Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by Weiss Ratings in a research report issued on Friday,Weiss Ratings reports.
Several other equities research analysts have also issued reports on the stock. Bank of America increased their target price on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Zacks Research upgraded Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 13th. Wedbush upped their price target on Take-Two Interactive Software from $269.00 to $275.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Cowen restated a "buy" rating on shares of Take-Two Interactive Software in a research note on Thursday. Finally, Wells Fargo & Company upped their price target on Take-Two Interactive Software from $270.00 to $277.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 7th. Twenty equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $254.14.
Get Our Latest Research Report on TTWO
Take-Two Interactive Software Stock Performance
Take-Two Interactive Software stock traded up $0.59 during midday trading on Friday, hitting $255.12. The stock had a trading volume of 955,995 shares, compared to its average volume of 1,481,264. The firm's fifty day moving average is $247.75 and its two-hundred day moving average is $235.12. The company has a market capitalization of $47.06 billion, a PE ratio of -10.66, a P/E/G ratio of 5.40 and a beta of 1.01. Take-Two Interactive Software has a 52-week low of $158.65 and a 52-week high of $264.79. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72.
Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.33. The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.31 billion. Take-Two Interactive Software had a negative net margin of 72.92% and a positive return on equity of 7.33%. The firm's quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the firm posted ($1.52) EPS. Take-Two Interactive Software has set its Q2 2026 guidance at 0.850-0.950 EPS. FY 2026 guidance at 2.600-2.850 EPS. On average, research analysts forecast that Take-Two Interactive Software will post 0.97 EPS for the current year.
Insider Activity
In other news, CEO Strauss Zelnick sold 45,000 shares of the stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $231.20, for a total transaction of $10,404,000.00. Following the completion of the transaction, the chief executive officer directly owned 281,495 shares in the company, valued at approximately $65,081,644. This represents a 13.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jon J. Moses sold 1,000 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $231.33, for a total value of $231,330.00. Following the transaction, the director owned 22,901 shares of the company's stock, valued at $5,297,688.33. This represents a 4.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 141,822 shares of company stock worth $32,540,844. 1.34% of the stock is owned by corporate insiders.
Institutional Trading of Take-Two Interactive Software
A number of institutional investors have recently bought and sold shares of TTWO. Norges Bank bought a new stake in Take-Two Interactive Software in the second quarter worth $731,047,000. Nuveen LLC bought a new stake in shares of Take-Two Interactive Software in the first quarter valued at about $288,410,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Take-Two Interactive Software by 425.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company's stock valued at $296,640,000 after acquiring an additional 1,158,783 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Take-Two Interactive Software by 4.5% in the second quarter. Vanguard Group Inc. now owns 20,768,874 shares of the company's stock valued at $5,043,721,000 after acquiring an additional 903,385 shares in the last quarter. Finally, Contour Asset Management LLC bought a new stake in shares of Take-Two Interactive Software in the first quarter valued at about $180,701,000. 95.46% of the stock is currently owned by institutional investors.
Take-Two Interactive Software Company Profile
(
Get Free Report)
Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.
Further Reading
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