GameStop CEO Cohen buys shares worth nearly $23 million
The purchase was a discretionary open-market buy, and analysts say insider buying often signals confidence that a stock is undervalued.
- On Tuesday, GameStop CEO Ryan Cohen filed a regulatory disclosure reporting two open-market purchases of GameStop Class A stock totaling about $22.8 million, raising his ownership stake to 9.1%.
- These discretionary trades occurred the same day Cohen appeared on The Pomp Podcast, where he characterized his GameStop investment as a "screw up" while telling listeners to "Bet against us."
- Cohen purchased 844,130 shares near the stock's 52-week high, continuing a trend of aggressive buying that BeInCrypto reports has totaled $97 million since September 10.
- Despite his buying, Cohen faces execution risks regarding a potential EBay acquisition, which EBay previously rejected as "neither credible nor attractive," creating dilution concerns.
- While Cohen frames his strategy as achieving "greatness" when facing "no exit hatch," analysts note his conviction guarantees no specific returns, with future 8-K filings serving as key monitors.
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GameStop (NYSE: GME) CEO Ryan Cohen Spends $97 Million Buying Company Shares As Stock Nears 52-Week Highs
GameStop (NYSE: GME) CEO, Chairman, and President Ryan Cohen purchased 844,130 shares of the company’s Class A common stock on October 13, 2026, spending approximately $22.8 million in open-market transactions. Cohen paid between $26.75 and $27 per share for the October 13 purchases, using the same public exchange available to any retail investor rather than […]
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GameStop CEO Cohen buys shares worth nearly $23 million
Oct 13 : GameStop CEO Ryan Cohen bought about $22.8 million worth of the videogame retailer's shares, a regulatory filing showed on Tuesday, raising his total ownership to 9.1 per cent. Here are more details:• Cohen bought 844,130 shares between $26.75 and $27 apiece, increasing his stake to 46.2 mil
GameStop (GME) Could Be 57% Undervalued On Cohen Buying And eBay Bid Talk
GameStop (GME) is back in focus after CEO Ryan Cohen bought 844,130 additional shares on 13 October 2026, a US$22.8 million purchase that lifted his stake to roughly 9.1%. At a share price of US$27.15, GameStop has logged a 31.67% year to date share price return, while the 3 year total shareholder return of 98.33% and 5 year total shareholder return decline of 40.45% underline how volatile the ride has been. The recent 25.58% 30 day share price return, supported by a 10.46% 7 day move and a...
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