Red Oak Partners, LLC, 10% Owner at Motorsport Games Inc. (MSGM), bought 27,744 shares at $3.95 ($110K) on 2026-06-30, disclosed to the SEC on 2026-07-02.
Red Oak Partners, a 10% holder, purchased 17,879 shares at $3.95, marking the largest insider purchase in the company's history. This move comes as the stock trades near its 52-week low of $2.105, potentially signaling a contrarian bet on the gaming developer's turnaround.
The stock is currently trading at $4.16, sitting 24.23% below its 52-week high of $5.49 but 97.62% above its 52-week low of $2.105, reflecting a volatile 39.6% gain over the past year.
The trade is flagged as the largest insider purchase ever, signaling potential conviction in the stock's recovery from its 52-week low of $2.105.
The stock faces risk from recent earnings disappointment, where Q1 earnings declined year-over-year despite a 129% revenue surge, causing an 11.6% post-earnings drop. Additionally, the stock has a short interest of 4.66% of the float, which could pressure the price if the recovery thesis falters.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $3.95 | 9,865 | $39K | 35.6% |
| 2 | $3.95 | 17,879 | $71K | 64.4% |
| Total | $3.95 avg | 27,744 | $110K | 100% |
| Filing → |
| MSGM | BUY | 2026-08-24 | $109K | — | Filing → |
| MSGM | BUY | 2026-08-19 | $119K | — | Filing → |
| MSGM | BUY | 2026-07-06 | $66K | — | Filing → |