GameSquare (NASDAQ:GAME) Insider & Silver Ventures Ltd. Blue Acquires 144,346 Shares of Stock

GameSquare Holdings, Inc. (NASDAQ:GAME) insider & Silver Ventures Ltd. Blue bought 144,346 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were bought at an average price of $0.42 per share, for a total transaction of $60,625.32. Following the transaction, the insider owned 5,997,620 shares of the company’s stock, valued at approximately $2,519,000.40. This represents a 2.47% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

& Silver Ventures Ltd. Blue also recently made the following trade(s):

• On Tuesday, May 26th, & Silver Ventures Ltd. Blue bought 620,100 shares of GameSquare stock. The shares were bought at an average price of $0.43 per share, for a total transaction of $266,643.00.
• On Wednesday, April 22nd, & Silver Ventures Ltd. Blue bought 809,109 shares of GameSquare stock. The shares were bought at an average price of $0.58 per share, for a total transaction of $469,283.22.
• On Monday, April 27th, & Silver Ventures Ltd. Blue bought 84,552 shares of GameSquare stock. The shares were bought at an average price of $0.60 per share, for a total transaction of $50,731.20.
• On Friday, April 24th, & Silver Ventures Ltd. Blue bought 417,813 shares of GameSquare stock. The shares were bought at an average price of $0.60 per share, for a total transaction of $250,687.80.
• On Thursday, April 23rd, & Silver Ventures Ltd. Blue bought 922,890 shares of GameSquare stock. The shares were bought at an average price of $0.60 per share, for a total transaction of $553,734.00.

GameSquare Stock Performance

GameSquare stock opened at $0.41 on Thursday. The stock has a market cap of $38.19 million, a P/E ratio of -0.69 and a beta of 1.61. GameSquare Holdings, Inc. has a fifty-two week low of $0.24 and a fifty-two week high of $2.87. The firm’s fifty day moving average price is $0.39 and its 200-day moving average price is $0.41.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC increased its stake in GameSquare by 6.4% in the first quarter. Renaissance Technologies LLC now owns 605,300 shares of the entertainment company’s stock valued at $163,000 after acquiring an additional 36,200 shares during the last quarter. Virtu Financial LLC increased its stake in GameSquare by 167.6% in the fourth quarter. Virtu Financial LLC now owns 200,255 shares of the entertainment company’s stock valued at $77,000 after acquiring an additional 125,428 shares during the last quarter. XTX Topco Ltd increased its stake in GameSquare by 47.3% in the fourth quarter. XTX Topco Ltd now owns 166,692 shares of the entertainment company’s stock valued at $64,000 after acquiring an additional 53,489 shares during the last quarter. Jane Street Group LLC bought a new position in shares of GameSquare during the fourth quarter valued at about $153,000. Finally, Geode Capital Management LLC grew its stake in shares of GameSquare by 16.6% during the fourth quarter. Geode Capital Management LLC now owns 970,853 shares of the entertainment company’s stock valued at $374,000 after buying an additional 138,361 shares during the last quarter. Institutional investors own 64.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GAME. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of GameSquare in a report on Tuesday, April 21st. Wall Street Zen raised shares of GameSquare to a “hold” rating in a report on Saturday, April 25th. Finally, Zacks Research cut shares of GameSquare from a “hold” rating to a “strong sell” rating in a report on Friday, April 10th. Two analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

About GameSquare

GameSquare Inc (NASDAQ: GAME) is a digital media and marketing company focused on the global gaming and esports industries. The company operates a network of online properties and community platforms that deliver editorial content, live event coverage, and video programming to enthusiasts and consumers. GameSquare’s offerings span both traditional gaming titles and competitive esports leagues, enabling advertisers and brand partners to engage with a diverse and highly engaged audience.

Through its flagship Enthusiast Gaming network, GameSquare oversees a portfolio of more than 35 websites and digital channels, including long-standing properties such as Destructoid, The Escapist and Daily Esports.