GameStop (NYSE:GME) Director Alain Attal Purchases 12,000 Shares of Stock

GameStop Corp. (NYSE:GME) Director Alain Attal purchased 12,000 shares of GameStop stock in a transaction dated Tuesday, January 20th. The shares were bought at an average price of $20.90 per share, with a total value of $250,800.00. Following the completion of the acquisition, the director directly owned 584,464 shares of the company’s stock, valued at approximately $12,215,297.60. This represents a 2.10% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

GameStop Stock Performance

Shares of GameStop stock opened at $21.11 on Wednesday. GameStop Corp. has a 1 year low of $19.93 and a 1 year high of $35.81. The firm’s 50-day moving average is $21.46 and its 200 day moving average is $22.83. The stock has a market cap of $9.46 billion, a price-to-earnings ratio of 25.75 and a beta of -1.23. The company has a debt-to-equity ratio of 0.78, a current ratio of 10.39 and a quick ratio of 9.77.

GameStop (NYSE:GME) last released its quarterly earnings data on Tuesday, December 9th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.04. The business had revenue of $821.00 million during the quarter, compared to analyst estimates of $987.29 million. GameStop had a net margin of 11.08% and a return on equity of 9.75%. GameStop’s revenue was down 4.6% compared to the same quarter last year. During the same period last year, the business earned $0.06 EPS. Sell-side analysts anticipate that GameStop Corp. will post 0.08 EPS for the current fiscal year.

Institutional Investors Weigh In On GameStop

A number of hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of GameStop by 308.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 969 shares of the company’s stock valued at $26,000 after buying an additional 732 shares during the period. City Holding Co. purchased a new stake in GameStop during the third quarter valued at $30,000. EverSource Wealth Advisors LLC lifted its holdings in GameStop by 226.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,277 shares of the company’s stock valued at $31,000 after acquiring an additional 886 shares during the period. Advisory Services Network LLC purchased a new position in GameStop in the third quarter worth about $39,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of GameStop during the 2nd quarter valued at about $45,000. 29.21% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded GameStop from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday. Two analysts have rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell” and a consensus target price of $13.50.

Key Headlines Impacting GameStop

Here are the key news stories impacting GameStop this week:

• Positive Sentiment: Ryan Cohen increased his stake to roughly 9.2% after adding ~500,000 shares, signaling renewed founder/insider confidence and possible strategic or governance influence; that disclosure prompted after‑hours buying. Article Title
• Positive Sentiment: Multiple outlets report CEO Ryan Cohen personally bought another 500k shares, reinforcing the market’s view of management conviction and likely contributing to short‑term upside. Article Title
• Positive Sentiment: Director Alain Attal bought 12,000 shares at an average ~$20.90, a small but visible insider purchase that supports management alignment with shareholders. SEC filing details available. Article Title
• Neutral Sentiment: Analysis pieces question whether experiential initiatives (example: a Silent Hill tie‑in) can materially move revenue long term — positive for brand/traffic but uncertain for near‑term earnings. Investors may view this as a potential growth lever rather than immediate proof of turnaround. Article Title
• Negative Sentiment: Reports say GameStop will close about 470 stores nationwide by month‑end, including ~30 locations in New York, citing falling sales — a sign of continued brick‑and‑mortar pressure and potential one‑time restructuring costs or lost revenue. Article Title
• Negative Sentiment: Local reporting underscores the scope of New York closures across urban and upstate markets, reinforcing the narrative of softer store sales that could pressure top‑line results until omnichannel initiatives scale. Article Title

GameStop Company Profile

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.