Pacer Advisors Inc. Sells 107,990 Shares of GameStop Corp. $GME

Posted by Francis Steltz on Aug 4th, 2026

Pacer Advisors Inc. lowered its stake in shares of GameStop Corp. (NYSE:GME – Free Report) by 9.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,004,545 shares of the company’s stock after selling 107,990 shares during the period. Pacer Advisors Inc.’s holdings in GameStop were worth $23,145,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of GameStop by 308.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 969 shares of the company’s stock valued at $26,000 after purchasing an additional 732 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in GameStop by 226.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,277 shares of the company’s stock worth $31,000 after purchasing an additional 886 shares in the last quarter. Advisory Services Network LLC purchased a new stake in GameStop during the 3rd quarter worth about $39,000. Los Angeles Capital Management LLC bought a new position in GameStop in the 4th quarter worth about $39,000. Finally, Rockefeller Capital Management L.P. boosted its stake in GameStop by 805.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,264 shares of the company’s stock worth $45,000 after purchasing an additional 2,014 shares during the period. 29.21% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Daniel William Moore sold 7,085 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $22.38, for a total value of $158,562.30. Following the sale, the insider directly owned 115,125 shares of the company’s stock, valued at $2,576,497.50. This trade represents a 5.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, General Counsel Mark Haymond Robinson sold 3,957 shares of GameStop stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $22.62, for a total transaction of $89,507.34. Following the sale, the general counsel owned 104,190 shares of the company’s stock, valued at approximately $2,356,777.80. The trade was a 3.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 18,125 shares of company stock worth $406,587 over the last ninety days. 9.50% of the stock is currently owned by insiders.

More GameStop News

Here are the key news stories impacting GameStop this week:

Positive Sentiment: The exchange would substantially reduce GameStop’s long-term debt without requiring a cash payment, potentially lowering future financial obligations and strengthening the balance sheet. The company is exchanging approximately $400 million of notes due in 2030 and $1 billion due in 2032. GameStop Announces Private Exchange of $1.4 Billion of Convertible Senior Notes for Equity
Neutral Sentiment: Options activity was unusually high, with traders purchasing 205,389 call options, about 18% above typical call volume. This indicates increased speculative interest but does not guarantee sustained buying support.
Negative Sentiment: Because noteholders will receive newly issued shares, existing shareholders face dilution. Investors are interpreting the debt-for-equity swap as shifting part of the restructuring cost to current stockholders. GameStop stock slides after $1.4B debt-for-stock swap raises dilution concerns
Negative Sentiment: GameStop warned that some participating noteholders could hedge their new equity positions by shorting GME, creating additional near-term selling pressure. GameStop Warns Its Own Noteholders Might Short GME Stock
Negative Sentiment: The stock fell toward its lowest level since August 2024 on exceptionally heavy volume, suggesting broad investor concern over dilution and possible noteholder selling rather than a purely technical move. GameStop stock sinks to lowest level since August 2024

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Wall Street Zen upgraded GameStop from a “hold” rating to a “buy” rating in a research report on Sunday, June 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of GameStop in a report on Wednesday, July 29th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on GameStop

GameStop Price Performance

Shares of NYSE GME opened at $19.05 on Tuesday. The stock’s 50-day simple moving average is $21.78 and its two-hundred day simple moving average is $22.92. GameStop Corp. has a twelve month low of $18.55 and a twelve month high of $28.10. The firm has a market capitalization of $8.55 billion, a P/E ratio of 14.43 and a beta of 1.79. The company has a quick ratio of 11.91, a current ratio of 12.40 and a debt-to-equity ratio of 0.71.

GameStop (NYSE:GME – Get Free Report) last issued its quarterly earnings results on Tuesday, June 2nd. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.14. GameStop had a return on equity of 13.75% and a net margin of 20.45%.The firm had revenue of $835.30 million during the quarter, compared to the consensus estimate of $766.63 million. During the same quarter last year, the company posted $0.17 EPS. The company’s revenue for the quarter was up 14.0% on a year-over-year basis.

GameStop Profile

(Free Report)

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.