Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Take-Two Interactive Software has a “Moderate Buy” consensus rating from 21 analysts, including 18 buys, one strong buy, one hold and one sell. The average 12-month price target is $298.89, well above the reported $202.53 share price.
• The company’s latest quarter missed earnings expectations, reporting an adjusted loss of $0.18 per share versus the $0.33 consensus estimate, while revenue of $1.53 billion exceeded estimates but declined 2.1% year over year.
• Institutional investors own 95.46% of Take-Two’s stock, with several funds recently increasing or initiating positions. Insiders have sold shares in recent months, primarily through pre-arranged plans and transactions covering tax obligations.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty-one ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $298.89.

TTWO has been the topic of a number of recent analyst reports. Oppenheimer restated an "outperform" rating on shares of Take-Two Interactive Software in a report on Tuesday, September 8th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Take-Two Interactive Software in a research note on Friday, July 10th. JPMorgan Chase & Co. started coverage on shares of Take-Two Interactive Software in a research report on Tuesday, August 11th. They issued an "overweight" rating and a $310.00 price objective for the company. Zacks Research lowered shares of Take-Two Interactive Software from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 25th. Finally, Robert W. Baird upped their target price on shares of Take-Two Interactive Software from $265.00 to $270.00 and gave the company an "outperform" rating in a report on Monday, August 10th.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ TTWO opened at $202.53 on Wednesday. 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 stock has a 50 day moving average price of $224.16 and a 200 day moving average price of $223.64. The stock has a market capitalization of $37.87 billion, a PE ratio of -117.07, a price-to-earnings-growth ratio of 1.42 and a beta of 0.97. Take-Two Interactive Software has a 52 week low of $187.63 and a 52 week high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly 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). Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same period last year, the firm earned ($0.07) EPS. The firm's revenue for the quarter 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. Analysts predict that Take-Two Interactive Software will post 5.25 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Sheresky sold 484 shares of the firm's stock in a transaction on 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 sale, the director owned 66,010 shares of the company's stock, valued at $13,445,576.90. This trade represents a 0.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel P. Emerson sold 744 shares of Take-Two Interactive Software stock in a transaction 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 transaction, the insider directly owned 112,327 shares of the company's stock, valued at approximately $24,378,328.81. This trade represents a 0.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Over the last 90 days, insiders sold 53,302 shares of company stock valued at $12,863,216. Insiders own 1.12% of the company's stock.

Institutional Trading of Take-Two Interactive Software

A number of hedge funds have recently modified their holdings of TTWO. Patriot Financial Group Insurance Agency LLC boosted its stake in Take-Two Interactive Software by 597.1% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 5,744 shares of the company's stock valued at $1,134,000 after purchasing an additional 4,920 shares during the period. Primecap Management Co. CA acquired a new position in Take-Two Interactive Software in the 2nd quarter valued at $23,480,000. Rockefeller Capital Management L.P. increased its position in Take-Two Interactive Software by 45.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 44,875 shares of the company's stock worth $11,489,000 after buying an additional 14,050 shares during the period. Corient Private Wealth LP increased its position in Take-Two Interactive Software by 22.4% during the 2nd quarter. Corient Private Wealth LP now owns 30,018 shares of the company's stock worth $7,504,000 after buying an additional 5,484 shares during the period. Finally, Ontario Teachers Pension Plan Board acquired a new stake in shares of Take-Two Interactive Software during the second quarter worth $37,090,000. Institutional investors and hedge funds own 95.46% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.