Red Oak Partners buys $47,629 in Motorsport Games stock By Investing.com

Red Oak Partners, LLC, a 10% owner and director of Motorsport Games Inc. (), recently acquired Class A common stock totaling $47,629. The purchases occurred over several days in late August 2026, with prices ranging from $3.90 to $3.931 per share. The stock has delivered a 37% return over the past year and currently trades at $3.88, below InvestingPro’s Fair Value of $4.76, suggesting the shares remain undervalued.

On August 27, 2026, Red Oak Partners acquired 2,146 shares at $3.90 per share for The Red Oak Fund, LP, and an additional 1,134 shares at the same price for The Red Oak Long Fund, LP. These transactions were executed in multiple trades at prices ranging from $3.895 to $3.900.

Further acquisitions took place on August 28, 2026, with 2,831 shares bought at $3.913 each for The Red Oak Fund, LP, and 1,497 shares at the same price for The Red Oak Long Fund, LP.

The buying activity concluded on August 31, 2026, with 2,979 shares purchased at $3.931 per share for The Red Oak Fund, LP, and 1,575 shares at $3.931 per share for The Red Oak Long Fund, LP. The transactions on August 28 and August 31 were executed in multiple trades at prices ranging from $3.880 to $3.950. According to InvestingPro, management has been aggressively buying back shares, with the company maintaining a GREAT financial health score. For deeper insights, MSGM is among 1,400+ US stocks covered by comprehensive Pro Research Reports.

Red Oak Partners, LLC serves as the general partner for both The Red Oak Fund, LP and The Red Oak Long Fund, LP, which are the direct owners of the securities. David Sandberg is the managing member of Red Oak Partners, LLC and the portfolio manager for both funds. Red Oak Partners, LLC disclaims beneficial ownership of the reported securities, except to the extent of its pecuniary interest.

In other recent news, Motorsport Games Inc. reported a significant increase in revenue for the first half of 2026, with a 74% rise from the previous year, reaching $7.6 million. The company’s gross profit improved to $6.4 million, resulting in a gross margin of 84.7%, up from 78.8% in the first half of 2025. This marks the sixth consecutive quarter of positive operating income for Motorsport Games. Additionally, the company’s RaceControl platform saw its annual recurring revenue increase to $2.9 million, compared to $1.2 million for the full year of 2025. The game Le Mans Ultimate achieved notable sales milestones, surpassing 500,000 base game units sold and 1.2 million downloadable content pieces since its launch. Despite these positive developments, Motorsport Games did not provide specific quarterly earnings per share or revenue guidance. The company attributes its growth to a stronger product lineup and a more disciplined cost structure. Analysts have yet to provide any recent upgrades or downgrades for Motorsport Games.

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