Motorsport Games Inc. (NASDAQ:MSGM – Get Free Report) major shareholder Red Oak Partners, Llc acquired 27,744 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were bought at an average price of $3.95 per share, for a total transaction of $109,588.80. Following the purchase, the insider owned 285,611 shares in the company, valued at approximately $1,128,163.45. This represents a 10.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Motorsport Games Trading Up 5.1%
NASDAQ MSGM opened at $4.31 on Friday. Motorsport Games Inc. has a 12 month low of $2.11 and a 12 month high of $5.56. The stock has a 50 day moving average of $4.29 and a 200-day moving average of $3.90. The company has a market cap of $17.99 million, a PE ratio of 3.68, a PEG ratio of 0.71 and a beta of 1.70.
Institutional Investors Weigh In On Motorsport Games
Several hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC increased its holdings in shares of Motorsport Games by 43.8% in the first quarter. Renaissance Technologies LLC now owns 27,600 shares of the company’s stock valued at $113,000 after purchasing an additional 8,400 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Motorsport Games during the 4th quarter worth about $34,000. HRT Financial LP acquired a new stake in shares of Motorsport Games during the 4th quarter worth about $37,000. State Street Corp bought a new stake in shares of Motorsport Games during the 4th quarter worth about $39,000. Finally, Dimensional Fund Advisors LP acquired a new position in Motorsport Games in the 3rd quarter valued at about $46,000. Institutional investors and hedge funds own 1.66% of the company’s stock.
Analyst Ratings Changes
View Our Latest Analysis on Motorsport Games
Key Motorsport Games News
Here are the key news stories impacting Motorsport Games this week:
- Positive Sentiment: Major shareholder Red Oak Partners bought 27,744 shares at an average of $3.95, increasing its stake by 10.76%; insider buying is often viewed as a vote of confidence in the company’s outlook. SEC filing
- Positive Sentiment: Sidoti raised attention on MSGM by publishing earnings estimates that point to improving profitability in 2026 and 2027, including projected EPS of $0.23 for FY2026 and $0.74 for FY2027, which can support a more constructive valuation view.
- Neutral Sentiment: Sidoti also provided quarterly EPS estimates for Q2 2026 through Q4 2027, reinforcing that analysts see a gradual earnings ramp, but these are still forecasts rather than confirmed results.
Motorsport Games Company Profile
Motorsport Games, Inc is a publicly traded developer and publisher of interactive motorsport entertainment, headquartered in Miami, Florida. The company specializes in creating officially licensed racing simulation titles and managing associated esports competitions. By focusing exclusively on the motorsport genre, Motorsport Games aims to deliver authentic digital experiences that mirror the rules, tracks and vehicles of real-world racing series.
The company’s core activities include the development of video games under licenses from major sanctioning bodies such as NASCAR, the Fédération Internationale de l’Automobile (FIA) and International Motor Sports Association (IMSA).
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