Take-Two Falls as GTA VI Leak Overhang Appears to Pressure Sentiment

Take-Two Interactive Software (TTWO) is down 6.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be renewed investor concern around recent Grand Theft Auto VI gameplay leaks and the risk that unwanted footage disrupts the game’s tightly managed marketing cycle ahead of launch. This could also be a case of profit-taking, as the stock has been trading largely on very high expectations for GTA VI and any fresh uncertainty can hit sentiment hard.

Details:

Rockstar Games publicly addressed leaked GTA VI gameplay in late August, calling the situation painful for the team and confirming the game is still scheduled for November 19, 2026.

Take-Two’s latest quarterly filing and earnings materials kept GTA VI at the center of fiscal 2027 expectations, reinforcing how important the title is to bookings and investor confidence.

The company did not raise its full-year outlook in its August earnings update, even while highlighting very strong early interest in GTA VI, leaving little room for disappointment as launch approaches.

With the release now closer, unexpected headlines tied to leaks, distribution, or monetization can create outsized moves because the stock’s valuation already reflects major success from the title.

Sources:

SEC, Rockstar Games, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TTWO Insider Trading Activity

$TTWO insiders have traded $TTWO stock on the open market 67 times in the past 6 months. Of those trades, 0 have been purchases and 67 have been sales.

Here’s a breakdown of recent trading of $TTWO stock by insiders over the last 6 months:

STRAUSS ZELNICK (Chairman, CEO) has made 0 purchases and 33 sales selling 378,969 shares for an estimated $86,029,905.
KARL SLATOFF (President) has made 0 purchases and 14 sales selling 249,327 shares for an estimated $56,228,879.
DANIEL P EMERSON (Chief Legal Officer) has made 0 purchases and 5 sales selling 39,592 shares for an estimated $8,665,765.
LAINIE GOLDSTEIN (Chief Financial Officer) sold 31,060 shares for an estimated $6,821,086
MICHAEL DORNEMANN has made 0 purchases and 2 sales selling 2,541 shares for an estimated $545,985.
WILLIAM B GORDON sold 2,500 shares for an estimated $521,725
ELLEN F SIMINOFF has made 0 purchases and 6 sales selling 1,081 shares for an estimated $251,050.
JON J MOSES has made 0 purchases and 2 sales selling 1,000 shares for an estimated $229,912.
LAVERNE EVANS SRINIVASAN sold 373 shares for an estimated $85,547
MICHAEL SHERESKY has made 0 purchases and 2 sales selling 258 shares for an estimated $59,708.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$TTWO Hedge Fund Activity

We have seen 622 institutional investors add shares of $TTWO stock to their portfolio, and 534 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JPMORGAN CHASE & CO added 11,034,093 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,758,302,568
TIGER GLOBAL MANAGEMENT LLC removed 4,029,908 shares (-69.0%) from their portfolio in Q2 2026, for an estimated $1,007,396,401
INVESCO LTD. added 3,885,711 shares (+159.0%) to their portfolio in Q2 2026, for an estimated $971,350,035
D. E. SHAW & CO., INC. removed 1,691,689 shares (-72.9%) from their portfolio in Q2 2026, for an estimated $422,888,416
1832 ASSET MANAGEMENT L.P. removed 1,648,200 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $412,017,036
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,420,005 shares (+inf%) to their portfolio in Q2 2026, for an estimated $354,972,849
CITADEL ADVISORS LLC added 1,247,044 shares (+222.4%) to their portfolio in Q2 2026, for an estimated $311,736,059

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TTWO Congressional Stock Trading

Members of Congress have traded $TTWO stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $TTWO stock by members of Congress over the last 6 months:

REPRESENTATIVE THOMAS H. KEAN, JR. sold up to $15,000 on 04/21.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$TTWO Analyst Ratings

Wall Street analysts have issued reports on $TTWO in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BTIG issued a "Buy" rating on 06/24/2026
Wells Fargo issued a "Overweight" rating on 05/22/2026

To track analyst ratings and price targets for $TTWO, check out Quiver Quantitative's $TTWO forecast page.

$TTWO Price Targets

Multiple analysts have issued price targets for $TTWO recently. We have seen 6 analysts offer price targets for $TTWO in the last 6 months, with a median target of $291.0.

Here are some recent targets:

Alec Brondolo from Wells Fargo set a target price of $289.0 on 07/07/2026
Clark Lampen from BTIG set a target price of $293.0 on 07/02/2026
Brian Pitz from BMO Capital set a target price of $285.0 on 06/25/2026
Omar Dessouky from B of A Securities set a target price of $368.0 on 06/23/2026
Wyatt Swanson from DA Davidson set a target price of $300.0 on 06/15/2026
James Callahan from Piper Sandler set a target price of $280.0 on 06/02/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.