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Director Jon J. Moses of Take-Two Interactive Software (ETR:SOWGn) Inc (NASDAQ:TTWO), a $43 billion gaming company whose stock has surged 55% over the past year, sold 1,000 shares of common stock on August 15, 2025, at prices ranging from $231.3 to $231.34, for a total value of $231,330. The transaction occurred with the stock trading near its 52-week high of $245.07.
On August 14, 2025, Moses also acquired 254 shares of common stock at no cost, pursuant to a grant of restricted common stock under the director compensation program.
Following these transactions, Moses directly owns 22,901 shares of Take-Two Interactive Software Inc.
In other recent news, Take-Two Interactive reported impressive first-quarter results for FY26, with net bookings reaching $1.423 billion, surpassing the consensus estimate of $1.310 billion. The company’s adjusted earnings per share were $0.61, significantly above the expected $0.29. This strong performance was attributed to key franchises, including NBA 2K, which saw recurring consumer spending rise by nearly 50% year-over-year. Following these results, Take-Two raised its fiscal year 2026 guidance to a range of $6.05 billion to $6.15 billion, up from the previous $5.9 billion to $6.0 billion. Analyst firms responded positively, with Benchmark increasing its price target to $275, DA Davidson to $270, and Rothschild Redburn to $260, all maintaining a Buy rating. Oppenheimer reiterated its Outperform rating with a $265 price target. These developments reflect optimism about the upcoming release of Grand Theft Auto VI, anticipated in nine months.
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