Key Points
- Mike Zoi, a major shareholder, sold 9,362 shares of Motorsport Games on Feb. 25 at an average price of $3.58, leaving him with 1,408,195 shares valued at about $5.04 million (a 0.66% reduction in his stake).
- Across Feb. 20–27 he executed multiple insider sales totaling roughly 86,852 shares for about $311,300, including a large block of 48,909 shares on Feb. 23, signaling significant insider selling activity that week.
- Motorsport Games is a small-cap name (market cap ~$22.54M) with a 1‑year range of $0.73–$5.41, an average analyst rating of "Hold," and only about 1.66% institutional ownership.
Motorsport Games Inc. (NASDAQ:MSGM - Get Free Report) major shareholder Mike Zoi sold 5,059 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $3.52, for a total value of $17,807.68. Following the transaction, the insider owned 1,403,136 shares in the company, valued at $4,939,038.72. The trade was a 0.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
Mike Zoi also recently made the following trade(s):
- On Friday, February 27th, Mike Zoi sold 9,603 shares of Motorsport Games stock. The shares were sold at an average price of $3.71, for a total transaction of $35,627.13.
- On Wednesday, February 25th, Mike Zoi sold 9,362 shares of Motorsport Games stock. The stock was sold at an average price of $3.58, for a total transaction of $33,515.96.
- On Tuesday, February 24th, Mike Zoi sold 8,960 shares of Motorsport Games stock. The shares were sold at an average price of $3.62, for a total value of $32,435.20.
- On Monday, February 23rd, Mike Zoi sold 48,909 shares of Motorsport Games stock. The stock was sold at an average price of $3.59, for a total value of $175,583.31.
- On Friday, February 20th, Mike Zoi sold 4,959 shares of Motorsport Games stock. The stock was sold at an average price of $3.29, for a total value of $16,315.11.
Motorsport Games Price Performance
Shares of NASDAQ:MSGM traded up $0.20 during trading on Friday, reaching $3.90. 66,686 shares of the stock were exchanged, compared to its average volume of 44,236. Motorsport Games Inc. has a 1-year low of $0.73 and a 1-year high of $5.41. The stock has a fifty day moving average of $3.47 and a two-hundred day moving average of $3.02. The firm has a market cap of $22.54 million, a price-to-earnings ratio of 9.75 and a beta of 1.76.
Institutional Trading of Motorsport Games
Several large investors have recently added to or reduced their stakes in the business. XTX Topco Ltd bought a new stake in Motorsport Games in the fourth quarter worth $34,000. HRT Financial LP acquired a new stake in shares of Motorsport Games in the fourth quarter worth about $37,000. State Street Corp bought a new stake in shares of Motorsport Games during the 4th quarter worth about $39,000. Dimensional Fund Advisors LP acquired a new position in shares of Motorsport Games during the 3rd quarter valued at about $46,000. Finally, Heron Bay Capital Management acquired a new position in shares of Motorsport Games during the 2nd quarter valued at about $132,000. 1.66% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research firms have recently commented on MSGM. Wall Street Zen raised shares of Motorsport Games to a "buy" rating in a research report on Saturday, January 31st. Weiss Ratings reissued a "hold (c-)" rating on shares of Motorsport Games in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Motorsport Games has an average rating of "Hold".
View Our Latest Analysis on MSGM
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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