Motorsport Games (NASDAQ:MSGM) Major Shareholder Red Oak Partners, Llc Purchases 10,404 Shares of Stock

Motorsport Games Inc. (NASDAQ:MSGMGet Free Report) major shareholder Red Oak Partners, Llc acquired 10,404 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was acquired at an average price of $3.87 per share, for a total transaction of $40,263.48. Following the transaction, the insider directly owned 302,646 shares of the company’s stock, valued at $1,171,240.02. This represents a 3.56% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own at least 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 Tuesday, August 18th, Red Oak Partners, Llc purchased 19,709 shares of Motorsport Games stock. The stock was acquired at an average cost of $4.00 per share, with a total value of $78,836.00.
  • On Thursday, July 2nd, Red Oak Partners, Llc bought 12,737 shares of Motorsport Games stock. The stock was purchased at an average cost of $4.14 per share, for a total transaction of $52,731.18.
  • On Wednesday, July 1st, Red Oak Partners, Llc acquired 3,200 shares of Motorsport Games stock. The shares were purchased at an average cost of $4.07 per share, with a total value of $13,024.00.
  • On Tuesday, June 30th, Red Oak Partners, Llc purchased 27,744 shares of Motorsport Games stock. The stock was acquired at an average price of $3.95 per share, with a total value of $109,588.80.

Motorsport Games Stock Down 1.0%

MSGM opened at $3.95 on Thursday. The stock has a market capitalization of $16.47 million, a price-to-earnings ratio of 9.19, a PEG ratio of 0.53 and a beta of 1.71. The company has a quick ratio of 2.32, a current ratio of 1.85 and a debt-to-equity ratio of 0.23. Motorsport Games Inc. has a twelve month low of $2.11 and a twelve month high of $5.56. The firm has a 50 day moving average price of $4.28 and a 200-day moving average price of $4.16.

Motorsport Games (NASDAQ:MSGMGet Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.17. The business had revenue of $3.54 million for the quarter, compared to analysts’ expectations of $2.90 million. Motorsport Games had a net margin of 16.15% and a return on equity of 41.13%. Equities research analysts forecast that Motorsport Games Inc. will post 0.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

MSGM has been the topic of a number of recent research reports. Weiss Ratings raised Motorsport Games from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, July 10th. Zacks Research raised Motorsport Games to a “hold” rating in a research report on Wednesday, July 1st. Finally, Wall Street Zen cut Motorsport Games from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 7th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on Motorsport Games

Institutional Trading of Motorsport Games

Large investors have recently modified their holdings of the stock. XTX Topco Ltd purchased a new position in shares of Motorsport Games during the fourth quarter worth about $34,000. HRT Financial LP acquired a new stake in Motorsport Games in the fourth quarter valued at $37,000. State Street Corp purchased a new position in shares of Motorsport Games in the 4th quarter valued at about $39,000. Dimensional Fund Advisors LP purchased a new stake in Motorsport Games during the third quarter worth about $46,000. Finally, Renaissance Technologies LLC lifted its position 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 acquiring an additional 8,400 shares during the period. Hedge funds and other institutional investors own 1.66% of the company’s stock.

Key Headlines Impacting Motorsport Games

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).

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