Insider Selling: Take-Two Interactive Software (NASDAQ:TTWO) Director Sells $67,775.28 in Stock

Key Points

• Take-Two director Ellen Siminoff sold 334 shares for approximately $67,775 at an average price of $202.92 under a pre-arranged Rule 10b5-1 plan, reducing her direct ownership by 20.05% to 1,332 shares.
• TTWO shares fell $4.10 to $205.28, while the company’s latest quarter missed EPS expectations despite revenue exceeding estimates; revenue declined 2.1% year over year and net margin remained negative.
• Wall Street remains broadly optimistic, with a consensus “Moderate Buy” rating and an average price target of $298.82. Institutional investors and hedge funds own approximately 95.46% of the stock.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) Director Ellen Siminoff sold 334 shares of the firm's stock in a transaction dated 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 transaction, the director directly owned 1,332 shares in the company, valued at $270,289.44. This represents a 20.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Price Performance

TTWO stock traded down $4.10 during trading on Friday, hitting $205.28. The stock had a trading volume of 2,511,425 shares, compared to its average volume of 2,348,696. 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. The company's 50-day moving average price is $219.30 and its two-hundred day moving average price is $224.16.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted 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). The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.36 billion. Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The firm's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($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. As a group, research analysts predict that Take-Two Interactive Software, Inc. will post 5.25 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TTWO has been the subject of several research reports. DA Davidson reaffirmed a "buy" rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a research report on Monday, August 10th. UBS Group set a $310.00 price target on shares of Take-Two Interactive Software in a research report on Monday, September 28th. BTIG Research raised their price objective on shares of Take-Two Interactive Software from $293.00 to $313.00 and gave the company a "buy" rating in a research note on Monday, August 10th. 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 lifted their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $298.82.

Institutional Trading of Take-Two Interactive Software

Hedge funds have recently modified their holdings of the stock. Mayflower Financial Advisors LLC increased its holdings in Take-Two Interactive Software by 3.6% during the 1st quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company's stock worth $269,000 after purchasing an additional 48 shares in the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. raised its stake in shares of Take-Two Interactive Software by 5.7% in the 1st quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company's stock valued at $190,000 after purchasing an additional 52 shares during the period. Beacon Financial Advisory LLC lifted its holdings in shares of Take-Two Interactive Software by 3.7% in the second quarter. Beacon Financial Advisory LLC now owns 1,697 shares of the company's stock valued at $424,000 after purchasing an additional 60 shares in the last quarter. Trust Asset Management LLC lifted its holdings in shares of Take-Two Interactive Software by 3.5% in the second quarter. Trust Asset Management LLC now owns 1,881 shares of the company's stock valued at $470,000 after purchasing an additional 63 shares in the last quarter. Finally, Washington Trust Advisors Inc. lifted its holdings in shares of Take-Two Interactive Software by 116.4% in the second quarter. Washington Trust Advisors Inc. now owns 119 shares of the company's stock valued at $30,000 after purchasing an additional 64 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

About Take-Two Interactive Software

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.

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