Insider Selling: Take-Two Interactive Software (NASDAQ:TTWO) CEO Sells $10,105,600.00 in Stock

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) CEO Strauss Zelnick sold 40,000 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $252.64, for a total value of $10,105,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Strauss Zelnick also recently made the following trade(s):

• On Monday, June 1st, Strauss Zelnick sold 208,969 shares of Take-Two Interactive Software stock. The shares were sold at an average price of $227.34, for a total value of $47,507,012.46.
• On Tuesday, May 26th, Strauss Zelnick sold 70,000 shares of Take-Two Interactive Software stock. The shares were sold at an average price of $222.20, for a total value of $15,554,000.00.

Take-Two Interactive Software Stock Performance

TTWO traded down $3.07 during midday trading on Tuesday, reaching $250.50. The company had a trading volume of 2,446,310 shares, compared to its average volume of 2,286,119. The company has a quick ratio of 1.24, a current ratio of 1.06 and a debt-to-equity ratio of 0.52. The business has a 50-day moving average of $236.87 and a two-hundred day moving average of $221.45. The company has a market cap of $46.84 billion, a P/E ratio of -144.80, a P/E/G ratio of 4.58 and a beta of 0.97. Take-Two Interactive Software, Inc. has a 1 year low of $187.63 and a 1 year high of $265.94.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Friday, August 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.51). The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.36 billion. Take-Two Interactive Software had a positive return on equity of 12.25% and a negative net margin of 4.79%.The firm’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period last year, the business earned ($0.07) EPS. 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 research analysts predict that Take-Two Interactive Software, Inc. will post 5.38 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Take-Two Interactive Software

Institutional investors and hedge funds have recently modified their holdings of the stock. First Horizon Corp lifted its holdings in shares of Take-Two Interactive Software by 26.4% in the fourth quarter. First Horizon Corp now owns 220 shares of the company’s stock worth $56,000 after buying an additional 46 shares in the last quarter. Mayflower Financial Advisors LLC increased its holdings in Take-Two Interactive Software by 3.6% in the 1st quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock valued at $269,000 after acquiring an additional 48 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. increased its holdings in Take-Two Interactive Software by 5.7% in the 1st quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company’s stock valued at $190,000 after acquiring an additional 52 shares during the last quarter. Huntington National Bank lifted its stake in Take-Two Interactive Software by 4.5% in the 4th quarter. Huntington National Bank now owns 1,335 shares of the company’s stock worth $342,000 after purchasing an additional 57 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in Take-Two Interactive Software by 12.4% in the 4th quarter. UMB Bank n.a. now owns 535 shares of the company’s stock worth $137,000 after purchasing an additional 59 shares in the last quarter. Institutional investors own 95.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on TTWO shares. Piper Sandler reiterated an “overweight” rating on shares of Take-Two Interactive Software in a research report on Tuesday, June 16th. BMO Capital Markets restated an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, July 28th. Raymond James Financial set a $300.00 target price on shares of Take-Two Interactive Software in a report on Thursday, August 6th. Zacks Research upgraded Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Finally, Robert W. Baird raised their price target on Take-Two Interactive Software from $265.00 to $270.00 and gave the company an “outperform” rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Buy” and a consensus price target of $296.95.

Key Stories Impacting Take-Two Interactive Software

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

• Positive Sentiment: JPMorgan initiated coverage with an “overweight” rating and a $310 price target, implying substantial upside and adding another positive Wall Street view. Benzinga
• Positive Sentiment: Wedbush reiterated its “Outperform” rating and $300 target, identifying GTA VI pre-orders, the November 19 launch and growing recurring revenue as potential catalysts. The firm believes current valuation does not fully reflect the game’s potential. Take-Two Interactive’s GTA VI pre-orders emerge as potential upside driver, says Wedbush
• Positive Sentiment: Roth Capital raised its price target to $300 and maintained a “buy” rating, while DA Davidson and Wedbush reaffirmed bullish ratings with $300 targets. Baird also lifted its target to $270 and kept an “outperform” rating. Analyst rating updates
• Positive Sentiment: Fiscal first-quarter performance benefited from strength in NBA 2K and Grand Theft Auto, with console revenue reportedly increasing 16.3% and net bookings exceeding expectations. Take-Two Q1 Earnings Beat Estimates on NBA 2K and GTA Strength
• Neutral Sentiment: Management kept fiscal 2027 net-bookings guidance at $8.0 billion to $8.2 billion, while record GTA VI pre-orders build ahead of launch. The unchanged outlook may have limited the immediate impact of the positive pre-order news. TTWO Q1 Earnings Call Keeps GTA VI at Center of FY27 Outlook
• Negative Sentiment: Some investors are reassessing the quarter and guidance, while commentary suggests the shares may be around 9% stretched following confirmation of the GTA VI launch. This creates profit-taking risk after the stock’s strong run. Take Two Interactive Software Stock May Be 9% Stretched Following GTA VI Launch Confirmation

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.