Take-Two Interactive Software (NASDAQ:TTWO) Shares Down 6.5% – Time to Sell?

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) dropped 6.5% during mid-day trading on Friday . The stock traded as low as $226.06 and last traded at $222.5370. Approximately 1,127,884 shares changed hands during trading, a decline of 45% from the average daily volume of 2,057,475 shares. The stock had previously closed at $238.08.

Key Take-Two Interactive Software News

Here are the key news stories impacting Take-Two Interactive Software this week:

• Positive Sentiment: Take-Two confirmed that Grand Theft Auto VI remains on track for a Nov. 19 release, reducing delay risk and supporting investor confidence in a major upcoming catalyst. Reuters article
• Positive Sentiment: The company reported better-than-expected quarterly results, with revenue and adjusted earnings beating estimates, showing the business is still performing well ahead of GTA VI. Business Wire article
• Positive Sentiment: Management forecast record fiscal 2027 net bookings driven by GTA VI, suggesting a sharp step-up in demand next year even with near-term volatility. Benzinga article
• Neutral Sentiment: Some coverage notes the stock is pulling back after the post-earnings jump, as traders reassess whether the strong GTA VI outlook is already reflected in the share price. Yahoo Finance article
• Negative Sentiment: Despite the upbeat GTA VI catalyst, FY2027 bookings guidance of $8.0 billion to $8.2 billion was below consensus, raising concerns that management’s outlook is more conservative than investors expected. Reuters article

Analyst Upgrades and Downgrades

TTWO has been the topic of several analyst reports. DA Davidson reiterated a “buy” rating and set a $300.00 price target on shares of Take-Two Interactive Software in a report on Wednesday, February 4th. Wedbush reaffirmed an “outperform” rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a report on Tuesday, March 3rd. Raymond James Financial raised shares of Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price target for the company in a report on Tuesday, February 10th. Zacks Research lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. Finally, Benchmark reiterated a “buy” rating on shares of Take-Two Interactive Software in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and a consensus target price of $287.93.

Take-Two Interactive Software Stock Down 4.8%

The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.71. The company has a market cap of $41.95 billion, a price-to-earnings ratio of -10.11, a PEG ratio of 3.53 and a beta of 0.97. The firm’s fifty day simple moving average is $211.59 and its 200 day simple moving average is $225.86.

Insider Buying and Selling at Take-Two Interactive Software

In related news, CEO Strauss Zelnick sold 7,946 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $214.16, for a total value of $1,701,715.36. Following the completion of the sale, the chief executive officer owned 170,756 shares in the company, valued at $36,569,104.96. This represents a 4.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Daniel P. Emerson sold 810 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $213.47, for a total transaction of $172,910.70. Following the completion of the sale, the insider owned 124,191 shares of the company’s stock, valued at approximately $26,511,052.77. This trade represents a 0.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 64,724 shares of company stock worth $13,866,155 in the last 90 days. Company insiders own 1.34% of the company’s stock.

Institutional Trading of Take-Two Interactive Software

Several hedge funds and other institutional investors have recently made changes to their positions in TTWO. Norges Bank acquired a new stake in Take-Two Interactive Software in the 4th quarter valued at about $735,389,000. Vanguard Group Inc. grew its stake in Take-Two Interactive Software by 4.5% in the 3rd quarter. Vanguard Group Inc. now owns 21,701,533 shares of the company’s stock valued at $5,606,808,000 after acquiring an additional 932,659 shares during the last quarter. AQR Capital Management LLC grew its stake in Take-Two Interactive Software by 162.1% in the 4th quarter. AQR Capital Management LLC now owns 1,138,738 shares of the company’s stock valued at $291,551,000 after acquiring an additional 704,316 shares during the last quarter. Amundi boosted its stake in shares of Take-Two Interactive Software by 38.1% during the 1st quarter. Amundi now owns 2,493,985 shares of the company’s stock worth $492,562,000 after purchasing an additional 688,133 shares during the last quarter. Finally, Alyeska Investment Group L.P. boosted its stake in shares of Take-Two Interactive Software by 44.6% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,842,927 shares of the company’s stock worth $471,845,000 after purchasing an additional 568,263 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

Take-Two Interactive Software Company Profile

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.