Motorsport Games Inc. (NASDAQ:MSGM – Get Free Report) major shareholder Red Oak Partners, Llc acquired 10,404 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was purchased at an average cost of $3.87 per share, with a total value of $40,263.48. Following the completion of the acquisition, the insider directly owned 302,646 shares of the company’s stock, valued at approximately $1,171,240.02. This trade represents a 3.56% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Red Oak Partners, Llc also recently made the following trade(s):
- On Tuesday, August 18th, Red Oak Partners, Llc bought 19,709 shares of Motorsport Games stock. The shares were acquired at an average price of $4.00 per share, for a total transaction of $78,836.00.
- On Thursday, July 2nd, Red Oak Partners, Llc bought 12,737 shares of Motorsport Games stock. The stock was acquired at an average cost of $4.14 per share, for a total transaction of $52,731.18.
- On Wednesday, July 1st, Red Oak Partners, Llc purchased 3,200 shares of Motorsport Games stock. The stock was acquired at an average price of $4.07 per share, with a total value of $13,024.00.
- On Tuesday, June 30th, Red Oak Partners, Llc purchased 27,744 shares of Motorsport Games stock. The shares were acquired at an average price of $3.95 per share, with a total value of $109,588.80.
Motorsport Games Stock Down 3.8%
Shares of NASDAQ:MSGM opened at $3.80 on Friday. Motorsport Games Inc. has a 1-year low of $2.11 and a 1-year high of $5.56. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.85 and a quick ratio of 2.32. The stock has a market cap of $15.85 million, a P/E ratio of 8.84, a P/E/G ratio of 0.53 and a beta of 1.71. The firm has a fifty day moving average price of $4.27 and a 200 day moving average price of $4.15.
Key Motorsport Games News
Here are the key news stories impacting Motorsport Games this week:
- Positive Sentiment: Major shareholder continues buying: Red Oak Partners purchased 10,404 shares at an average price of $3.87 on August 17 and another 19,709 shares at $4.00 on August 18. The transactions increased its direct holdings to 315,461 shares, signaling continued confidence from a significant shareholder. Red Oak Partners insider buying report
- Positive Sentiment: Sidoti raised profit estimates: Sidoti lifted its FY2026 EPS forecast to $0.30 from $0.23 and FY2027 EPS to $0.81 from $0.74. The firm also increased estimates for several quarters, including Q3 2026 EPS to $0.08 from $0.06. The revisions suggest expectations for stronger profitability and provide a potential valuation catalyst for MSGM.
- Neutral Sentiment: Recent results provide a favorable backdrop: Motorsport Games’ latest quarterly report showed EPS of $0.19 versus the $0.02 consensus estimate, while revenue of $3.54 million exceeded the $2.90 million estimate. Investors may now look for evidence that this performance can continue.
- Negative Sentiment: Small-cap risk and limited analyst support remain concerns: MSGM has a market capitalization of roughly $16 million, a beta of 1.71, and shares trading below their 50-day and 200-day moving averages. The broader analyst consensus remains “Hold,” meaning Sidoti’s upgrades have not yet translated into a broad Wall Street re-rating.
Hedge Funds Weigh In On Motorsport Games
Several institutional investors and hedge funds have recently added to or reduced their stakes in MSGM. State Street Corp purchased a new stake in shares of Motorsport Games during the 4th quarter worth $39,000. HRT Financial LP purchased a new position in shares of Motorsport Games in the 4th quarter valued at about $37,000. Dimensional Fund Advisors LP purchased a new position in shares of Motorsport Games in the 3rd quarter valued at about $46,000. XTX Topco Ltd purchased a new position in shares of Motorsport Games in the 4th quarter valued at about $34,000. Finally, Renaissance Technologies LLC lifted its stake 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 period. Institutional investors and hedge funds own 1.66% of the company’s stock.
Analysts Set New Price Targets
MSGM has been the subject of several analyst reports. Weiss Ratings raised Motorsport Games from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Wall Street Zen cut Motorsport Games from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 7th. Finally, Zacks Research upgraded Motorsport Games to a “hold” rating in a research note on Wednesday, July 1st. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Motorsport Games currently has an average rating of “Hold”.
Check Out Our Latest Report on Motorsport Games
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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