Motorsport Games (NASDAQ:MSGM – Get Free Report) was upgraded by Zacks Research to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.
Other research analysts have also recently issued reports about the stock. Weiss Ratings cut 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 report on Sunday, June 7th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Motorsport Games currently has an average rating of “Reduce”.
Get Our Latest Stock Report on MSGM
Motorsport Games Stock Up 5.1%
Insider Buying and Selling
In related news, major shareholder Mike Zoi sold 904,395 shares of the firm’s stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $4.11, for a total value of $3,717,063.45. Following the completion of the transaction, the insider owned 254,453 shares of the company’s stock, valued at approximately $1,045,801.83. This trade represents a 78.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Red Oak Partners, Llc acquired 27,744 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was purchased at an average cost of $3.95 per share, with a total value of $109,588.80. Following the purchase, the insider directly owned 285,611 shares in the company, valued at approximately $1,128,163.45. This trade represents a 10.76% increase in their position. The disclosure for this purchase is available in the SEC filing. 4.59% of the stock is owned by insiders.
Institutional Trading of Motorsport Games
Several large investors have recently added to or reduced their stakes in MSGM. Dimensional Fund Advisors LP acquired a new position in Motorsport Games during the third quarter valued at $46,000. State Street Corp purchased a new stake in Motorsport Games in the 4th quarter worth about $39,000. HRT Financial LP acquired a new stake in Motorsport Games during the 4th quarter worth about $37,000. XTX Topco Ltd acquired a new stake in Motorsport Games during the 4th quarter worth about $34,000. Finally, Renaissance Technologies LLC grew its stake in Motorsport Games by 43.8% during the 1st quarter. Renaissance Technologies LLC now owns 27,600 shares of the company’s stock valued at $113,000 after acquiring an additional 8,400 shares in the last quarter. 1.66% of the stock is owned by institutional investors and hedge funds.
Motorsport Games News Roundup
Here are the key news stories impacting Motorsport Games this week:
- Positive Sentiment: Major shareholder Red Oak Partners bought 27,744 shares at an average of $3.95, increasing its stake by 10.76%; insider buying is often viewed as a vote of confidence in the company’s outlook. SEC filing
- Positive Sentiment: Sidoti raised attention on MSGM by publishing earnings estimates that point to improving profitability in 2026 and 2027, including projected EPS of $0.23 for FY2026 and $0.74 for FY2027, which can support a more constructive valuation view.
- Neutral Sentiment: Sidoti also provided quarterly EPS estimates for Q2 2026 through Q4 2027, reinforcing that analysts see a gradual earnings ramp, but these are still forecasts rather than confirmed results.
Motorsport Games Company Profile
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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