Take-Two Interactive Software Sees Unusually Large Options Volume (NASDAQ:TTWO)

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) was the recipient of some unusual options trading activity on Wednesday. Stock traders purchased 9,524 put options on the stock. This represents an increase of 21% compared to the average daily volume of 7,850 put options.

Wall Street Analyst Weigh In

TTWO has been the subject of several research analyst reports. B. Riley Financial started coverage on Take-Two Interactive Software in a report on Wednesday, December 10th. They issued a “buy” rating and a $300.00 price objective for the company. Arete Research upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and set a $284.00 target price on the stock in a report on Monday, December 1st. BMO Capital Markets lifted their target price on shares of Take-Two Interactive Software from $252.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. TD Cowen restated a “buy” rating on shares of Take-Two Interactive Software in a research note on Tuesday, November 25th. Finally, Morgan Stanley upped their price objective on Take-Two Interactive Software from $275.00 to $280.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Take-Two Interactive Software has an average rating of “Moderate Buy” and a consensus target price of $284.44.

Take-Two Interactive Software Stock Down 0.6%

NASDAQ TTWO opened at $215.77 on Thursday. Take-Two Interactive Software has a 52 week low of $188.56 and a 52 week high of $264.79. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $39.96 billion, a P/E ratio of -9.64, a price-to-earnings-growth ratio of 8.89 and a beta of 0.94. The stock’s 50-day moving average price is $227.52 and its 200-day moving average price is $239.85.

Insider Buying and Selling

In other Take-Two Interactive Software news, Director Michael Sheresky sold 155 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $194.73, for a total value of $30,183.15. Following the sale, the director directly owned 65,626 shares of the company’s stock, valued at approximately $12,779,350.98. The trade was a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Daniel P. Emerson sold 810 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $213.47, for a total value of $172,910.70. Following the completion of the sale, the insider directly owned 124,191 shares in the company, valued at approximately $26,511,052.77. This represents a 0.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 63,490 shares of company stock valued at $13,612,142. 1.34% of the stock is owned by company insiders.

Institutional Trading of Take-Two Interactive Software

Several institutional investors and hedge funds have recently modified their holdings of TTWO. Integrated Wealth Concepts LLC bought a new position in shares of Take-Two Interactive Software in the first quarter worth about $425,000. Empowered Funds LLC boosted its holdings in shares of Take-Two Interactive Software by 13.2% in the 1st quarter. Empowered Funds LLC now owns 3,322 shares of the company’s stock valued at $688,000 after acquiring an additional 388 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Take-Two Interactive Software by 118.7% in the first quarter. Geneos Wealth Management Inc. now owns 304 shares of the company’s stock worth $63,000 after acquiring an additional 165 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in shares of Take-Two Interactive Software during the second quarter worth $265,000. Finally, World Investment Advisors purchased a new position in shares of Take-Two Interactive Software during the second quarter worth $225,000. 95.46% of the stock is currently owned by institutional investors.

Key Take-Two Interactive Software News

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

• Positive Sentiment: Company guidance and the upcoming Grand Theft Auto VI release are bullish catalysts — reports say Take‑Two has raised guidance as the GTA VI launch comes into focus, which supports revenue upside and long‑term growth expectations. Take-Two Raises Guidance
• Positive Sentiment: Major product catalyst: coverage highlights that GTA VI is slated to launch this year — a high‑profile release that could materially boost sales, engagement and recurring monetization. Can TTWO Beat the Market?
• Neutral Sentiment: Analyst support remains strong despite a small Wells Fargo price‑target cut (from $301 to $295); the analyst community still skews bullish with an above‑market average target. That provides a valuation cushion but also shows varied upside estimates. Wells Fargo PT Change
• Neutral Sentiment: Positive momentum and stock‑style coverage (Zacks/Yahoo) are calling TTWO a momentum stock, which can attract trend‑driven flows but also amplify moves on news. Momentum Coverage
• Negative Sentiment: Large insider selling by CEO Strauss Zelnick: filings show he sold 52,054 shares on Mar 2 and another 7,946 on Mar 3 at ~\$214 — a notable reduction in his stake that often pressures sentiment and can trigger short‑term selling. Zelnick Form 4
• Negative Sentiment: Unusual options activity: a spike in put buying (about 9,524 puts, ~21% above average) indicates increased hedging or outright bearish positioning by traders, which can add downside pressure to the stock.
• Negative Sentiment: Other insider sales (Daniel Emerson and small others) add to the near‑term supply narrative, reinforcing investor caution despite long‑term catalysts. Emerson Form 4

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.