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.91 by $0.13, Zacks reports. The business had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.71 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The firm’s revenue was up 33.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($2.08) EPS. Take-Two Interactive Software updated its Q3 2026 guidance to EPS and its FY 2026 guidance to EPS.

Take-Two Interactive Software Trading Down 8.1%

TTWO stock traded down $20.40 during mid-day trading on Friday, reaching $232.00. The company’s stock had a trading volume of 5,791,674 shares, compared to its average volume of 1,917,977. Take-Two Interactive Software has a 12 month low of $173.20 and a 12 month high of $264.79. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The business’s 50 day moving average price is $251.84 and its 200 day moving average price is $238.25. The company has a market cap of $42.80 billion, a price-to-earnings ratio of -9.69, a price-to-earnings-growth ratio of 5.10 and a beta of 1.00.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Citigroup boosted their price objective on Take-Two Interactive Software from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Take-Two Interactive Software in a research note on Wednesday, October 8th. Wells Fargo & Company upped their price objective on Take-Two Interactive Software from $270.00 to $277.00 and gave the company an “overweight” rating in a research note on Tuesday, October 7th. DA Davidson raised their price objective on shares of Take-Two Interactive Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Finally, BMO Capital Markets boosted their target price on shares of Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $259.45.

Insider Activity at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Ellen F. Siminoff sold 411 shares of the firm’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $259.42, for a total value of $106,621.62. Following the completion of the sale, the director directly owned 2,860 shares in the company, valued at approximately $741,941.20. This trade represents a 12.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Daniel P. Emerson sold 22,479 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the transaction, the insider owned 129,792 shares in the company, valued at $29,523,786.24. This represents a 14.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 141,822 shares of company stock worth $32,540,844. Corporate insiders own 1.34% of the company’s stock.

Institutional Investors Weigh In On Take-Two Interactive Software

Hedge funds and other institutional investors have recently made changes to their positions in the business. Keel Point LLC lifted its position in Take-Two Interactive Software by 11.9% in the 2nd quarter. Keel Point LLC now owns 1,343 shares of the company’s stock valued at $326,000 after acquiring an additional 143 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Take-Two Interactive Software by 50.7% in the second quarter. Geneos Wealth Management Inc. now owns 458 shares of the company’s stock worth $111,000 after purchasing an additional 154 shares during the last quarter. Merit Financial Group LLC lifted its holdings in shares of Take-Two Interactive Software by 9.6% in the third quarter. Merit Financial Group LLC now owns 1,774 shares of the company’s stock valued at $458,000 after purchasing an additional 155 shares in the last quarter. Orion Porfolio Solutions LLC boosted its position in shares of Take-Two Interactive Software by 8.3% during the second quarter. Orion Porfolio Solutions LLC now owns 4,718 shares of the company’s stock valued at $1,146,000 after buying an additional 363 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in shares of Take-Two Interactive Software by 13.2% during the first quarter. Empowered Funds LLC now owns 3,322 shares of the company’s stock valued at $688,000 after buying an additional 388 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.