Red Oak Partners, Llc Acquires 27,744 Shares of Motorsport Games (NASDAQ:MSGM) Stock

Motorsport Games Inc. (NASDAQ:MSGMGet Free Report) major shareholder Red Oak Partners, Llc purchased 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 of the company’s stock, valued at $1,128,163.45. The trade was a 10.76% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Motorsport Games Stock Performance

MSGM stock opened at $4.31 on Friday. The stock has a market cap of $17.97 million, a P/E ratio of 3.68, a PEG ratio of 0.75 and a beta of 1.70. Motorsport Games Inc. has a twelve month low of $2.11 and a twelve month high of $5.56. The company’s 50 day moving average is $4.30 and its two-hundred day moving average is $3.91.

Institutional Trading of Motorsport Games

Several institutional investors and hedge funds have recently bought and sold shares of the business. XTX Topco Ltd acquired a new stake in Motorsport Games during the 4th quarter worth $34,000. HRT Financial LP acquired a new position in Motorsport Games in the fourth quarter valued at $37,000. State Street Corp purchased a new stake in shares of Motorsport Games in the fourth quarter valued at about $39,000. Dimensional Fund Advisors LP purchased a new stake in shares of Motorsport Games in the third quarter valued at about $46,000. Finally, Renaissance Technologies LLC boosted its stake in shares of Motorsport Games by 43.8% during the first quarter. Renaissance Technologies LLC now owns 27,600 shares of the company’s stock worth $113,000 after buying an additional 8,400 shares during the period. Hedge funds and other institutional investors own 1.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on MSGM shares. Wall Street Zen cut shares of Motorsport Games from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 7th. Weiss Ratings lowered Motorsport Games from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 25th. Finally, Zacks Research upgraded Motorsport Games to a “hold” rating in a research report on Wednesday. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Read Our Latest Report on Motorsport Games

Motorsport Games News Summary

Here are the key news stories impacting Motorsport Games this week:

  • Positive Sentiment: Red Oak Partners bought 27,744 shares of Motorsport Games, signaling insider confidence and increasing its ownership by 10.76%. SEC filing
  • Positive Sentiment: Zacks Research upgraded Motorsport Games (NASDAQ: MSGM) to hold, improving the stock’s analyst backdrop. Tickerreport.com
  • Neutral Sentiment: Sidoti released earnings estimates for 2026 and 2027 that imply improving profitability, but these are projections and not confirmed operating results.

About Motorsport Games

(Get Free Report)

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).

Featured Stories

Insider Buying and Selling by Quarter for Motorsport Games (NASDAQ:MSGM)

Receive News & Ratings for Motorsport Games Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorsport Games and related companies with MarketBeat.com's FREE daily email newsletter.