GameStop (NYSE:GME) Insider Sells $417,960.00 in Stock

GameStop Corp. (NYSE:GME) insider Daniel Moore sold 15,480 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $27.00, for a total value of $417,960.00. Following the completion of the sale, the insider directly owned 92,348 shares of the company’s stock, valued at $2,493,396. This trade represents a 14.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Daniel William Moore also recently made the following trade(s):

• On Thursday, October 1st, Daniel Moore sold 7,297 shares of GameStop stock. The shares were sold at an average price of $24.26, for a total value of $177,025.22.

GameStop Price Performance

Shares of NYSE:GME opened at $28.04 on Friday. The stock’s 50 day moving average is $21.50 and its 200-day moving average is $22.11. GameStop Corp. has a twelve month low of $17.79 and a twelve month high of $28.30. The company has a quick ratio of 8.07, a current ratio of 8.72 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $14.15 billion, a price-to-earnings ratio of 20.89 and a beta of 1.63.

GameStop (NYSE:GME) last announced its quarterly earnings results on Tuesday, September 8th. The company reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. GameStop had a net margin of 25.16% and a return on equity of 13.57%. The business had revenue of $790.20 million during the quarter, compared to analyst estimates of $756.85 million. During the same quarter in the previous year, the business posted $0.31 EPS. GameStop’s quarterly revenue was down 18.7% on a year-over-year basis.

Wall Street Analyst Weigh In

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

GameStop News Summary

Here are the key news stories impacting GameStop this week:

• Positive Sentiment: Ryan Cohen bought 844,130 GME shares—67,130 at $26.75 and 777,000 at $27.00—raising his holdings to roughly 42.49 million shares. The purchase is being interpreted as a strong signal of confidence in GameStop’s long-term strategy. Ryan Cohen buys over 844,000 shares
• Positive Sentiment: Reported insider purchases have totaled nearly $99 million since September, helping fuel retail-investor enthusiasm around a possible “GME 2.0” rally and supporting the stock’s recent momentum. GME insider buying and weekly gains
• Positive Sentiment: Investors are also citing improving profitability, higher adjusted EBITDA guidance and growth in collectibles, although these operational claims are not the immediate trigger for the move.
• Neutral Sentiment: Cohen’s reported comments encouraging investors to bet against GameStop contrast sharply with his stock purchases, creating uncertainty over whether the remarks were commentary, humor or a deliberate challenge to short sellers. Ryan Cohen comments and stock purchase
• Negative Sentiment: Insider Daniel Moore sold 15,480 shares worth approximately $418,000 under a pre-arranged Rule 10b5-1 plan. The sale is relatively small compared with Cohen’s purchase but underscores that insider activity is not uniformly bullish. GameStop insider sale
• Negative Sentiment: GameStop’s prior reported revenue declined 18.7% year over year, and the stock’s rapid advance increases valuation and reversal risk. Analysts remain broadly neutral, with a consensus Hold rating.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GME. Signal Advisors Wealth LLC increased its stake in GameStop by 1.2% in the 1st quarter. Signal Advisors Wealth LLC now owns 63,056 shares of the company’s stock valued at $1,453,000 after buying an additional 724 shares during the last quarter. Wealthfront Advisers LLC lifted its position in shares of GameStop by 3.2% during the 1st quarter. Wealthfront Advisers LLC now owns 25,935 shares of the company’s stock worth $598,000 after buying an additional 800 shares in the last quarter. KBC Group NV boosted its stake in shares of GameStop by 12.9% in the 1st quarter. KBC Group NV now owns 13,024 shares of the company’s stock worth $300,000 after buying an additional 1,489 shares during the last quarter. State of Michigan Retirement System boosted its stake in shares of GameStop by 1.8% in the 1st quarter. State of Michigan Retirement System now owns 99,200 shares of the company’s stock worth $2,286,000 after buying an additional 1,800 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in shares of GameStop by 11.3% in the first quarter. Kestra Advisory Services LLC now owns 18,359 shares of the company’s stock valued at $423,000 after acquiring an additional 1,863 shares in the last quarter. 29.21% of the stock is currently owned by hedge funds and other institutional investors.

GameStop Company Profile

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.