{
  "id": 9195594,
  "title": "Billionaire GameStop CEO Ryan Cohen Buys 1.2 Million Shares for $26.4 Million. Is GME Now a Buy?",
  "url": "https://urgent.news/2026/09/22/billionaire-gamestop-ceo-ryan-cohen-buys-1-2-million-shares-for-26-4",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T19:51:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/09/22/billionaire-gamestop-ceo-ryan-cohen-buys-1-2-million-shares-for-usd26-4-million-is-gme-now-a-buy/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "GameStop CEO Ryan Cohen purchased roughly 1.2 million shares of the company's common stock on September 21, 2026, according to a SEC Form 4 filing. The transaction valued at $26.4 million, calculated using the weighted average purchase price of $22.94 per share. Following the purchase, the market value of Cohen's shares stood at $22.76 each, based on the stock's price at the close of trading that day. GameStop, a prominent specialty retailer in the consumer cyclical sector, reported a market capitalization of $10.3 billion and generated $3.6 billion in revenue over the trailing twelve months. The company offers a diverse product range, encompassing gaming hardware, software, and accessories, and caters to gaming enthusiasts across developed markets through its omnichannel distribution approach. With a workforce of around 4,000 employees and a profitable record, as evidenced by the $893.3 million net income for the same period, GameStop remains a key player in the gaming retail market.",
  "summary": "Cohen's direct stake now totals 40.5 million shares, representing 9% of GameStop's equity and valued at $921.75 million as of the transaction date.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Billionaire GameStop CEO Ryan Cohen Buys 1.2 Million Shares for $26.4 Million. Is GME Now a Buy?",
        "url": "https://urgent.news/2026/09/22/billionaire-gamestop-ceo-ryan-cohen-buys-1-2-million-shares-for-26-4-9196727",
        "published": "2026-09-22T20:11:01.000Z"
      }
    ]
  },
  "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."
}