Take-Two Interactive Software (NASDAQ:TTWO) Given New $277.00 Price Target at Wells Fargo & Company

Take-Two Interactive Software (NASDAQ:TTWO) had its price objective raised by Wells Fargo & Company from $270.00 to $277.00 in a research report report published on Tuesday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

A number of other equities research analysts have also recently weighed in on TTWO. Zacks Research raised Take-Two Interactive Software from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 13th. Citigroup raised their price target on Take-Two Interactive Software from $260.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. Bank of America raised their price target on Take-Two Interactive Software from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 8th. CICC Research began coverage on Take-Two Interactive Software in a report on Tuesday, September 30th. They set an “outperform” rating and a $272.00 price target for the company. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Take-Two Interactive Software in a report on Saturday, September 27th. Nineteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $250.10.

Take-Two Interactive Software Trading Up 1.4%

Shares of TTWO opened at $260.50 on Tuesday. Take-Two Interactive Software has a 1 year low of $151.32 and a 1 year high of $261.47. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. The stock has a 50 day simple moving average of $239.66 and a 200-day simple moving average of $230.83. The stock has a market cap of $48.05 billion, a PE ratio of -10.88, a PEG ratio of 5.45 and a beta of 1.01.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.33. Take-Two Interactive Software had a positive return on equity of 7.33% and a negative net margin of 72.92%.The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the prior year, the firm posted ($1.52) EPS. Take-Two Interactive Software’s quarterly revenue was up 16.4% compared to the same quarter last year. 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. On average, sell-side analysts predict that Take-Two Interactive Software will post 0.97 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Daniel P. Emerson sold 22,479 shares of Take-Two Interactive Software stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $227.47, for a total value of $5,113,298.13. Following the completion of the sale, the insider directly owned 129,792 shares of the company’s stock, valued at approximately $29,523,786.24. This trade represents a 14.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Strauss Zelnick sold 20,000 shares of Take-Two Interactive Software stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $230.69, for a total value of $4,613,800.00. The disclosure for this sale can be found here. In the last three months, insiders sold 141,825 shares of company stock worth $32,532,671. 1.34% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TTWO. Norges Bank bought a new position in shares of Take-Two Interactive Software in the 2nd quarter worth $731,047,000. Nuveen LLC bought a new position in shares of Take-Two Interactive Software in the 1st quarter worth $288,410,000. Price T Rowe Associates Inc. MD boosted its position in shares of Take-Two Interactive Software by 425.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,431,310 shares of the company’s stock worth $296,640,000 after purchasing an additional 1,158,783 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Take-Two Interactive Software by 4.5% in the 2nd quarter. Vanguard Group Inc. now owns 20,768,874 shares of the company’s stock worth $5,043,721,000 after purchasing an additional 903,385 shares during the last quarter. Finally, Contour Asset Management LLC bought a new position in shares of Take-Two Interactive Software in the 1st quarter worth $180,701,000. 95.46% of the stock is currently owned by institutional investors.

Take-Two Interactive Software Company Profile

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.