Wednesday’s top insider buys and sells: GameStop CEO adds $22.7M

In the latest insider trading activity for US stocks, GameStop Corp. President, CEO, and Chairman Ryan Cohen made a significant purchase of 844,130 shares of Class A Common Stock for $22,774,727 on October 13, 2026. This was the largest insider buy reported on Wednesday. The stock is currently near its 52-week high of $27.53, with a 35.6% return year-to-date.

Cohen now directly holds 42,492,652 shares of GameStop Class A Common Stock, with the company carrying a market capitalization of $13.73 billion and a P/E ratio of 18.01. However, InvestingPro analysis suggests the company is overvalued at current levels. Meanwhile, New ERA Energy & Digital, Inc. director Kent C. McCarthy purchased 250,000 shares for $1,192,350 on October 9, 2026, indirectly increasing his stake to 9,550,000 shares.

Lastly, Inhibrx Biosciences, Inc. CEO and Director Mark Lappe acquired 10,040 shares worth approximately $848,976 on October 14, 2026, with the stock trading at $85.26 and reflecting a 145% return over the past year.

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