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

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Director Michael Sheresky sold 127 shares of the stock in a transaction that occurred 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 completion of the transaction, the director owned 65,368 shares in the company, valued at approximately $16,015,813.68. The trade was a 0.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Take-Two Interactive Software Trading Up 0.3%

NASDAQ TTWO opened at $242.40 on Wednesday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. Take-Two Interactive Software, Inc. has a 52 week low of $187.63 and a 52 week high of $265.94. The business has a 50 day moving average price of $240.32 and a 200-day moving average price of $221.50. The company has a market cap of $45.32 billion, a price-to-earnings ratio of -140.11, a P/E/G ratio of 1.70 and a beta of 0.97.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (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 firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the business earned ($0.07) earnings per share. Take-Two Interactive Software’s revenue for the quarter 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 Trading of Take-Two Interactive Software

Several institutional investors have recently made changes to their positions in the company. MCF Advisors LLC bought a new position in shares of Take-Two Interactive Software during the fourth quarter valued at about $25,000. Mosley Wealth Management grew its position in Take-Two Interactive Software by 266.7% in the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company’s stock worth $27,000 after purchasing an additional 80 shares in the last quarter. GHP Investment Advisors Inc. bought a new stake in Take-Two Interactive Software in the 4th quarter worth about $28,000. Meeder Asset Management Inc. purchased a new stake in Take-Two Interactive Software in the 2nd quarter valued at about $32,000. Finally, Essential Partners LLC lifted its position in shares of Take-Two Interactive Software by 333.3% during the 1st quarter. Essential Partners LLC now owns 169 shares of the company’s stock worth $33,000 after buying an additional 130 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TTWO. UBS Group reiterated a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th. JPMorgan Chase & Co. assumed coverage on shares of Take-Two Interactive Software in a report on Tuesday, August 11th. They issued an “overweight” rating and a $310.00 target price on the stock. DA Davidson reaffirmed a “buy” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Raymond James Financial set a $300.00 price target on Take-Two Interactive Software in a research note on Thursday, August 6th. Finally, Wedbush reissued an “outperform” rating and set a $300.00 price objective on shares of Take-Two Interactive Software in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, 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.