Motorsport Games (NASDAQ:MSGM) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Motorsport Games (NASDAQ:MSGMFree Report) to a hold rating in a research note issued to investors on Wednesday,Zacks.com reports.

Several other research analysts have also recently weighed in on the stock. Wall Street Zen cut shares of Motorsport Games from a “strong-buy” rating to a “buy” rating in a report on Sunday, June 7th. 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. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

Check Out Our Latest Stock Report on MSGM

Motorsport Games Stock Performance

MSGM opened at $4.31 on Wednesday. The company’s 50-day simple moving average is $4.29 and its two-hundred day simple moving average is $3.90. The stock has a market capitalization of $17.99 million, a P/E ratio of 3.68, a P/E/G ratio of 0.71 and a beta of 1.70. Motorsport Games has a 52-week low of $2.11 and a 52-week high of $5.56.

Insider Activity at Motorsport Games

In other Motorsport Games news, major shareholder Red Oak Partners, Llc acquired 27,744 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average price of $3.95 per share, with a total value of $109,588.80. Following the transaction, the insider directly owned 285,611 shares in the company, valued at approximately $1,128,163.45. The trade was a 10.76% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Mike Zoi sold 904,395 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $4.11, for a total transaction of $3,717,063.45. Following the sale, the insider directly owned 254,453 shares of the company’s stock, valued at approximately $1,045,801.83. The trade was a 78.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.59% of the company’s stock.

Hedge Funds Weigh In On Motorsport Games

A number of institutional investors have recently bought and sold shares of MSGM. Dimensional Fund Advisors LP purchased 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 fourth quarter worth about $39,000. HRT Financial LP purchased a new stake in Motorsport Games in the fourth quarter worth about $37,000. XTX Topco Ltd bought a new position in shares of Motorsport Games in the fourth quarter worth about $34,000. Finally, Renaissance Technologies LLC raised its stake in shares of Motorsport Games by 43.8% in 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. 1.66% of the stock is owned by institutional investors.

Motorsport Games News Summary

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

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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

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