Motorsport Games (NASDAQ:MSGM) Major Shareholder Red Oak Partners, Llc Buys 19,709 Shares

Motorsport Games Inc. (NASDAQ:MSGMGet Free Report) major shareholder Red Oak Partners, Llc acquired 19,709 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was purchased at an average price of $4.00 per share, for a total transaction of $78,836.00. Following the completion of the purchase, the insider directly owned 315,461 shares in the company, valued at $1,261,844. This trade represents a 6.66% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Red Oak Partners, Llc also recently made the following trade(s):

  • On Monday, August 17th, Red Oak Partners, Llc bought 10,404 shares of Motorsport Games stock. The shares were acquired at an average cost of $3.87 per share, for a total transaction of $40,263.48.
  • On Thursday, July 2nd, Red Oak Partners, Llc acquired 12,737 shares of Motorsport Games stock. The shares were bought at an average price of $4.14 per share, for a total transaction of $52,731.18.
  • On Wednesday, July 1st, Red Oak Partners, Llc purchased 3,200 shares of Motorsport Games stock. The shares were bought at an average price of $4.07 per share, for a total transaction of $13,024.00.
  • On Tuesday, June 30th, Red Oak Partners, Llc bought 27,744 shares of Motorsport Games stock. The shares were purchased at an average cost of $3.95 per share, for a total transaction of $109,588.80.

Motorsport Games Trading Down 1.0%

Shares of MSGM stock opened at $3.95 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.32 and a current ratio of 1.85. Motorsport Games Inc. has a 52-week low of $2.11 and a 52-week high of $5.56. The company has a market capitalization of $16.47 million, a PE ratio of 9.19, a price-to-earnings-growth ratio of 0.53 and a beta of 1.71. The business’s fifty day moving average is $4.28 and its 200 day moving average is $4.16.

Motorsport Games (NASDAQ:MSGMGet Free Report) last announced its earnings results on Friday, August 14th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.17. The business had revenue of $3.54 million during the quarter, compared to analyst estimates of $2.90 million. Motorsport Games had a net margin of 16.15% and a return on equity of 41.13%. On average, equities research analysts anticipate that Motorsport Games Inc. will post 0.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on MSGM. Zacks Research raised Motorsport Games to a “hold” rating in a research note on Wednesday, July 1st. Wall Street Zen downgraded shares of Motorsport Games from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 7th. Finally, Weiss Ratings upgraded shares of Motorsport Games from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 10th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Motorsport Games has an average rating of “Hold”.

Read Our Latest Stock Report on Motorsport Games

Institutional Trading of Motorsport Games

A number of institutional investors and hedge funds have recently modified their holdings of the business. XTX Topco Ltd bought a new stake in shares of Motorsport Games in the fourth quarter worth $34,000. HRT Financial LP bought a new position in Motorsport Games in the fourth quarter valued at about $37,000. State Street Corp purchased a new position in Motorsport Games in the fourth quarter worth about $39,000. Dimensional Fund Advisors LP purchased a new position in Motorsport Games in the third quarter worth about $46,000. Finally, Renaissance Technologies LLC grew its stake in shares of 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 purchasing an additional 8,400 shares during the period. Institutional investors own 1.66% of the company’s stock.

Motorsport Games News Summary

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

  • Positive Sentiment: Major shareholder increased stake: Red Oak Partners purchased 19,709 shares at an average of $4.00 on August 18, following a 10,404-share purchase at $3.87 on August 17. The two transactions increased its direct holdings to 315,461 shares, suggesting confidence from a significant shareholder. The purchases were disclosed in an SEC insider transaction filing
  • Positive Sentiment: Sidoti raised multiple earnings forecasts: Analyst A. Soderstrom increased estimates for Q3 2026 EPS to $0.08 from $0.06, FY2026 EPS to $0.30 from $0.23, and FY2027 EPS to $0.81 from $0.74. Estimates were also raised for Q4 2026 to $0.10, Q1 2027 to $0.12, Q2 2027 to $0.13, Q3 2027 to $0.25, and Q4 2027 to $0.32. These revisions indicate expectations for stronger profitability and may be supporting the stock’s increased trading interest.
  • Neutral Sentiment: Small-cap volatility remains a consideration: With a market capitalization of roughly $16.5 million and a beta of 1.71, MSGM can react sharply to relatively small changes in analyst estimates or shareholder activity. Sidoti’s forecasts are company-specific estimates rather than a broad analyst-consensus upgrade, so investors may continue to focus on upcoming operating results for confirmation.

Motorsport Games Company Profile

(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).

Further Reading

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

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