Take-Two Interactive Software (NASDAQ:TTWO) Given New $287.00 Price Target at Wells Fargo & Company

Take-Two Interactive Software (NASDAQ:TTWO) had its price objective trimmed by Wells Fargo & Company from $293.00 to $287.00 in a research report report published on Friday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Other equities research analysts also recently issued reports about the company. UBS Group increased their price objective on Take-Two Interactive Software from $292.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Zacks Research downgraded Take-Two Interactive Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Benchmark reissued a “buy” rating on shares of Take-Two Interactive Software in a research note on Friday. Wedbush reissued an “outperform” rating and issued a $300.00 price objective on shares of Take-Two Interactive Software in a research note on Tuesday, March 3rd. Finally, Raymond James Financial raised Take-Two Interactive Software from an “outperform” rating to a “strong-buy” rating and set a $285.00 price objective for the company in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Take-Two Interactive Software presently has an average rating of “Moderate Buy” and an average price target of $287.53.

Take-Two Interactive Software Trading Down 4.4%

Shares of NASDAQ TTWO opened at $227.55 on Friday. Take-Two Interactive Software has a 12 month low of $187.63 and a 12 month high of $264.79. The company has a market cap of $42.14 billion, a price-to-earnings ratio of -140.46, a P/E/G ratio of 3.61 and a beta of 0.97. 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 business has a fifty day simple moving average of $211.92 and a 200-day simple moving average of $225.87.

Insider Transactions at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 413 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $207.66, for a total transaction of $85,763.58. Following the completion of the sale, the director directly owned 2,000 shares of the company’s stock, valued at $415,320. This trade represents a 17.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel P. Emerson sold 810 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $213.47, for a total value of $172,910.70. Following the sale, the insider directly owned 124,191 shares of the company’s stock, valued at $26,511,052.77. This trade represents a 0.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 64,724 shares of company stock valued at $13,866,155 over the last 90 days. Company insiders own 1.34% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. MCF Advisors LLC bought a new position in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $25,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at approximately $26,000. GHP Investment Advisors Inc. bought a new position in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $28,000. Essential Partners LLC raised its stake in shares of Take-Two Interactive Software by 333.3% in the 1st quarter. Essential Partners LLC now owns 169 shares of the company’s stock valued at $33,000 after acquiring an additional 130 shares in the last quarter. Finally, Rachor Investment Advisory Services LLC bought a new position in shares of Take-Two Interactive Software in the 4th quarter valued at approximately $34,000. 95.46% of the stock is owned by institutional investors.

More Take-Two Interactive Software News

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

• Positive Sentiment: Take-Two beat fiscal Q4 estimates, with stronger-than-expected net bookings, revenue growth, and a narrower loss, while also confirming that Grand Theft Auto VI remains on track for a Nov. 19 release. Article Title
• Positive Sentiment: Wedbush and other analysts highlighted the confirmed GTA VI launch timeline and broad portfolio strength, reinforcing long-term confidence in the stock despite near-term volatility. Article Title
• Neutral Sentiment: Wells Fargo trimmed its price target slightly to $287 from $293 but kept an overweight rating, suggesting continued upside expectations for TTWO. Article Title
• Neutral Sentiment: Unusually large call-option activity showed traders positioning for volatility, likely driven by the GTA VI announcement and earnings release.
• Negative Sentiment: Investors focused on management’s fiscal 2027 bookings guidance of about $8.0 billion to $8.2 billion, which came in below Wall Street expectations and appears to be the main reason the stock is declining. Article Title
• Negative Sentiment: The softer outlook also weighed on sentiment even as the company raised expectations for FY2027 EPS, because revenue and bookings guidance are what matter most for near-term valuation. Article Title

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.