GameStop (NYSE:GME) Stock: Insider Ryan Cohen Buys 844,130 Shares

Posted by Stanley Muller on Oct 15th, 2026

GameStop Corp. (NYSE:GME – Get Free Report) CEO Ryan Cohen purchased 844,130 shares of the business’s stock in a transaction that occurred on Tuesday, October 13th. The shares were purchased at an average price of $26.98 per share, for a total transaction of $22,774,627.40. Following the completion of the acquisition, the chief executive officer directly owned 42,492,652 shares in the company, valued at $1,146,451,750.96. The trade was a 2.03% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Ryan Cohen also recently made the following trade(s):

On Friday, October 2nd, Ryan Cohen acquired 700,000 shares of GameStop stock. The stock was purchased at an average cost of $24.41 per share, for a total transaction of $17,087,000.00.
On Tuesday, September 29th, Ryan Cohen acquired 450,000 shares of GameStop stock. The stock was purchased at an average cost of $23.48 per share, with a total value of $10,566,000.00.
On Monday, September 21st, Ryan Cohen acquired 1,150,680 shares of GameStop stock. The stock was purchased at an average cost of $22.94 per share, with a total value of $26,396,599.20.
On Thursday, September 10th, Ryan Cohen bought 1,000,000 shares of GameStop stock. The shares were acquired at an average price of $20.38 per share, with a total value of $20,380,000.00.

GameStop Stock Down 0.1%

Shares of NYSE:GME opened at $27.18 on Thursday. The firm has a market capitalization of $13.71 billion, a PE ratio of 17.88 and a beta of 1.63. The business has a 50 day simple moving average of $21.32 and a two-hundred day simple moving average of $22.07. GameStop Corp. has a 1 year low of $17.79 and a 1 year high of $28.22. The company has a debt-to-equity ratio of 0.68, a current ratio of 8.72 and a quick ratio of 8.07.

GameStop (NYSE:GME – Get Free Report) last issued its quarterly earnings results on Tuesday, September 8th. The company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. GameStop had a return on equity of 13.57% and a net margin of 25.16%. The firm had revenue of $790.20 million for the quarter, compared to the consensus estimate of $756.85 million. During the same period in the prior year, the business posted $0.31 earnings per share. The company’s revenue for the quarter was down 18.7% on a year-over-year basis.

GameStop News Roundup

Here are the key news stories impacting GameStop this week:

Positive Sentiment: CEO Ryan Cohen bought 844,130 shares worth approximately $22.8 million, including 777,000 shares at $27.00 and 67,130 at $26.75. His ownership rose by about 2% to more than 42.49 million shares. Ryan Cohen buys GameStop shares
Positive Sentiment: Investors responded favorably to the purchase, sending GameStop to its highest level in roughly 15 months and supporting a rally of about 52% from its late-August low. Reports also indicate GameStop insiders have bought nearly $99 million of stock since September. GameStop reaches a 15-month high
Positive Sentiment: A bullish operating thesis points to stronger profitability, a 130% year-over-year increase in adjusted EBITDA, a 22% adjusted EBITDA margin, collectibles growth, and at least $650 million in fiscal 2026 EBITDA guidance. GameStop EBITDA analysis
Neutral Sentiment: The rally has occurred without a clearly identified new fundamental catalyst beyond Cohen’s buying, retail enthusiasm, and momentum. Cohen also reportedly encouraged investors to bet against him on a podcast, adding uncertainty to the near-term narrative. Ryan Cohen comments and share purchase
Negative Sentiment: GameStop insider Daniel Moore sold 15,480 shares for approximately $418,000 under a pre-arranged Rule 10b5-1 plan. While the sale is relatively small and planned in advance, it contrasts with Cohen’s buying and may create modest selling pressure. GameStop insider sale
Negative Sentiment: Analysts remain cautious: the consensus rating is Hold, and one analysis argued that the rapid advance has made GME’s valuation and risk-reward profile less attractive despite operational improvements. GameStop valuation analysis

Analysts Set New Price Targets

A number of research firms have weighed in on GME. Wall Street Zen lowered GameStop from a “buy” rating to a “hold” rating in a research note on Monday, September 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of GameStop in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, GameStop currently has a consensus rating of “Hold”.

View Our Latest Analysis on GameStop

Institutional Investors Weigh In On GameStop

Several large investors have recently added to or reduced their stakes in GME. WINTON GROUP Ltd bought a new stake in GameStop during the 2nd quarter valued at $5,111,000. Sterling Investment Advisors Ltd. grew its position in shares of GameStop by 33.8% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 18,316 shares of the company’s stock worth $404,000 after buying an additional 4,627 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of GameStop during the second quarter valued at $1,866,000. AlphaGrep UK Ltd purchased a new position in shares of GameStop during the second quarter valued at $708,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of GameStop in the second quarter valued at about $2,578,000. 29.21% of the stock is owned by hedge funds and other institutional investors.

About GameStop

(Get Free Report)

GameStop Corp. is a multichannel retailer focused on video game products and related entertainment merchandise. The company sells new and pre-owned video game hardware, software, accessories and consumer electronics through its retail stores and e-commerce websites. Its product offerings include gaming consoles, controllers, headsets, games and other equipment for major platforms.

GameStop also sells collectibles, apparel, toys, trading cards and other products connected to video games and popular culture.