{
  "id": 14698822,
  "title": "Wednesday’s top insider buys and sells: GameStop CEO adds $22.7M",
  "url": "https://urgent.news/2026/10/15/wednesdays-top-insider-buys-and-sells-gamestop-ceo-adds-22-7m",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T13:01:46.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/wednesdays-top-insider-buys-and-sells-gamestop-ceo-adds-227m-93CH-4951772"
  },
  "original_language": "en",
  "account": null,
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}