GameStop Corp. (NYSE:GME – Get Free Report) General Counsel Mark Haymond Robinson sold 11,000 shares of the business’s stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $20.82, for a total transaction of $229,020.00. Following the sale, the general counsel now owns 43,927 shares in the company, valued at $914,560.14. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Mark Haymond Robinson also recently made the following trade(s):
- On Wednesday, October 2nd, Mark Haymond Robinson sold 4,667 shares of GameStop stock. The shares were sold at an average price of $21.96, for a total transaction of $102,487.32.
GameStop Stock Performance
GameStop stock opened at $20.83 on Monday. The firm has a market cap of $7.32 billion, a PE ratio of 260.38 and a beta of -0.19. The firm’s 50 day moving average price is $21.73 and its two-hundred day moving average price is $21.26. GameStop Corp. has a twelve month low of $9.95 and a twelve month high of $64.83.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on GME shares. StockNews.com upgraded shares of GameStop to a “sell” rating in a report on Wednesday, September 25th. Wedbush cut their price target on shares of GameStop from $11.00 to $10.00 and set an “underperform” rating on the stock in a report on Wednesday, September 11th.
Get Our Latest Analysis on GameStop
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in GME. Coatue Management LLC acquired a new position in GameStop in the 4th quarter valued at approximately $1,315,000. Virtu Financial LLC bought a new stake in GameStop in the fourth quarter worth approximately $316,000. Wellington Management Group LLP grew its position in GameStop by 312.2% in the fourth quarter. Wellington Management Group LLP now owns 77,097 shares of the company’s stock worth $1,352,000 after acquiring an additional 58,394 shares in the last quarter. Vanguard Group Inc. grew its position in GameStop by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 25,450,256 shares of the company’s stock worth $446,143,000 after acquiring an additional 167,145 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in GameStop by 21.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 12,025 shares of the company’s stock worth $211,000 after acquiring an additional 2,105 shares in the last quarter. Institutional investors and hedge funds own 29.21% of the company’s stock.
GameStop Company Profile
GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads.
Featured Articles
- Five stocks we like better than GameStop
- Learn Technical Analysis Skills to Master the Stock Market
- Why Fastenal Stock Could Hit New Highs After Strong Q3 Results
- Bank Stocks – Best Bank Stocks to Invest In
- Why Eli Lilly Stock Is Soaring—and How It Plans to Stay on Top
- Stock Splits, Do They Really Impact Investors?
- 3 Mid-Cap Stocks Under $20 With Insider Buying and Major Upside
Receive News & Ratings for GameStop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GameStop and related companies with MarketBeat.com's FREE daily email newsletter.