Ryan Cohen buys more shares in GameStop stock
Published on 10/05/2026 at 13:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ryan Cohen purchased 446,500 GameStop shares at USD 23.48 each on September 29, 2026, according to StockTitan. A second transaction covered 3,500 shares at USD 23.45, bringing Cohen's direct beneficial ownership to 44.7 million shares, including warrants, or 8.8 percent of the company.
Insider buying meets stronger margins
The purchase followed GameStop's second-quarter report for the 13 weeks ended August 1, 2026. GameStop reported net sales of USD 790.2 million, down from USD 972.2 million in the prior-year quarter, a decline of 18.73 percent.
The earnings mix was more profitable. Operating income reached USD 160.2 million, up from USD 66.4 million, while net income rose to USD 298.7 million from USD 168.6 million. Adjusted EBITDA increased to USD 174.0 million from USD 75.7 million, but investment gains and digital-asset volatility remain important factors in the reported result.
Collectibles reshape the sales mix
Collectibles net sales grew 57.00 percent year over year to USD 356.3 million in the second quarter and represented 45.1 percent of total sales, compared with 23.4 percent in the prior-year quarter. Video Games generated USD 263.2 million, or 33.3 percent of sales, showing how the higher-margin category now carries greater weight.
Management also raised fiscal 2026 adjusted EBITDA outlook to more than USD 650.0 million from more than USD 600.0 million previously. The company held USD 5.4 billion in cash, marketable securities, digital assets and related receivables at August 1, 2026, while its eBay equity investment had a fair value of USD 4.9 billion.
EUR 22.33 in afternoon trading
GameStop was trading at EUR 22.33 at Lang & Schwarz on October 5, 2026 at 1:35 p.m. CEST, down 0.31 percent versus the Lang & Schwarz prior close of EUR 22.40 dated October 2, 2026. The NYSE-listed company had a market capitalization of USD 11.1 billion and a 52-week range of USD 17.79 to USD 26.88 as of October 2, 2026.
The further course of trading is shown by the continuously updated real-time quote of GameStop stock.
GameStop stock facts
- Company: GameStop Corp.
- ISIN: US36467W1099
- Ticker: GME
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 5, 2026, 1:35 p.m. CEST): EUR 22.33
- Change versus prior close: minus 0.31 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 22.40
- Market capitalization: USD 11.1 billion (as of October 2, 2026)
- 52-week range: USD 17.79-26.88 (as of October 2, 2026)
- Sector / Industry: Consumer cyclicals / specialty retail
