Insider Buying: Motorsport Games (NASDAQ:MSGM) Major Shareholder Purchases $109,588.80 in Stock

Motorsport Games Inc. (NASDAQ:MSGM) major shareholder Red Oak Partners, Llc purchased 27,744 shares of the business’s stock in a transaction on Tuesday, June 30th. The shares were purchased at an average cost of $3.95 per share, for a total transaction of $109,588.80. Following the transaction, the insider owned 285,611 shares of the company’s stock, valued at $1,128,163.45. This trade represents 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 more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Motorsport Games Price Performance

MSGM stock opened at $4.31 on Friday. The company has a market cap of $17.97 million, a price-to-earnings ratio of 3.68, a price-to-earnings-growth ratio of 0.75 and a beta of 1.70. Motorsport Games Inc. has a 12 month low of $2.11 and a 12 month high of $5.56. The company has a fifty day moving average price of $4.30 and a 200 day moving average price of $3.91.

Trending Headlines about Motorsport Games

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.

Hedge Funds Weigh In On Motorsport Games

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

Wall Street Analyst Weigh In

A number of brokerages have commented on MSGM. Weiss Ratings downgraded shares of Motorsport Games from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, June 25th. Zacks Research raised shares of Motorsport Games to a “hold” rating in a research note on Wednesday. Finally, Wall Street Zen downgraded 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 given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.

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).