GameStop (GME) CEO Cohen Ryan Buys $23M of Stock

Cohen Ryan, the President, CEO, and Chairman of GameStop Corp. (NYSE: GME), bought 844,130 shares on October 13, 2026. This purchase is valued at around $22.8 million, with an average share price of $26.98. The stock was trading at $26.96 on the day of publication, indicating a steady interest in the company's performance.

Inside Cohen Ryan's Trade

Cohen Ryan's recent acquisition adds significant weight to his stake in GameStop. With this transaction, he increases his holdings, reflecting confidence in the company's direction. The substantial share purchase suggests that Ryan sees potential value in the current market conditions for GameStop.

Other Institutional Activity in GameStop

Several institutional investors have also engaged with GameStop recently. Blackrock Inc. grew its stake by 864,735 shares, totaling 36,745,852 shares worth about $989.6 million. Vanguard Capital Management LLC added 127,525 shares, raising its total to 18,345,342 shares valued at approximately $494 million. State Street Corporation increased its holdings by 405,816 shares, bringing its total to 13,048,055 shares worth about $351.4 million.

GameStop Corp. Stock Down 0.7%

GameStop’s stock is currently trading close to its 52-week high of $28.30, a notable recovery from its 52-week low of $17.79. The recent price movement shows that investors are paying attention, especially in light of Ryan's recent purchase. The stock's performance at $26.96 reflects a slight dip from its previous close of $27.15.

Recent Earnings

GameStop reported revenue of $3.55 billion, though it faced an 18.7% decline compared to the previous year. The company's net margin stands at approximately 25.2%, and it has a return on equity (ROE) of about 15.8%. The next earnings report is expected on December 8, 2026, which will give further insight into the company's performance.

Insider Buying and Selling at GameStop Corp.

In addition to Ryan's purchase, several other insiders have made trades. Daniel William Moore sold 15,480 shares on October 12, 2026, at an average price of $27.00, totaling about $418,000. Mark Haymond Robinson also sold 11,178 shares on October 5, 2026, with a total value of approximately $275,000. These recent transactions show ongoing insider activity around GameStop, with Ryan's buy standing out as particularly noteworthy.

About GameStop

GameStop Corp. is a specialty retailer known for offering video games, collectibles, and related entertainment products. It operates both physical stores and an online platform, serving customers in the U.S., Australia, and Europe. Ryan Cohen’s recent buy could signal confidence in the company's strategies moving forward amidst industry challenges.

Bottom Line

Cohen Ryan's substantial purchase of GameStop shares highlights his commitment to the company. As GameStop prepares for its next earnings report on December 8, 2026, investors will be watching closely for updates on the company's financial health. This insider trade offers a glimpse into the confidence levels of those closest to the business, especially following the recent stock performance.