GAME GameSquare Holdings, Inc. Insider Trading

Blue & Silver Ventures bought 764,446 shares at $0.43 avg; stock down 85.7% from 52-week high, company unprofitable with -53.2% annual revenue decline.

Blue & Silver Ventures purchased 764,446 shares across 2 transactions totaling $328,873.07 at blended average price $0.43, increasing holdings by 14.6% to 5,997,620 shares. The timing is notable: GameSquare's stock has declined 85.7% from its 52-week high of $2.87, while fundamentals deteriorated significantly with annual revenue dropping 53.2% and the company posting a net loss of $17,704,972.00 for the latest full fiscal year against revenue of $14,503,721.00. However, Blue & Silver Ventures' prior 4 purchases at this same ticker have all posted negative 90-day returns, with the most recent April 2026 buys ranging from -21.1% to -33.0% over 90 days, indicating a consistent pattern of unfavorable entry timing at GAME specifically. The insider retains 205,716 warrants as derivative holdings alongside the non-derivative position.

Blue & Silver Ventures acquired 2,234,364 shares (2.23M) for $1,324,436.22 in 4 tranches at $0.58–$0.60, lifting stake +137.3% to 3,861,736 shares

Blue & Silver Ventures executed 4 separate purchases totaling 2,234,364 shares for $1,324,436.22 (blended average price $0.59) between April 22–27, 2026, increasing its holding by +137.3% to 3,861,736 shares post-transaction. The transaction occurred while the stock was trading -75.8% from its 52-week high of $2.31 and recently up +127.9% over the prior 30 days, suggesting acquisition at a substantially depressed absolute price level relative to recent 12-month range. GameSquare is currently unprofitable (net income $-808,443.00 for the latest quarter, full-year negative), with annual revenue contracting -53.2% year-over-year and market cap of $53,626,280.40. This large accumulation by a major insider into a loss-making company with accelerating revenue decline warrants attention to understand the strategic rationale and whether it reflects differing views on turnaround potential or other material information not yet public.

Director Gorman Jeremi purchases 65,897 shares of GAME at $0.76; holdings increase 65.9% to 165,897 shares amid -53.2% annual revenue decline and unprofitability.

Director Jeremi Gorman purchased 65,897 shares at $0.76 on 2025-09-19, expanding his holdings by 65.9% from 100,000 to 165,897 shares with a total investment of $50,081.72. The company is operationally challenged: revenue declined -53.2% year-over-year to $11,315,003 in the latest quarter, net income stands at -$808,443, and the company was unprofitable over its most recent full fiscal year. The current stock price of $0.60 sits -74.0% below the 52-week high of $2.31, suggesting significant drawdown from prior valuations. This director-level purchase of material size during a period of operational deterioration and depressed valuation merits scrutiny regarding the insider's assessment of underlying value and recovery prospects.

CEO Kenna Justin bought 10,000 shares of GAME at $1.02; stock down 76.4% from 52-week high.

CEO Kenna Justin acquired 10,000 shares at $1.02 on 2024-06-21, increasing his holdings to 115,321 shares. The purchase occurs amid significant stock deterioration—the current price of $1.00 is 76.4% below the 52-week high of $4.23, and the stock has declined 24.2% over the past 30 days and 24.8% over 90 days. The company reported a net loss of $5,260,948.00 in its most recent quarter despite quarterly revenue of $17,728,224.00 and strong full-year revenue growth of 85.2%, indicating the unprofitable position persists even as the business scales. This purchase by the CEO at depressed pricing levels warrants attention given the gap between revenue growth and operating losses, though the modest share count increase relative to holdings size suggests cautious positioning rather than aggressive accumulation.

GameSquare President Schwartz buys 10,000 shares at $1.02; stock down 76.4% from 52-week high amid -$5.3M net loss

Schwartz purchased 10,000 shares at $1.02 on 2024-06-21, increasing his holdings by 10,000 shares to 244,630 shares total. The transaction occurs in a stressed market environment: the stock trades at $1.00 (current price), representing a 76.4% decline from the 52-week high of $4.23, with a 30-day decline of 24.2% and 90-day decline of 24.8%. The company reported net income of -$5,260,948.00 for its most recent full fiscal year, indicating ongoing unprofitability despite strong 85.2% annual revenue growth to $17,728,224.00. The buy occurs during a period of significant stock weakness and persistent losses, which contextualizes the transaction within a depressed valuation environment but offers no confirmation that fundamental conditions have stabilized.