GameStop president Ryan Cohen buys $26.4m in GME stock

GameStop Corp. President Ryan Cohen purchased 1,150,680 shares of the company's Class A Common Stock on September 21, 2026, for a total of approximately $26.4 million. The shares were bought at prices ranging from $22.76 to $23.02 per share, with a weighted average price of $22.9375. Cohen now holds 40,498,522 shares of GameStop, bringing his total ownership to this level.

The insider buying occurred as GameStop trades at a P/E ratio of 15.06 and a market capitalization of $11.55 billion, with InvestingPro analysis suggesting the stock is slightly overvalued relative to its Fair Value. The company recently exchanged $1.4 billion in convertible senior notes for shares of its Class A common stock, and its CEO is reportedly interested in acquiring eBay.

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