Silver Point buys 620,000 ADS of Studio City International Holdings stock

Published on 10/02/2026 at 19:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Silver Point bought 620,000 ADS. Studio City International Holdings stock posted USD 164.56 million second-quarter revenue, below USD 190.12 million.

MSC, US86389T1060, Illustration mit AI erstellt.

Studio City International Holdings (US86389T1060) drew fresh attention after Silver Point-managed funds purchased 620,000 American Depositary Shares through September 30, 2026. The filings show purchases at USD 0.80, USD 0.85 and USD 0.88 per ADS, giving the transaction a clear numerical scale.

Silver Point builds its position

According to StockTitan, the Form 4 filing dated September 30, 2026 records 410,000 ADS purchased on September 28, 59,000 on September 29 and 151,000 on September 30. Each ADS can be converted into four Class A ordinary shares, so the filing represents 2.48 million underlying ordinary shares.

The transaction was reported by Silver Point Capital, L.P. and related reporting persons identified as directors and ten-percent owners. The purchases provide a concrete ownership signal, although the filing itself does not establish the fund's investment rationale or predict the company's operating results.

Revenue trails consensus in June quarter

Studio City reported USD 164.56 million of revenue for the second quarter of 2026, versus a USD 190.12 million consensus estimate. That shortfall was USD 25.56 million, or 13.44 percent of the consensus figure, while an adjusted loss of USD 0.08 per share compared with an estimated loss of USD 0.42 per share.

InsiderTrades reported the second-quarter comparison on September 26, 2026. The figures create a mixed operating picture: revenue missed the estimate, while the adjusted per-share loss was narrower than expected.

Resort model remains capital intensive

The company operates Studio City, an integrated gaming, hotel, retail and entertainment resort in Cotai, Macau. Its investor-relations page describes 2,493 luxury hotel rooms, approximately 38,500 square meters of retail space and a 5,000-seat live performance arena, making non-gaming amenities a material part of the operating model.

That asset base helps explain why revenue comparisons alone do not settle the investment case. The second-quarter operating profit was USD 14.98 million, down from USD 28.04 million in the first quarter of 2026, while consolidated net income moved from USD 3.13 million to a USD 17.07 million loss over the same periods.

NYSE quote and market value

On the NYSE, Studio City was trading at USD 0.96 on October 2, 2026 at 2:05 p.m. EDT, versus a previous close of USD 0.92. The 52-week range was USD 0.75 to USD 4.91, and market capitalization was USD 184.8 million on the same date.