Motorsport Games (NASDAQ:MSGM) Major Shareholder Mike Zoi Sells 904,395 Shares of Stock

Posted by Defense World Staff on Apr 28th, 2026

Motorsport Games Inc. (NASDAQ:MSGM – Get Free Report) major shareholder Mike Zoi sold 904,395 shares of the stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $4.11, for a total transaction of $3,717,063.45. Following the completion of the sale, the insider owned 254,453 shares in the company, valued at $1,045,801.83. This represents a 78.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Mike Zoi also recently made the following trade(s):

On Tuesday, March 10th, Mike Zoi sold 31,131 shares of Motorsport Games stock. The stock was sold at an average price of $4.51, for a total value of $140,400.81.
On Monday, March 9th, Mike Zoi sold 24,720 shares of Motorsport Games stock. The shares were sold at an average price of $4.84, for a total value of $119,644.80.
On Friday, March 6th, Mike Zoi sold 29,224 shares of Motorsport Games stock. The shares were sold at an average price of $4.70, for a total value of $137,352.80.
On Thursday, March 5th, Mike Zoi sold 90,900 shares of Motorsport Games stock. The stock was sold at an average price of $4.49, for a total value of $408,141.00.
On Wednesday, March 4th, Mike Zoi sold 40,535 shares of Motorsport Games stock. The stock was sold at an average price of $4.03, for a total value of $163,356.05.
On Tuesday, March 3rd, Mike Zoi sold 11,675 shares of Motorsport Games stock. The shares were sold at an average price of $3.77, for a total value of $44,014.75.
On Monday, March 2nd, Mike Zoi sold 6,500 shares of Motorsport Games stock. The shares were sold at an average price of $3.74, for a total value of $24,310.00.
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 value of $35,627.13.
On Thursday, February 26th, Mike Zoi sold 5,059 shares of Motorsport Games stock. The stock was sold at an average price of $3.52, for a total value of $17,807.68.
On Wednesday, February 25th, Mike Zoi sold 9,362 shares of Motorsport Games stock. The shares were sold at an average price of $3.58, for a total transaction of $33,515.96.

Motorsport Games Trading Down 1.7%

Shares of MSGM stock opened at $4.02 on Tuesday. The company has a market capitalization of $23.24 million, a price-to-earnings ratio of 2.79 and a beta of 1.77. The firm has a 50-day moving average price of $3.97 and a 200 day moving average price of $3.37. Motorsport Games Inc. has a twelve month low of $2.11 and a twelve month high of $5.41.

Motorsport Games (NASDAQ:MSGM – Get Free Report) last released its quarterly earnings results on Tuesday, March 10th. The company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $3.85 million for the quarter. Motorsport Games had a net margin of 61.31% and a return on equity of 129.70%.

Hedge Funds Weigh In On Motorsport Games

A number of large investors have recently modified their holdings of MSGM. Dimensional Fund Advisors LP acquired a new stake in Motorsport Games during the 3rd quarter worth approximately $46,000. State Street Corp acquired a new position in Motorsport Games during the fourth quarter valued at approximately $39,000. HRT Financial LP acquired a new position in Motorsport Games during the fourth quarter valued at approximately $37,000. Finally, XTX Topco Ltd purchased a new stake in Motorsport Games during the fourth quarter worth approximately $34,000. 1.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on MSGM shares. Wall Street Zen upgraded Motorsport Games from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Motorsport Games in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Motorsport Games presently has an average rating of “Hold”.

Check Out 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).