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Take-Two Interactive Software (NASDAQ:TTWO) Reaches New 52-Week High - Time to Buy?

Take-Two Interactive Software logo with Consumer Discretionary background

Key Points

  • Take-Two Interactive Software's stock reached a new 52-week high of $259.51, reflecting significant trading volume and investor interest.
  • Several analysts have upgraded their price targets for Take-Two, with Bank of America setting a target of $285.00 and Citigroup raising it to $270.00, reinforcing the stock's "buy" rating from multiple firms.
  • The company's recent earnings report showed an EPS of $0.61, surpassing expectations, with revenues increasing 16.4% year-over-year.
  • MarketBeat previews the top five stocks to own by October 1st.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $259.49 and last traded at $259.51, with a volume of 353392 shares trading hands. The stock had previously closed at $256.12.

Analyst Ratings Changes

Several equities research analysts have commented on TTWO shares. Bank of America raised their price target on shares of Take-Two Interactive Software from $260.00 to $285.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Wells Fargo & Company began coverage on shares of Take-Two Interactive Software in a research note on Monday, July 28th. They issued an "overweight" rating and a $265.00 price target on the stock. Citigroup increased their price objective on shares of Take-Two Interactive Software from $260.00 to $270.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Zacks Research upgraded shares of Take-Two Interactive Software from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 13th. Finally, Wedbush increased their price objective on shares of Take-Two Interactive Software from $269.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $248.32.

Read Our Latest Analysis on Take-Two Interactive Software

Take-Two Interactive Software Stock Up 0.4%

The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. The stock has a market capitalization of $47.43 billion, a P/E ratio of -10.73, a PEG ratio of 5.43 and a beta of 1.00. The stock's fifty day moving average is $235.39 and its two-hundred day moving average is $228.54.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.33. The company had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.31 billion. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The firm's revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the company earned ($1.52) earnings per share. 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. As a group, research analysts predict that Take-Two Interactive Software, Inc. will post 0.97 earnings per share for the current fiscal year.

Insider Activity at Take-Two Interactive Software

In other news, CEO Strauss Zelnick sold 20,000 shares of Take-Two Interactive Software stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $230.69, for a total transaction of $4,613,800.00. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Daniel P. Emerson sold 22,479 shares of Take-Two Interactive Software stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $227.47, for a total value of $5,113,298.13. Following the transaction, the insider owned 129,792 shares in the company, valued at $29,523,786.24. This represents a 14.76% decrease in their position. The disclosure for this sale can be found here. Insiders sold 141,825 shares of company stock valued at $32,532,671 over the last ninety days. Company insiders own 1.34% of the company's stock.

Institutional Investors Weigh In On Take-Two Interactive Software

Large investors have recently bought and sold shares of the business. Blue Trust Inc. boosted its holdings in Take-Two Interactive Software by 101.9% in the second quarter. Blue Trust Inc. now owns 105 shares of the company's stock worth $26,000 after purchasing an additional 53 shares in the last quarter. ORG Partners LLC raised its holdings in Take-Two Interactive Software by 115.7% in the 2nd quarter. ORG Partners LLC now owns 110 shares of the company's stock worth $26,000 after acquiring an additional 59 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in Take-Two Interactive Software in the 2nd quarter worth $27,000. LGT Financial Advisors LLC bought a new position in Take-Two Interactive Software in the 2nd quarter worth $34,000. Finally, 1 North Wealth Services LLC bought a new position in Take-Two Interactive Software in the 1st quarter worth $29,000. 95.46% of the stock is currently owned by institutional investors.

About Take-Two Interactive Software

(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.

See Also

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