GameSquare (NASDAQ:GAME) Insider Buys $266,643.00 in Stock

GameSquare Holdings, Inc. (NASDAQ:GAME) insider & Silver Ventures Ltd. Blue acquired 620,100 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average price of $0.43 per share, with a total value of $266,643.00. Following the completion of the acquisition, the insider directly owned 5,853,274 shares of the company’s stock, valued at $2,516,907.82. This represents a 11.85% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

& Silver Ventures Ltd. Blue also recently made the following trade(s):

• On Wednesday, May 27th, & Silver Ventures Ltd. Blue acquired 144,346 shares of GameSquare stock. The stock was purchased at an average price of $0.42 per share, with a total value of $60,625.32.
• On Wednesday, April 22nd, & Silver Ventures Ltd. Blue acquired 809,109 shares of GameSquare stock. The stock was purchased at an average price 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 stock was purchased at an average price 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 stock was purchased at an average price 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 stock was purchased at an average price of $0.60 per share, with a total value of $553,734.00.

GameSquare Price Performance

GAME opened at $0.41 on Friday. The business’s 50-day moving average is $0.40 and its two-hundred day moving average is $0.41. GameSquare Holdings, Inc. has a 1 year low of $0.24 and a 1 year high of $2.87. The firm has a market capitalization of $38.52 million, a PE ratio of -0.70 and a beta of 1.61.

Institutional Investors Weigh In On GameSquare

A number of large investors have recently modified their holdings of GAME. XTX Topco Ltd purchased a new stake in shares of GameSquare during the second quarter worth about $38,000. Virtu Financial LLC grew its stake in shares of GameSquare by 167.6% during the fourth quarter. Virtu Financial LLC now owns 200,255 shares of the entertainment company’s stock worth $77,000 after acquiring an additional 125,428 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of GameSquare during the fourth quarter worth about $153,000. Renaissance Technologies LLC grew its stake 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 worth $163,000 after acquiring an additional 36,200 shares during the last quarter. Finally, B Group Inc. purchased a new stake in shares of GameSquare during the third quarter worth about $170,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on GAME. Zacks Research lowered GameSquare from a “hold” rating to a “strong sell” rating in a research note on Friday, April 10th. Weiss Ratings reiterated a “sell (e+)” rating on shares of GameSquare in a research note on Tuesday, April 21st. Finally, Wall Street Zen upgraded GameSquare to a “hold” rating in a research note on Saturday, April 25th. Two equities research analysts have rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

GameSquare Company Profile

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.