Take-Two Interactive Software Inc. (TTWO) has been experiencing notable actions recently. The company's CEO and President Karl Slatoff sold 216,661 shares of stock, while Daniel P. Emerson sold a further 27,056 shares. Despite these sell-offs, multiple financial institutions including Wealth Enhancement Advisory Services, Mackenzie Financial Corp, GAMMA Investing, and the Czech National Bank, among others, acquired more shares of the company's stock. The video game publisher has reported a mixture of results, missing expectations for FY 2025 earnings per share (EPS), but reporting strong net bookings for Q4. The company recently raised $1.0 billion in equity and has plans for a $1 billion public offering of common stock while pursuing acquisitions. The company's projected strong bookings growth could be driven by an innovative game pipeline. Despite a delay in 'Grand Theft Auto VI' release, investor faith in TTWO remains mostly robust, though Wall Street Zen lowered their rating for TTWO to 'Sell'. Lastly, TTWO's recently proposed public stock offering has been reported as multiple times oversubscribed according to Bloomberg.
Take-Two Interactive Software TTWO News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 07 Jun 2025 15:59:56 GMT -
Rating 1
- Innovation 7
- Information 5
- Rumor -3
