GameStop stock gains as Ryan Cohen buys $26.4 million of shares

Published on 09/23/2026 at 11:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GameStop stock reached $23.73 on September 22, 2026, after Ryan Cohen bought 1.15 million shares. GME trades below its $28.10 yearly high.

GME, US36467W1099, Illustration mit AI erstellt.

GameStop Corp. (ISIN US36467W1099) reached USD 23.73 on September 22, 2026, after CEO Ryan Cohen bought 1,150,680 shares at a weighted average of USD 22.9375. The purchase totaled USD 26.4 million and helped lift the stock 4.3 percent during that trading session, according to XTB.

Cohen buys 1.15 million shares

The filing-related reports dated September 22, 2026, put the execution range at USD 22.76 to USD 23.02 per share. Quartz reported that Cohen's direct holding rose to approximately 40.5 million shares, representing about 9 percent of the company based on a market capitalization of roughly USD 10.2 billion.

The transaction provides a measurable comparison with the market price: Cohen's weighted average purchase price of USD 22.9375 was USD 0.1775 above GameStop's September 21, 2026, closing price of USD 22.76. The Motley Fool also listed trailing-twelve-month revenue of USD 3.6 billion and net income of USD 893.3 million as of September 21, 2026.

Stock remains below yearly high

GameStop traded at USD 23.73 on September 22, 2026, up 4.3 percent on the day and at its highest level in more than four months, according to XTB. The quoted price remained USD 4.37 below the 52-week high of USD 28.10 and USD 5.94 above the 52-week low of USD 17.79, based on market data published September 22, 2026.

The latest market context also includes a financing risk tied to the company's proposed eBay acquisition strategy. 247WallSt reported on September 22, 2026, that 59 million warrants with a USD 32 strike price were scheduled to expire on October 30, 2026, while GME traded at USD 22.76. The gap between the share price and strike price represented USD 9.24 per warrant at that reference point.

GameStop stock closes at USD 23.73

GameStop stock stood at USD 23.73 on the New York Stock Exchange on September 22, 2026, after the 4.3 percent session gain. The combination of a USD 26.4 million insider purchase, trailing-twelve-month revenue of USD 3.6 billion and net income of USD 893.3 million gives the latest move a concrete corporate and financial reference.