Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Receives Average Recommendation of “Buy” from Brokerages

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) have been assigned an average recommendation of “Buy” from the twenty-two analysts that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, nineteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $296.9474.

TTWO has been the subject of several recent research reports. Raymond James Financial set a $300.00 price objective on Take-Two Interactive Software in a report on Thursday, August 6th. DA Davidson restated a “buy” rating and set a $300.00 target price on shares of Take-Two Interactive Software in a research report on Monday, August 10th. Bank of America lifted their price objective on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. BTIG Research upped their target price on shares of Take-Two Interactive Software from $293.00 to $313.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Finally, Robert W. Baird increased their target price on Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a research note on Monday, August 10th.

Insider Activity

In other news, Director Michael Sheresky sold 127 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $31,116.27. Following the transaction, the director directly owned 65,368 shares in the company, valued at approximately $16,015,813.68. This represents a 0.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ellen F. Siminoff sold 334 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $242.34, for a total value of $80,941.56. Following the transaction, the director directly owned 1,666 shares in the company, valued at approximately $403,738.44. This represents a 16.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 610,759 shares of company stock valued at $138,737,789. 1.12% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. MCF Advisors LLC purchased a new stake in shares of Take-Two Interactive Software in the 4th quarter valued at $25,000. Mosley Wealth Management raised 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 during the period. GHP Investment Advisors Inc. purchased a new position in Take-Two Interactive Software in the 4th quarter worth $28,000. Meeder Asset Management Inc. bought a new stake in Take-Two Interactive Software in the second quarter worth $32,000. Finally, Essential Partners LLC lifted its stake in Take-Two Interactive Software by 333.3% in the first quarter. Essential Partners LLC now owns 169 shares of the company’s stock worth $33,000 after purchasing an additional 130 shares during the last quarter. 95.46% of the stock is owned by hedge funds and other institutional investors.

Take-Two Interactive Software Stock Performance

Shares of Take-Two Interactive Software stock opened at $239.62 on Tuesday. The business’s fifty day simple moving average is $241.97 and its 200 day simple moving average is $221.75. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $44.80 billion, a P/E ratio of -138.51, a price-to-earnings-growth ratio of 1.59 and a beta of 0.97. Take-Two Interactive Software has a 12 month low of $187.63 and a 12 month high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the previous year, the company posted ($0.07) EPS. Take-Two Interactive Software’s quarterly revenue was down 2.1% compared to the same quarter last year. 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, analysts anticipate that Take-Two Interactive Software will post 5.51 EPS for the current year.

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.