GameStop (GME) Stock: CEO Ryan Cohen Buys $20.3M in Company Stock
TLDR
- CEO Ryan Cohen bought 1,000,000 GME stock at a weighted average price of $20.38, totaling $20.3 million on September 10, 2026.
- Following the purchase, Cohen now directly holds 39,347,842 GameStop stock.
- Director James Grube also bought 10,255 stock for around $196,000 on September 9, 2026.
- GameStop’s net income jumped 77% in Q2, with revenue also rising.
- GameStop recently agreed to exchange approximately $1.4 billion in convertible notes for Class A common stock.
Ryan Cohen isn’t just talking up GameStop. He’s putting real money behind it.
The CEO, President, and Chairman of GameStop Corp. (GME) purchased 1,000,000 stock on September 10, 2026, at a weighted average price of $20.38 per stock. The total transaction came to $20,375,900. Individual prices ranged from $20.02 to $20.47.
GME was trading at $20.39 at the time of the purchase, right in line with InvestingPro’s Fair Value estimate of $20.04.
Following the transaction, Cohen now directly holds 39,347,842 GameStop stock. That’s a substantial stake for a CEO already known for his deep involvement in the company.
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