Polar Asset Management Partners Inc. Purchases Shares of 2,000,000 GameSquare Holdings, Inc. $GAME

Polar Asset Management Partners Inc. acquired a new stake in GameSquare Holdings, Inc. (NASDAQ:GAME) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,000,000 shares of the entertainment company’s stock, valued at approximately $1,358,000. Polar Asset Management Partners Inc. owned 2.03% of GameSquare as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. XTX Topco Ltd acquired a new stake in shares of GameSquare during the second quarter worth about $38,000. B Group Inc. acquired a new position in GameSquare in the 3rd quarter worth approximately $170,000. Geode Capital Management LLC raised its position in GameSquare by 23.9% during the 2nd quarter. Geode Capital Management LLC now owns 213,914 shares of the entertainment company’s stock worth $186,000 after buying an additional 41,196 shares during the last quarter. UBS Group AG raised its position in GameSquare by 275,329.0% during the 3rd quarter. UBS Group AG now owns 1,669,100 shares of the entertainment company’s stock worth $1,133,000 after buying an additional 1,668,494 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in GameSquare by 353.8% during the 3rd quarter. Vanguard Group Inc. now owns 4,282,748 shares of the entertainment company’s stock valued at $2,908,000 after acquiring an additional 3,339,080 shares during the period. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of GameSquare in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, GameSquare has an average rating of “Sell”.

GameSquare Trading Down 1.3%

Shares of NASDAQ:GAME opened at $0.28 on Friday. GameSquare Holdings, Inc. has a 12-month low of $0.26 and a 12-month high of $2.87. The business has a 50 day moving average of $0.34 and a two-hundred day moving average of $0.51. The company has a market capitalization of $27.64 million, a PE ratio of -0.27 and a beta of 0.79.

About GameSquare

GameSquare Inc (NASDAQ: GAME) is a digital media and marketing company focused on the global gaming and esports industries. The company operates a network of online properties and community platforms that deliver editorial content, live event coverage, and video programming to enthusiasts and consumers. GameSquare’s offerings span both traditional gaming titles and competitive esports leagues, enabling advertisers and brand partners to engage with a diverse and highly engaged audience.

Through its flagship Enthusiast Gaming network, GameSquare oversees a portfolio of more than 35 websites and digital channels, including long-standing properties such as Destructoid, The Escapist and Daily Esports.