Playstudios CFO Peterson sells $23,750 in shares

PLAYSTUDIOS, Inc. (NASDAQ:MYPS), a gaming company currently trading near its 52-week low of $0.90, saw its Chief Financial Officer Scott Edward Peterson, through the Scott E Peterson Trust, sell 25,000 shares of Class A Common Stock on September 10, 2025, according to a new SEC filing. The shares were sold at a weighted average price ranging from $0.95165 to $0.9589, for a total transaction value of $23,750. According to InvestingPro analysis, the stock appears undervalued despite a 48.66% decline year-to-date.

Following the transaction, Peterson’s trust directly holds 551,421 shares of PLAYSTUDIOS, Inc. Class A Common Stock. Peterson also has indirect ownership of 84,416 shares held by his spouse.

Additionally, the report details Peterson’s holdings in derivative securities, including 333,334 Restricted Stock Units, 250,001 Restricted Stock Units, 250,000 Performance Stock Units, 67,974 Stock Options (exercise price $1.01), 67,971 Stock Options (exercise price $1.44), 12,840 Earnout Shares, and 50,518 Earnout Shares held by Scott E Peterson Trust.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 29, 2024, which is scheduled to terminate on September 12, 2025. The plan allows for the sale of up to 134,201 shares of Class A Common Stock.

In other recent news, Playstudios Inc. reported its second-quarter earnings for 2025, showing a revenue decline of 18.3% from the previous year, bringing in $59 million. This figure fell short of the analysts’ forecast, which anticipated revenue of $61.63 million. The company’s earnings per share matched expectations, posting a loss of $0.02. Despite the revenue shortfall, the company’s stock price remained relatively stable. There were no significant changes in stock ratings from analysts, nor any major corporate actions like mergers reported. The company’s financial results reflect a challenging quarter, yet the market response was muted. Investors and analysts will likely continue to monitor Playstudios’ performance closely in the coming quarters.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.