DA Davidson Reiterates Buy Rating on Take-Two Interactive
DA Davidson maintains its buy rating for Take-Two Interactive with a $300 price target.
Key Points
- DA Davidson reiterated its buy rating for Take-Two Interactive Software, Inc. (NasdaqGS: TTWO) with a price target of $300 on June 15, 2026.
- Shares of Take-Two Interactive traded at $211.75, with a market cap of $39.31 billion and a forward P/E ratio of 21.0.
- Insiders, including top executives, sold shares recently, while analysts maintain a strong buy consensus with a mean target price of $279.11.
DA Davidson reiterated its buy rating for Take-Two Interactive Software, Inc. (NasdaqGS: TTWO) on June 15, 2026. The firm's analyst, Wyatt Swanson, set a price target of $300, signaling continued confidence in the company's prospects.
Other Institutional Activity in Take-Two Interactive
BlackRock, Inc. grew its holdings by 293,237 shares, ending with 19,214,813 shares worth about $3.79 billion. State Street Corp added 617,645 shares, bringing its total to 12,020,623 shares valued at approximately $2.37 billion. Meanwhile, Saudi Electronic Games Holding Co maintained its position with 11,414,680 shares valued at $2.25 billion. Vanguard Capital Management LLC established a new position with 11,380,147 shares worth $2.25 billion. JPMorgan Chase & Co trimmed its holdings by 104,624 shares, resulting in 9,937,591 shares valued at $1.92 billion.
Take-Two Interactive Stock Snapshot
Shares of Take-Two Interactive (NasdaqGS: TTWO) traded near $211.75. The company has a market cap of $39.31 billion and a forward P/E ratio of 21.0, with a beta of 0.982. The stock's 52-week range is between $187.63 and $264.79, with a 50-day moving average of $217.53 and a 200-day moving average of $231.02. The current ratio stands at 1.24, with a quick ratio of 1.1 and a debt-to-equity ratio of 84.26.
Insider Buying and Selling at Take-Two Interactive Software, Inc.
Recent insider transactions include several executives selling shares. On June 8, 2026, Chief Legal Officer Daniel Emerson sold 8,840 shares at an average price of $214 under a planned sale. President Karl Slatoff sold 40,358 shares at $216.09 on June 3, 2026, also under a planned sale. CFO Lainie Goldstein sold 31,060 shares at $219.61 on June 2, 2026, in a planned transaction.
Analysts Set New Price Targets
On June 15, 2026, DA Davidson maintained its buy rating for Take-Two Interactive with a $300 price target. Earlier, on June 2, 2026, Piper Sandler initiated coverage with a buy rating and a $280 target. Wells Fargo, on May 22, 2026, maintained its buy rating with a target of $287. The consensus among analysts is a strong buy, with a mean target price of $279.11 from 29 analyst opinions.
About Take-Two Interactive Software, Inc.
Take-Two Interactive Software, Inc., based in New York, develops and publishes interactive entertainment products worldwide. Known for titles like Grand Theft Auto and Red Dead Redemption, it operates in the electronic gaming and multimedia industry. The company offers games across various genres and platforms, including consoles, PCs, and mobile devices. Led by CEO Strauss Zelnick, Take-Two employs over 12,000 people.
Bottom Line
DA Davidson's reiteration of its buy rating for Take-Two Interactive reflects ongoing optimism about the company's future. With a strong lineup of games and a robust market position, analysts remain bullish on TTWO, even as insider selling activity occurs. As always, investors should keep in mind that analyst ratings and 13F filings are backward-looking indicators.
See Also
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