GameSquare (NASDAQ:GAME) Insider & Silver Ventures Ltd. Blue Acquires 84,552 Shares

GameSquare Holdings, Inc. (NASDAQ:GAME) insider & Silver Ventures Ltd. Blue purchased 84,552 shares of the business’s stock in a transaction on Monday, April 27th. The shares were bought at an average price of $0.60 per share, for a total transaction of $50,731.20. Following the acquisition, the insider owned 3,861,736 shares in the company, valued at $2,317,041.60. This trade represents a 2.24% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Friday, April 24th, & Silver Ventures Ltd. Blue purchased 417,813 shares of GameSquare stock. The shares were bought at an average price of $0.60 per share, for a total transaction of $250,687.80.
• On Thursday, April 23rd, & Silver Ventures Ltd. Blue purchased 922,890 shares of GameSquare stock. The shares were bought at an average price of $0.60 per share, for a total transaction of $553,734.00.

GameSquare Price Performance

Shares of NASDAQ GAME opened at $0.56 on Tuesday. GameSquare Holdings, Inc. has a 1-year low of $0.24 and a 1-year high of $2.87. The company has a market cap of $53.25 million, a price-to-earnings ratio of -1.01 and a beta of 0.82. The stock’s 50-day moving average is $0.33 and its two-hundred day moving average is $0.44.

GameSquare (NASDAQ:GAME) last released its quarterly earnings data on Wednesday, April 8th. The entertainment company reported ($0.04) EPS for the quarter. GameSquare had a negative net margin of 60.09% and a negative return on equity of 54.32%. The business had revenue of $18.46 million during the quarter. Equities research analysts anticipate that GameSquare Holdings, Inc. will post -0.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

GAME has been the topic of a number of recent analyst reports. Zacks Research downgraded GameSquare from a “hold” rating to a “strong sell” rating in a report on Friday, April 10th. Weiss Ratings reiterated a “sell (e+)” rating on shares of GameSquare in a report on Tuesday, April 21st. Finally, Wall Street Zen upgraded GameSquare to a “hold” rating in a report on Saturday. Two investment analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Trading of GameSquare

Large investors have recently made changes to their positions in the company. XTX Topco Ltd acquired a new stake in shares of GameSquare in the 2nd quarter valued at about $38,000. Virtu Financial LLC boosted its position in shares of GameSquare by 167.6% in the 4th quarter. Virtu Financial LLC now owns 200,255 shares of the entertainment company’s stock valued at $77,000 after purchasing an additional 125,428 shares during the period. Geode Capital Management LLC boosted its position in shares of GameSquare by 23.9% in the 2nd quarter. Geode Capital Management LLC now owns 213,914 shares of the entertainment company’s stock valued at $186,000 after purchasing an additional 41,196 shares during the period. B Group Inc. acquired a new stake in shares of GameSquare in the 3rd quarter valued at about $170,000. Finally, Jane Street Group LLC acquired a new stake in shares of GameSquare in the 4th quarter valued at about $153,000. 64.25% of the stock is owned by institutional investors and hedge funds.

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.