GameStop Chairman Ryan Cohen Discloses $10.5M Open Market Purchase of 500,000 Shares
GME is trading near its 52-week low of $19.93 (5.7% above the low).
Summary
GameStop Chairman Ryan Cohen reported an open market purchase of 500,000 shares for over $10.5 million, increasing his beneficial ownership to 9.2%.
Key Events · Ownership and Investor Activity · GME
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Chairman's Significant Share Purchase
Ryan Cohen, Chairman of GameStop, purchased 500,000 shares of Class A Common Stock on the open market.
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Substantial Personal Investment
The shares were acquired at a weighted average price of $21.1174 per share, totaling approximately $10.56 million.
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Increased Beneficial Ownership
Following this transaction, Mr. Cohen beneficially owns 41,582,626 shares, representing approximately 9.2% of the company's outstanding Class A Common Stock.
Analysis · GME · Trade & Services
This Schedule 13D/A filing indicates a significant vote of confidence from GameStop's Chairman, Ryan Cohen. His substantial open market purchase of over $10.5 million in company stock demonstrates strong conviction in the company's future prospects. Such a large personal investment by a key executive is often viewed positively by investors, signaling alignment of interests and potential undervaluation.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 35.7% of the 1872 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.01%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GME was trading at $21.06 on NYSE in the Trade & Services sector, with a market capitalization of approximately $9.5B. The 52-week trading range was $19.93 to $35.81. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.