Ryan Cohen Acquires 500,000 Shares of GameStop (NYSE:GME) Stock

GameStop Corp. (NYSE:GME) CEO Ryan Cohen purchased 500,000 shares of the stock in a transaction dated Tuesday, January 20th. The shares were acquired at an average cost of $21.12 per share, with a total value of $10,560,000.00. Following the acquisition, the chief executive officer directly owned 37,847,842 shares in the company, valued at $799,346,423.04. This represents a 1.34% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

GameStop Stock Performance

NYSE:GME opened at $22.98 on Friday. The stock’s 50-day simple moving average is $21.56 and its 200 day simple moving average is $22.83. The firm has a market capitalization of $10.30 billion, a PE ratio of 28.03 and a beta of -1.23. The company has a quick ratio of 9.77, a current ratio of 10.39 and a debt-to-equity ratio of 0.78. GameStop Corp. has a twelve month low of $19.93 and a twelve month high of $35.81.

GameStop (NYSE:GME) last posted its earnings results on Tuesday, December 9th. The company reported $0.24 EPS 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 net margin of 11.08% and a return on equity of 9.75%. The business’s revenue for the quarter was down 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.06 earnings per share. On average, analysts anticipate that GameStop Corp. will post 0.08 EPS for the current fiscal year.

Institutional Inflows and Outflows

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

Analyst Ratings Changes

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

Key Headlines Impacting GameStop

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.