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Explain this story: Insider Selling: Take-Two Interactive Software (NASDAQ:TTWO) Director Sells $2,023,900.00 in Stock
Take-Two Interactive Software director William Gordon sold 10,000 shares of the company's stock for over $2 million, reducing his stake by nearly 17.5%. This transaction, executed under a pre-arranged Rule 10b5-1 plan, comes as Take-Two's shares recently traded down and the company missed EPS expectations in its latest quarterly report, despite revenue exceeding forecasts. Analysts maintain a "Moderate Buy" rating with a target price of $298.89, with institutional investors holding a significant portion of the stock, buoyed by anticipation for the upcoming GTA VI launch.
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Take-Two Interactive Software director William Gordon sold 10,000 shares of the company's stock for over $2 million, reducing his stake by nearly 17.5%. This transaction, executed under a pre-arranged Rule 10b5-1 plan, comes as Take-Two's shares recently traded down and the company missed EPS expectations in its latest quarterly report, despite revenue exceeding forecasts. Analysts maintain a "Moderate Buy" rating with a target price of $298.89, with institutional investors holding a significant portion of the stock, buoyed by anticipation for the upcoming GTA VI launch.
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Published Oct 1, 2026, 17:19 ET · on this site +1h 6m