Motorsport Games Inc. (NASDAQ:MSGM – Get Free Report) major shareholder Red Oak Partners, Llc acquired 27,744 shares of the stock in a transaction dated Tuesday, June 30th. The stock was acquired at an average cost of $3.95 per share, with a total value of $109,588.80. Following the transaction, 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Motorsport Games Stock Performance
NASDAQ:MSGM traded up $0.21 during mid-day trading on Thursday, hitting $4.31. 82,718 shares of the company’s stock traded hands, compared to its average volume of 84,779. The company has a fifty day moving average of $4.29 and a 200 day moving average of $3.89. Motorsport Games Inc. has a twelve month low of $2.11 and a twelve month high of $5.56. The company has a market capitalization of $17.97 million, a P/E ratio of 3.68 and a beta of 1.70.
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 Inflows and Outflows
Analyst Ratings Changes
Several equities analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Motorsport Games from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 25th. Wall Street Zen lowered shares of Motorsport Games from a “strong-buy” rating to a “buy” rating in a research note on Sunday, June 7th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.
Read Our Latest Analysis 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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