& Silver Ventures Ltd. Blue Purchases 144,346 Shares of GameSquare (NASDAQ:GAME) Stock

GameSquare Holdings, Inc. (NASDAQ:GAME) insider & Silver Ventures Ltd. Blue bought 144,346 shares of the stock in a transaction on Wednesday, May 27th. The shares were acquired at an average cost of $0.42 per share, with a total value of $60,625.32. Following the purchase, the insider owned 5,997,620 shares of the company’s stock, valued at approximately $2,519,000.40. This represents a 2.47% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

& Silver Ventures Ltd. Blue also recently made the following trade(s):

• On Tuesday, May 26th, & Silver Ventures Ltd. Blue bought 620,100 shares of GameSquare stock. The shares were acquired at an average cost of $0.43 per share, with a total value of $266,643.00.
• On Wednesday, April 22nd, & Silver Ventures Ltd. Blue bought 809,109 shares of GameSquare stock. The shares were acquired at an average cost of $0.58 per share, with a total value of $469,283.22.
• On Monday, April 27th, & Silver Ventures Ltd. Blue bought 84,552 shares of GameSquare stock. The shares were acquired at an average cost of $0.60 per share, with a total value of $50,731.20.
• On Friday, April 24th, & Silver Ventures Ltd. Blue bought 417,813 shares of GameSquare stock. The shares were acquired at an average cost of $0.60 per share, with a total value of $250,687.80.
• On Thursday, April 23rd, & Silver Ventures Ltd. Blue bought 922,890 shares of GameSquare stock. The shares were acquired at an average cost of $0.60 per share, with a total value of $553,734.00.

GameSquare Trading Up 1.0%

NASDAQ:GAME opened at $0.41 on Friday. The stock has a market cap of $38.59 million, a P/E ratio of -0.70 and a beta of 1.61. The stock’s 50-day moving average is $0.39 and its 200-day moving average is $0.41. GameSquare Holdings, Inc. has a 1-year low of $0.24 and a 1-year high of $2.87.

Wall Street Analyst Weigh In

GAME has been the subject of several recent research reports. Wall Street Zen raised GameSquare to a “hold” rating in a research note on Saturday, April 25th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of GameSquare in a research note on Tuesday, April 21st. Finally, Zacks Research downgraded GameSquare from a “hold” rating to a “strong sell” rating in a research note on Friday, April 10th. Two analysts have rated the stock with a Sell rating, According to MarketBeat, GameSquare currently has an average rating of “Sell”.

Institutional Trading of GameSquare

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. XTX Topco Ltd acquired a new position in GameSquare in the second quarter valued at approximately $38,000. Virtu Financial LLC boosted its holdings in shares of GameSquare by 167.6% during the 4th quarter. Virtu Financial LLC now owns 200,255 shares of the entertainment company’s stock worth $77,000 after buying an additional 125,428 shares in the last quarter. Jane Street Group LLC bought a new position in shares of GameSquare during the 4th quarter worth approximately $153,000. Renaissance Technologies LLC boosted its holdings in shares of GameSquare by 6.4% during the 1st quarter. Renaissance Technologies LLC now owns 605,300 shares of the entertainment company’s stock worth $163,000 after buying an additional 36,200 shares in the last quarter. Finally, B Group Inc. bought a new position in shares of GameSquare during the 3rd quarter worth approximately $170,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

GameSquare Company Profile

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.