Insider Buying: GameStop (NYSE:GME) CEO Acquires $10,560,000.00 in Stock

GameStop Corp. (NYSE:GME) CEO Ryan Cohen acquired 500,000 shares of GameStop stock in a transaction on Tuesday, January 20th. The shares were bought at an average price of $21.12 per share, for a total transaction of $10,560,000.00. Following the purchase, the chief executive officer owned 37,847,842 shares of the company’s stock, valued at $799,346,423.04. This represents a 1.34% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

GameStop Price Performance

GME stock opened at $22.98 on Friday. The firm has a market cap of $10.30 billion, a P/E ratio of 28.03 and a beta of -1.23. The company has a debt-to-equity ratio of 0.78, a quick ratio of 9.77 and a current ratio of 10.39. GameStop Corp. has a 1 year low of $19.93 and a 1 year high of $35.81. The stock has a 50-day simple moving average of $21.56 and a 200-day simple moving average of $22.83.

GameStop (NYSE:GME) last released its quarterly earnings results on Tuesday, December 9th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.04. The firm had revenue of $821.00 million during the quarter, compared to analysts’ expectations of $987.29 million. GameStop had a return on equity of 9.75% and a net margin of 11.08%.GameStop’s quarterly revenue was down 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.06 EPS. On average, equities analysts predict that GameStop Corp. will post 0.08 earnings per share for the current fiscal year.

Institutional Investors Weigh In On GameStop

A number of institutional investors have recently modified their holdings of GME. Eastern Bank acquired a new position in GameStop in the fourth quarter worth about $74,000. Swiss Life Asset Management Ltd lifted its holdings in GameStop by 78.2% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 19,616 shares of the company’s stock worth $535,000 after buying an additional 8,606 shares during the last quarter. Danske Bank A S acquired a new position in shares of GameStop in the 3rd quarter worth approximately $87,000. Advisory Services Network LLC bought a new stake in shares of GameStop in the 3rd quarter valued at approximately $39,000. Finally, CANADA LIFE ASSURANCE Co raised its position in shares of GameStop by 0.5% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 297,807 shares of the company’s stock valued at $8,096,000 after acquiring an additional 1,385 shares in the last quarter. Institutional investors and hedge funds own 29.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered GameStop from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, January 16th. Two investment analysts have rated the stock with a Sell rating, Based on data from MarketBeat, GameStop presently has an average rating of “Sell” and an average target price of $13.50.

More GameStop News

Here are the key news stories impacting GameStop this week:

• Positive Sentiment: CEO Ryan Cohen added roughly 1.0M shares across two transactions (~$21M total), signaling strong insider confidence and prompting renewed retail interest. InsiderTrades: CEO Purchase
• Positive Sentiment: Large options flow—about 292,154 call contracts traded (~+64% vs. typical)—indicates speculative bullish positioning that can amplify near‑term moves. (Options volume reported by market summaries.)
• Positive Sentiment: Coverage and price reaction: analysts and market writeups highlighted the insider buys and sentiment shift, which helped push the stock up earlier in the week. Invezz: Price Analysis
• Neutral Sentiment: Smaller insider purchases (Director Alain Attal ~12,000 shares) add incremental governance alignment but are not material to the float. Benzinga: Alain Attal Buy
• Neutral Sentiment: Q3 results: EPS beat modestly but revenue missed and was down year‑over‑year, underlining that profitability improvements coexist with soft top‑line trends. Yahoo Finance: Q3 Highlights
• Negative Sentiment: Operational/headwind headlines: coverage points to store closures and ongoing brick‑and‑mortar retrenchment, which could mean one‑time costs and lower local traffic. Yahoo Finance: Valuation/Store Closures
• Negative Sentiment: Analyst pressure persists — Weiss Ratings recently downgraded the stock and consensus sell ratings/low average targets remain a tail risk for price if fundamentals don’t improve. Weiss Ratings

About GameStop

GameStop Corp. (NYSE:GME) is a global specialty retailer focused on video games, gaming consoles, consumer electronics and related accessories. The company operates a network of physical retail stores alongside an e-commerce platform, offering new and pre-owned products spanning the latest game software, hardware, collectibles and lifestyle merchandise. GameStop’s retail footprint is complemented by digital marketplaces for trade-ins and online purchases, as well as a membership program that provides exclusive content and rewards.

Originally founded in 1984 as Babbage’s in Dallas, Texas, the company adopted the GameStop name in 1999 following its merger with Software Etc.