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Thursday, March 28, 2024

GameStop Update – CFO Buying

Recall our Channel Checker bear spread on GME last week. Yesterday, the CFO bought 25,000 shares of GME at an average price of $22.48. Due to the large market cap, the buy might not dramatically affect the stock, but it might be worth watching tomorrow morning. – Ilene

Buy(P) /
Sell(S)
P/S date Filed Date Company Symbol Insider Relationship Share Amt. Unit Price Total Proceeds      
P 2009-05-27 2009-05-27 18:59:43 GameStop Corp. GME CARLSON DAVID W CFO 25,000 $22.48 $562,042.00

 

GameStop Corp. (GME) CFO David W Carlson buys 25,000 Shares

Posted at GuruFocus

GameStop Corp. is the world’s largest video game and entertainment software retailer. The company operates 4816 retail stores across the United States and in fifteen countries worldwide. The company also operates two e-commerce sites GameStop.com and EBgames.com and publishes Game Informer? magazine a leading multi-platform video game publication. GameStop Corp. sells new and used video game software hardware and accessories for next generation video game systems from Sony Nintendo and Microsoft. In addition the company sells PC entertainment software related accessories and other merchandise. GameStop Corp. has a market cap of $3.62 billion; its shares were traded at around $22.01 with a P/E ratio of 8.9 and P/S ratio of 0.4. GameStop Corp. had an annual average earning growth of 11.2% over the past 5 years.
 

 

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