Laverne Evans Srinivasan Sells 362 Shares of Take-Two Interactive Software (NASDAQ:TTWO) Stock

by · The Markets Daily

Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Free Report) Director Laverne Evans Srinivasan sold 362 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $245.01, for a total transaction of $88,693.62. Following the transaction, the director owned 8,357 shares in the company, valued at $2,047,548.57. The trade was a 4.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Laverne Evans Srinivasan also recently made the following trade(s):

  • On Monday, June 1st, Laverne Evans Srinivasan sold 373 shares of Take-Two Interactive Software stock. The shares were sold at an average price of $229.35, for a total value of $85,547.55.

Take-Two Interactive Software Trading Down 2.2%

Shares of NASDAQ TTWO opened at $237.04 on Thursday. The business’s 50 day moving average price is $240.85 and its 200-day moving average price is $221.49. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $265.94. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market cap of $44.32 billion, a price-to-earnings ratio of -137.02, a PEG ratio of 1.61 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) 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). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period last year, the company earned ($0.07) EPS. The business’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. On average, sell-side analysts expect that Take-Two Interactive Software, Inc. will post 5.51 earnings per share for the current year.

Key Headlines Impacting Take-Two Interactive Software

Here are the key news stories impacting Take-Two Interactive Software this week:

  • Positive Sentiment: Analysts maintain a broadly bullish view of TTWO, with a consensus “Buy” rating and an average price target of approximately $296.95. DA Davidson, Oppenheimer and Robert W. Baird recently reiterated or upgraded their targets, citing the company’s long-term growth prospects. Take-Two Interactive Software Given Consensus Recommendation of Buy by Analysts
  • Positive Sentiment: Institutional demand provides a supportive ownership backdrop: BlackRock, Norges Bank, Bank of America and other large investors recently established or expanded positions. Institutions now own roughly 95% of the outstanding shares.
  • Positive Sentiment: New GTA 6 gameplay material briefly increased investor interest in Take-Two, highlighting the franchise’s ability to generate substantial market attention ahead of its release. TTWO Stock Reacts as GTA 6 Gameplay Leaked Online
  • Neutral Sentiment: The leak has not been confirmed as an official company announcement and does not provide new information about the game’s launch timing, pricing or sales outlook. As a result, the initial rally faded rather than developing into a sustained move.
  • Negative Sentiment: Take-Two’s latest quarterly results showed an adjusted loss of $0.18 per share versus expectations for earnings of $0.33, although revenue of $1.53 billion exceeded estimates. Revenue also declined 2.1% year over year, keeping profitability concerns in focus.
  • Negative Sentiment: Several directors sold shares, including Michael Sheresky, Laverne Evans Srinivasan and Ellen F. Siminoff. The trades were conducted under pre-arranged plans and were small relative to their remaining holdings, but they nevertheless add modest selling pressure and may temper sentiment.

Wall Street Analyst Weigh In

TTWO has been the subject of a number of research reports. Piper Sandler reiterated an “overweight” rating on shares of Take-Two Interactive Software in a report on Tuesday, June 16th. Zacks Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. UBS Group restated a “buy” rating on shares of Take-Two Interactive Software in a research note on Monday, August 10th. 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 for the company. Finally, Raymond James Financial set a $300.00 target price on shares of Take-Two Interactive Software in a report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Take-Two Interactive Software presently has an average rating of “Buy” and a consensus price target of $296.95.

Check Out Our Latest Report on Take-Two Interactive Software

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. MCF Advisors LLC purchased a new stake in shares of Take-Two Interactive Software during the fourth quarter valued at $25,000. GHP Investment Advisors Inc. acquired a new stake in Take-Two Interactive Software during the 4th quarter worth about $28,000. Mosley Wealth Management lifted its position in Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after acquiring an additional 80 shares during the period. Meeder Asset Management Inc. purchased a new stake in Take-Two Interactive Software during the 2nd quarter valued at about $32,000. Finally, MV Capital Management Inc. purchased a new stake in Take-Two Interactive Software during the 4th quarter valued at about $34,000. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Company Profile

(Get Free Report)

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.

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