Insider Trading March 7, 2026

Take-Two Director Disposes $296K in Shares as Analysts Offer Mixed Readings After Strong Quarter

Michael Dornemann sold 1,390 shares while the stock trades below its year-to-date peak and some services flag an overvaluation

By Maya Rios TTWO
Take-Two Director Disposes $296K in Shares as Analysts Offer Mixed Readings After Strong Quarter
TTWO

Take-Two Interactive director Michael Dornemann sold 1,390 shares on March 5, 2026, for $213.09 apiece, a transaction valued at $296,195. The trade occurred as the shares hovered near $211.50, down about 17% year-to-date, and after market services identified the stock as overvalued relative to its Fair Value. Analyst activity following the company’s robust quarter has been broadly positive on guidance and engagement metrics, though concerns and mixed views persist.

Key Points

  • Director Michael Dornemann sold 1,390 shares on March 5, 2026, at $213.09 per share for a total of $296,195.
  • After the sale Dornemann directly owns 21,525 shares; the stock trades near $211.50 and is down about 17% year-to-date.
  • Analyst reactions to Take-Two’s strong quarter are mixed: several firms reiterated or raised ratings and price targets while noting both improved guidance and competitive/technology risks.

Take-Two Interactive Software Inc reported an insider sale on March 5, 2026, when director Michael Dornemann sold 1,390 shares of common stock at a price of $213.09 per share. The total value of that transaction was $296,195.

The sale came as Take-Two's shares were trading around $211.50, representing a decline of roughly 17% so far this year. Market analysis from InvestingPro indicates the stock is currently trading above its calculated Fair Value and lists Take-Two among companies on its Most Overvalued list.

After completing the disposition, Dornemann continues to hold a direct stake of 21,525 shares in the company.

Take-Two has not reported a profit over the trailing twelve months. However, analyst coverage cited by InvestingPro includes forecasts that the company will return to profitability within the current year, a projection noted among eight or more additional InvestingPro tips available to subscribers.


Analyst updates following Take-Two’s quarter

In the wake of Take-Two’s strong quarterly report, a slate of brokerages issued guidance and ratings notes:

  • Benchmark reiterated a Buy rating, pointing to what it described as a decisive third-quarter beat and an upward revision to fiscal 2026 guidance. Benchmark highlighted an expected midpoint for Net Bookings of $6.7 billion, which it said exceeds consensus expectations.
  • DA Davidson kept a Buy rating with a $300 price target, citing elevated player engagement for NBA 2K26 that it says has outperformed prior editions.
  • Raymond James upgraded the stock to Strong Buy and kept a $285 price target, while noting concerns about Google’s Project Genie and broader AI tools.
  • Wells Fargo lowered its price target to $295 from $301 but maintained an Overweight rating, and provided a projection of $9.18 in non-GAAP earnings per share for fiscal 2027.
  • Wedbush reiterated an Outperform rating with a $300 price target and pointed to improvements in mobile payment technology that could reduce platform fees, particularly for Zynga’s Empires & Puzzles.

Taken together, these analyst notes reflect a mixture of optimism tied to product engagement and stronger guidance, alongside caution related to competitive and technology-driven risks.


Valuation tools and further analysis

InvestingPro’s Fair Value assessment, which places Take-Two on its Most Overvalued list, is one reference point market participants are using to evaluate the stock. The platform also promotes a Fair Value calculator that combines a mix of 17 valuation models to assess equity value and to compare Take-Two with thousands of other stocks.

For investors watching insider activity and broker commentary, the combination of an insider sale, the company’s recent operational results, and varying analyst price targets and ratings offers data points that will likely feed into near-term trading and longer-term valuation debates.

Risks

  • Market valuation risk: InvestingPro’s Fair Value assessment places Take-Two among the Most Overvalued companies, indicating potential downside if valuation compression occurs.
  • Profitability uncertainty: The company was not profitable over the last twelve months, and while analysts forecast a return to profitability this year, that outcome remains an analyst projection rather than a realized result.
  • Competitive and technology risks: Some analysts flagged concerns tied to external AI initiatives such as Google’s Project Genie and broader AI tools, and potential shifts in platform fee dynamics driven by mobile payment technology improvements.

More from Insider Trading

First Commonwealth CFO Disposes of 2,092 Shares; Company Posts Slight Q4 Beat and Positive 2026 Outlook Mar 7, 2026 Lamar Advertising CFO Disposes $173,325 in Stock Ahead of Quarter-End Mar 7, 2026 PepGen CEO Sells 5,275 Shares to Cover Tax Withholding; Market Reacts to Clinical Hold Mar 7, 2026 Five9 EVP Disposes $194,526 of Stock Under 10b5-1 Plan; Company Reports Q4 Beat and CEO Transition Mar 7, 2026 Motorola Solutions CEO Disposes $13.5M in Stock, Exercises Options for Equivalent Shares Mar 7, 2026