Take-Two Interactive Software (NASDAQ:TTWO) Hits New 12-Month High Following Analyst Upgrade

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) hit a new 52-week high during mid-day trading on Wednesday after Wells Fargo & Company raised their price target on the stock from $270.00 to $277.00. Wells Fargo & Company currently has an overweight rating on the stock. Take-Two Interactive Software traded as high as $262.19 and last traded at $258.09, with a volume of 105980 shares changing hands. The stock had previously closed at $260.50.

TTWO has been the topic of a number of other research reports. Bank of America increased their target price 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. Wedbush increased their target price on Take-Two Interactive Software from $269.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, August 8th. UBS Group increased their price target on Take-Two Interactive Software from $275.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Benchmark increased their price target on Take-Two Interactive Software from $250.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Take-Two Interactive Software in a research note on Saturday, September 27th. Nineteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $250.10.

Insider Activity at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 22,479 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $227.47, for a total transaction of $5,113,298.13. Following the completion of the sale, the insider directly owned 129,792 shares in the company, valued at $29,523,786.24. This trade represents a 14.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Strauss Zelnick sold 20,000 shares of Take-Two Interactive Software stock in a transaction dated Wednesday, August 27th. The stock was 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. Over the last ninety days, insiders sold 141,825 shares of company stock valued at $32,532,671. 1.34% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Take-Two Interactive Software

A number of hedge funds and other institutional investors have recently bought and sold shares of TTWO. NBC Securities Inc. acquired a new position in Take-Two Interactive Software in the first quarter valued at approximately $55,000. Wedmont Private Capital boosted its stake in Take-Two Interactive Software by 13.4% in the first quarter. Wedmont Private Capital now owns 2,328 shares of the company’s stock valued at $494,000 after acquiring an additional 275 shares during the period. UMB Bank n.a. boosted its stake in Take-Two Interactive Software by 34.9% in the first quarter. UMB Bank n.a. now owns 441 shares of the company’s stock valued at $91,000 after acquiring an additional 114 shares during the period. First Citizens Bank & Trust Co. boosted its stake in Take-Two Interactive Software by 8.1% in the first quarter. First Citizens Bank & Trust Co. now owns 2,819 shares of the company’s stock valued at $584,000 after acquiring an additional 211 shares during the period. Finally, GAMMA Investing LLC boosted its stake in Take-Two Interactive Software by 33.5% in the first quarter. GAMMA Investing LLC now owns 3,345 shares of the company’s stock valued at $693,000 after acquiring an additional 839 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Performance

The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.72. The stock has a 50 day simple moving average of $240.35 and a 200 day simple moving average of $231.02. The company has a market capitalization of $47.61 billion, a price-to-earnings ratio of -10.78, a P/E/G ratio of 5.53 and a beta of 1.01.

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

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.