TTWO
Wall Street’s still playing Take-Two
Take-Two Interactive is back in the spotlight, and this time it’s not because of a new game drop. MarketBeat says 19 analysts now rate TTWO a “Moderate Buy” on average, with a roughly $284.31 1-year price target attached like a hopeful sticky note on the fridge.
The analyst crowd isn’t exactly cooling off
The split behind that consensus is pretty upbeat:
- 1 sell
- 1 hold
- 16 buy
- 1 strong buy
That’s a lot of people basically saying, “Yeah, we still like the stock.” For investors, the takeaway is simple: analysts think the business has more runway, even though the stock was trading around $205.10 in the piece.
But insiders are doing the opposite
Here’s the part that adds a little spice: CEO Strauss Zelnick sold 52,054 shares at an average price of $214.40, trimming his stake by 22.56%. The story also says insiders have sold 65,293 shares, worth about $13.99 million, over the last 90 days.
That doesn’t automatically mean doom. Executives sell for all kinds of reasons. But when the analysts are waving pom-poms and the top boss is cashing out, you at least pay attention.
Big picture
This is one of those classic Wall Street split-screen moments: the sell-side still sees upside, while insider activity says management may be a little less eager to keep skin in the game at current levels. Big picture: Take-Two still has believers — but the stock isn’t exactly cruising without a few bumps in the road.