Take-Two Interactive Software (NASDAQ:TTWO) Director Sells $98,585.96 in Stock

by · The Markets Daily

Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Free Report) Director Michael Sheresky sold 484 shares of the firm’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $203.69, for a total transaction of $98,585.96. Following the completion of the transaction, the director directly owned 66,010 shares in the company, valued at approximately $13,445,576.90. This represents a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michael Sheresky also recently made the following trade(s):

  • On Monday, August 17th, Michael Sheresky sold 127 shares of Take-Two Interactive Software stock. The shares were sold at an average price of $245.01, for a total transaction of $31,116.27.

Take-Two Interactive Software Price Performance

TTWO stock traded up $0.73 during mid-day trading on Monday, reaching $203.46. The company’s stock had a trading volume of 2,227,945 shares, compared to its average volume of 2,331,946. 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’s 50 day moving average is $225.87 and its two-hundred day moving average is $223.67. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $265.94. The stock has a market cap of $38.04 billion, a PE ratio of -117.61, a P/E/G ratio of 1.41 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last issued its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.51). The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.36 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The company’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Equities research analysts expect that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in shares of Take-Two Interactive Software in the 2nd quarter valued at approximately $4,560,679,000. Bank of America Corp DE acquired a new position in shares of Take-Two Interactive Software in the 2nd quarter worth approximately $599,405,000. Amundi boosted its position 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 purchasing an additional 688,133 shares during the period. Deutsche Bank AG boosted its position in shares of Take-Two Interactive Software by 18.2% during the 4th quarter. Deutsche Bank AG now owns 1,385,150 shares of the company’s stock worth $354,640,000 after purchasing an additional 213,570 shares during the period. Finally, Royal Bank of Canada increased its holdings 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 purchasing an additional 166,145 shares during the last quarter. Hedge funds and other institutional investors own 95.46% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on TTWO. UBS Group set a $310.00 price target on Take-Two Interactive Software in a report on Monday, September 28th. DA Davidson reissued a “buy” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, August 10th. Roth Capital lifted their target price on shares of Take-Two Interactive Software from $295.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. Finally, Oppenheimer reissued an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, September 8th. One equities 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 assigned a Sell rating to the company. According to data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus price target of $298.89.

Get Our Latest Analysis on Take-Two Interactive Software

Take-Two Interactive Software Company Profile

(Get Free Report)

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.

Featured Articles