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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Ellen Siminoff sold 334 shares of Take-Two Interactive Software stock in a transaction that occurred 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 completion of the sale, the director owned 1,332 shares in the company, valued at $270,289.44. This trade represents a 20.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Stock Down 2.0%

TTWO stock traded down $4.10 during midday trading on Friday, hitting $205.28. The company’s stock had a trading volume of 2,511,425 shares, compared to its average volume of 2,348,696. The company’s fifty day moving average price is $219.30 and its 200 day moving average price is $224.16. 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 twelve month low of $187.63 and a twelve month high of $265.94. The stock has a market capitalization of $38.38 billion, a P/E ratio of -118.66, a PEG ratio of 1.40 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last released 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). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same period in the prior year, the firm posted ($0.07) EPS. Take-Two Interactive Software’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. As a group, equities research analysts predict that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.

Hedge Funds Weigh In On Take-Two Interactive Software

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of Take-Two Interactive Software in the second quarter valued at approximately $4,560,679,000. Bank of America Corp DE acquired a new position in shares of Take-Two Interactive Software during the 2nd quarter worth approximately $599,405,000. Amundi increased its holdings in shares of Take-Two Interactive Software by 38.1% during the 1st quarter. Amundi now owns 2,493,985 shares of the company’s stock worth $492,562,000 after acquiring an additional 688,133 shares during the last quarter. Royal Bank of Canada raised its stake in Take-Two Interactive Software by 12.2% in the 1st quarter. Royal Bank of Canada now owns 1,524,234 shares of the company’s stock valued at $301,036,000 after acquiring an additional 166,145 shares during the period. Finally, Bessemer Group Inc. raised its stake in Take-Two Interactive Software by 1.4% in the 1st quarter. Bessemer Group Inc. now owns 1,475,888 shares of the company’s stock valued at $291,489,000 after acquiring an additional 19,702 shares during the period. Institutional investors own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TTWO. Robert W. Baird upped their price objective on Take-Two Interactive Software from $265.00 to $270.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. UBS Group set a $310.00 price objective on Take-Two Interactive Software in a report on Monday, September 28th. Weiss Ratings reissued a “sell (d-)” rating on shares of Take-Two Interactive Software in a research note on Tuesday, October 6th. Wells Fargo & Company restated an “overweight” rating on shares of Take-Two Interactive Software in a report on Monday. Finally, Wedbush restated an “outperform” rating and set a $300.00 target price 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, eighteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average 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.