& Silver Ventures Ltd. Blue Buys 620,100 Shares of GameSquare (NASDAQ:GAME) Stock

GameSquare Holdings, Inc. (NASDAQ:GAME) insider & Silver Ventures Ltd. Blue acquired 620,100 shares of GameSquare stock in a transaction that occurred on Tuesday, May 26th. The shares were purchased at an average price of $0.43 per share, for a total transaction of $266,643.00. Following the transaction, the insider directly owned 5,853,274 shares in the company, valued at $2,516,907.82. The trade was a 11.85% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Wednesday, May 27th, & Silver Ventures Ltd. Blue acquired 144,346 shares of GameSquare stock. The shares were purchased at an average price of $0.42 per share, for a total transaction of $60,625.32.
• On Wednesday, April 22nd, & Silver Ventures Ltd. Blue acquired 809,109 shares of GameSquare stock. The shares were purchased at an average price of $0.58 per share, for a total transaction of $469,283.22.
• On Monday, April 27th, & Silver Ventures Ltd. Blue acquired 84,552 shares of GameSquare stock. The shares were purchased at an average price of $0.60 per share, for a total transaction of $50,731.20.
• On Friday, April 24th, & Silver Ventures Ltd. Blue acquired 417,813 shares of GameSquare stock. The shares were purchased at an average price of $0.60 per share, for a total transaction of $250,687.80.
• On Thursday, April 23rd, & Silver Ventures Ltd. Blue bought 922,890 shares of GameSquare stock. The shares were bought at an average cost of $0.60 per share, for a total transaction of $553,734.00.

GameSquare Trading Up 1.0%

Shares of GAME opened at $0.41 on Friday. The company has a market capitalization of $38.59 million, a PE ratio of -0.70 and a beta of 1.61. GameSquare Holdings, Inc. has a 12 month low of $0.24 and a 12 month high of $2.87. The stock’s 50-day moving average price is $0.39 and its two-hundred day moving average price is $0.41.

Wall Street Analysts Forecast Growth

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

Institutional Trading of GameSquare

Several institutional investors and hedge funds have recently modified their holdings of GAME. Vanguard Group Inc. raised its stake in shares of GameSquare by 353.8% in the third quarter. Vanguard Group Inc. now owns 4,282,748 shares of the entertainment company’s stock worth $2,908,000 after purchasing an additional 3,339,080 shares during the last quarter. Polar Asset Management Partners Inc. purchased a new stake in shares of GameSquare in the third quarter worth approximately $1,358,000. UBS Group AG raised its stake in shares of GameSquare by 275,329.0% in the third quarter. UBS Group AG now owns 1,669,100 shares of the entertainment company’s stock worth $1,133,000 after purchasing an additional 1,668,494 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of GameSquare in the fourth quarter worth approximately $153,000. Finally, B Group Inc. purchased a new stake in shares of GameSquare in the third quarter worth approximately $170,000. 64.25% of the stock is owned by hedge funds and other institutional investors.

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.