GameStop Insiders Buy: Ryan Cohen's GME Stake Nears $800 Million
GameStop CEO Ryan Cohen buys 1 million GME shares for $20.4 million, raising his stake; three other insiders also bought this week.
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GameStop CEO Ryan Cohen buys 1 million GME shares for $20.4 million, raising his stake; three other insiders also bought this week.
GameStop director James Grube purchased 10,255 shares for approximately $196,000 on September 9, 2026, increasing his direct holdings to 39,694 shares. The purchase is viewed as a bullish signal, as insider buying typically indicates confidence in future stock price appreciation. This comes as GameStop reported strong financial results with net income jumping 77% in Q2, and the company continues to expand into trading cards and collectibles.