Take-Two Interactive Software (NASDAQ:TTWO) Director Michael Sheresky Sells 127 Shares of Stock

Key Points

• Director Michael Sheresky sold 127 Take-Two shares at an average price of $245.01, generating $31,116.27. The transaction was conducted under a pre-arranged Rule 10b5-1 plan and reduced his ownership by 0.19%.
• Take-Two shares recently traded at $242.40, with a market capitalization of approximately $45.32 billion. The company missed quarterly EPS expectations but exceeded revenue estimates, reporting $1.53 billion in revenue.
• Analysts remain broadly optimistic, with a consensus “Buy” rating and an average price target of $296.95; institutional investors own approximately 95.46% of the company’s stock.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report) Director Michael Sheresky sold 127 shares of the company's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $245.01, for a total value of $31,116.27. Following the sale, the director owned 65,368 shares of the company's stock, valued at $16,015,813.68. The trade was a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Price Performance

Shares of TTWO traded up $0.79 during midday trading on Tuesday, hitting $242.40. The company's stock had a trading volume of 1,881,326 shares, compared to its average volume of 2,265,266. Take-Two Interactive Software, Inc. has a one year low of $187.63 and a one year high of $265.94. The company's fifty day simple moving average is $239.71 and its two-hundred day simple moving average is $221.51. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $45.32 billion, a price-to-earnings ratio of -140.11, a price-to-earnings-growth ratio of 1.70 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates 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 business 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 posted ($0.07) EPS. Take-Two Interactive Software's quarterly revenue was down 2.1% on a year-over-year basis. 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 analysts expect that Take-Two Interactive Software, Inc. will post 5.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. MCF Advisors LLC bought a new position in Take-Two Interactive Software in the 4th quarter valued at approximately $25,000. Mosley Wealth Management boosted 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 buying an additional 80 shares during the period. GHP Investment Advisors Inc. bought a new stake in Take-Two Interactive Software during the 4th quarter worth approximately $28,000. Meeder Asset Management Inc. bought a new stake in Take-Two Interactive Software during the 2nd quarter worth approximately $32,000. Finally, Essential Partners LLC increased its position in Take-Two Interactive Software by 333.3% in the 1st quarter. Essential Partners LLC now owns 169 shares of the company's stock valued at $33,000 after acquiring an additional 130 shares during the period. Institutional investors and hedge funds own 95.46% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. DA Davidson reissued a "buy" rating and issued a $300.00 target price on shares of Take-Two Interactive Software in a report on Monday, August 10th. Oppenheimer lifted their price target on shares of Take-Two Interactive Software from $265.00 to $280.00 and gave the company an "outperform" rating in a report on Monday, August 10th. BMO Capital Markets reiterated an "outperform" rating on shares of Take-Two Interactive Software in a research report on Tuesday, July 28th. JPMorgan Chase & Co. started coverage on shares of Take-Two Interactive Software in a research note on Tuesday, August 11th. They set an "overweight" rating and a $310.00 target price on the stock. Finally, Raymond James Financial set a $300.00 target price on shares of Take-Two Interactive Software in a research note 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $296.95.

About Take-Two Interactive Software

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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