& Silver Ventures Ltd. Blue Purchases 620,100 Shares of GameSquare (NASDAQ:GAME) Stock

GameSquare Holdings, Inc. (NASDAQ:GAME) insider & Silver Ventures Ltd. Blue purchased 620,100 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was purchased at an average cost of $0.43 per share, for a total transaction 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 approximately $2,516,907.82. The trade was a 11.85% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

& 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 shares were bought 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 shares were bought 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 shares were bought 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 shares were bought 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 shares were bought at an average price of $0.60 per share, with a total value of $553,734.00.

GameSquare Trading Up 1.3%

Shares of NASDAQ:GAME traded up $0.01 on Wednesday, hitting $0.41. 1,314,957 shares of the company were exchanged, compared to its average volume of 5,444,777. GameSquare Holdings, Inc. has a 1-year low of $0.24 and a 1-year high of $2.87. The stock’s 50 day moving average price is $0.39 and its 200 day moving average price is $0.41. The firm has a market capitalization of $38.19 million, a P/E ratio of -0.69 and a beta of 1.61.

Analyst Ratings Changes

GAME has been the subject of several research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of GameSquare in a research note on Tuesday, April 21st. Wall Street Zen upgraded shares of GameSquare to a “hold” rating in a research note on Saturday, April 25th. Finally, Zacks Research downgraded shares of GameSquare from a “hold” rating to a “strong sell” rating in a research report on Friday, April 10th. Two analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. XTX Topco Ltd acquired a new position in GameSquare during the second quarter valued at $38,000. Virtu Financial LLC lifted its position in GameSquare by 167.6% during the fourth 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. Jane Street Group LLC acquired a new position in GameSquare during the fourth quarter valued at $153,000. Renaissance Technologies LLC lifted its position in 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 period. Finally, B Group Inc. acquired a new position in GameSquare during the third quarter valued at $170,000. 64.25% of the stock is currently 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.