Key Points
- & Silver Ventures Ltd. Blue bought 620,100 GameSquare shares on May 26 at an average price of $0.43, worth about $266,643. The filing says the insider’s direct holdings rose to 5,853,274 shares, a 11.85% increase.
- The insider has been actively adding to its position with several recent purchases in late April and May, including buys at prices between $0.42 and $0.60 per share. These repeated transactions suggest continued insider accumulation of GameSquare stock.
- GameSquare shares were trading around $0.41 with a market cap of about $38.19 million. Analyst sentiment remains weak overall, with a consensus rating of "Sell".
GameSquare Holdings, Inc. (NASDAQ:GAME - Get Free Report) insider & Silver Ventures Ltd. Blue acquired 144,346 shares of GameSquare stock in a transaction dated Wednesday, May 27th. The shares were bought at an average cost of $0.42 per share, for a total transaction of $60,625.32. Following the completion of the purchase, the insider directly owned 5,997,620 shares of the company's stock, valued at approximately $2,519,000.40. The trade was a 2.47% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
& Silver Ventures Ltd. Blue also recently made the following trade(s):
- On Tuesday, May 26th, & Silver Ventures Ltd. Blue acquired 620,100 shares of GameSquare stock. The shares were bought at an average cost of $0.43 per share, for a total transaction of $266,643.00.
- On Wednesday, April 22nd, & Silver Ventures Ltd. Blue acquired 809,109 shares of GameSquare stock. The shares were bought at an average cost of $0.58 per share, with a total value of $469,283.22.
- On Monday, April 27th, & Silver Ventures Ltd. Blue acquired 84,552 shares of GameSquare stock. The shares were bought at an average cost of $0.60 per share, with a total value of $50,731.20.
- On Friday, April 24th, & Silver Ventures Ltd. Blue acquired 417,813 shares of GameSquare stock. The shares were bought at an average cost of $0.60 per share, with a total value of $250,687.80.
- On Thursday, April 23rd, & Silver Ventures Ltd. Blue acquired 922,890 shares of GameSquare stock. The shares were bought at an average cost of $0.60 per share, with a total value of $553,734.00.
GameSquare Stock Performance
NASDAQ:GAME opened at $0.41 on Thursday. The firm has a market cap of $38.19 million, a PE 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 business has a 50 day moving average price of $0.39 and a 200-day moving average price of $0.41.
Institutional Trading of GameSquare
Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in GameSquare by 353.8% during the 3rd quarter. Vanguard Group Inc. now owns 4,282,748 shares of the entertainment company's stock valued at $2,908,000 after acquiring an additional 3,339,080 shares in the last quarter. Polar Asset Management Partners Inc. bought a new stake in GameSquare during the 3rd quarter valued at approximately $1,358,000. UBS Group AG lifted its holdings in shares of GameSquare by 275,329.0% during the third quarter. UBS Group AG now owns 1,669,100 shares of the entertainment company's stock valued at $1,133,000 after purchasing an additional 1,668,494 shares during the last quarter. Geode Capital Management LLC lifted its holdings 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 purchasing an additional 138,361 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of GameSquare by 6.4% during the first quarter. Renaissance Technologies LLC now owns 605,300 shares of the entertainment company's stock valued at $163,000 after purchasing an additional 36,200 shares during the last quarter. 64.25% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of analysts have recently weighed in on GAME shares. Weiss Ratings reissued a "sell (e+)" rating on shares of GameSquare in a research note on Tuesday, April 21st. Wall Street Zen raised GameSquare to a "hold" rating in a research note on Saturday, April 25th. Finally, Zacks Research cut GameSquare from a "hold" rating to a "strong sell" rating in a research note on Friday, April 10th. Two investment analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of "Sell".
Read Our Latest Analysis on GameSquare
GameSquare Company Profile
(
Get Free Report)
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.
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