Motorsport Games Inc. (NASDAQ:MSGM – Get Free Report) major shareholder Red Oak Partners, Llc bought 27,744 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was bought at an average price of $3.95 per share, for a total transaction of $109,588.80. Following the completion of the purchase, the insider directly 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 purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Motorsport Games Trading Up 5.1%
Shares of Motorsport Games stock traded up $0.21 on Thursday, hitting $4.31. 82,718 shares of the company traded hands, compared to its average volume of 84,779. The company has a market cap of $17.97 million, a PE ratio of 3.68 and a beta of 1.70. The stock’s 50 day moving average price is $4.29 and its 200-day moving average price is $3.89. Motorsport Games Inc. has a 52 week low of $2.11 and a 52 week high of $5.56.
Key Stories Impacting Motorsport Games
Here are the key news stories impacting Motorsport Games this week:
- Positive Sentiment: Sidoti raised/updated its outlook across several future periods and now sees Motorsport Games generating positive earnings in 2026 and 2027, including $0.23 EPS in FY2026 and $0.74 EPS in FY2027, which may support sentiment around the stock.
- Neutral Sentiment: The analyst also provided quarterly estimates for Q2 2026 through Q4 2027, with forecasts ranging from $0.02 to $0.29 EPS, but no new company announcement or operational update was included in the reports.
- Neutral Sentiment: An unrelated article titled “Top Esports Stocks To Watch Now – June 30th” was also listed, but it did not provide any direct new information specific to Motorsport Games. Top Esports Stocks To Watch Now – June 30th
Institutional Investors Weigh In On Motorsport Games
Wall Street Analyst Weigh In
Several research analysts have issued reports on MSGM shares. Wall Street Zen cut shares of Motorsport Games from a “strong-buy” rating to a “buy” rating in a report on Sunday, June 7th. Weiss Ratings lowered shares of Motorsport Games from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.
Get Our Latest Analysis on MSGM
About Motorsport Games
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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