GameStop Corp. (NYSE:GME – Get Free Report) insider Daniel William Moore sold 7,779 shares of the business’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $10.20, for a total transaction of $79,345.80. Following the completion of the sale, the insider now directly owns 13,606 shares in the company, valued at approximately $138,781.20. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Daniel William Moore also recently made the following trade(s):
- On Monday, April 8th, Daniel William Moore sold 526 shares of GameStop stock. The shares were sold at an average price of $11.25, for a total transaction of $5,917.50.
- On Tuesday, April 2nd, Daniel William Moore sold 1,052 shares of GameStop stock. The stock was sold at an average price of $11.61, for a total transaction of $12,213.72.
GameStop Price Performance
GameStop stock opened at $11.90 on Friday. GameStop Corp. has a 52 week low of $9.95 and a 52 week high of $27.65. The firm has a market cap of $3.64 billion, a P/E ratio of 595.30 and a beta of -0.45. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.44 and a current ratio of 2.11. The business’s fifty day moving average is $12.84 and its two-hundred day moving average is $14.06.
Analyst Ratings Changes
Several equities analysts recently commented on the company. StockNews.com upgraded GameStop from a “sell” rating to a “hold” rating in a research report on Wednesday, March 27th. Wedbush lowered their target price on shares of GameStop from $6.00 to $5.60 and set an “underperform” rating on the stock in a report on Wednesday, March 27th.
Check Out Our Latest Report on GameStop
Hedge Funds Weigh In On GameStop
Several hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc grew its position in shares of GameStop by 99.7% during the 3rd quarter. IFP Advisors Inc now owns 2,708 shares of the company’s stock worth $45,000 after buying an additional 1,352 shares during the period. SG Americas Securities LLC grew its holdings in GameStop by 399.9% during the 3rd quarter. SG Americas Securities LLC now owns 23,787 shares of the company’s stock worth $392,000 after acquiring an additional 19,029 shares during the period. Exchange Traded Concepts LLC lifted its stake in shares of GameStop by 278.9% in the 3rd quarter. Exchange Traded Concepts LLC now owns 6,567 shares of the company’s stock valued at $108,000 after purchasing an additional 4,834 shares during the period. Xponance Inc. boosted its position in shares of GameStop by 2.7% in the 3rd quarter. Xponance Inc. now owns 32,094 shares of the company’s stock worth $528,000 after purchasing an additional 854 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of GameStop by 0.8% during the third quarter. Bank of New York Mellon Corp now owns 2,137,069 shares of the company’s stock worth $35,176,000 after purchasing an additional 16,875 shares during the period. Institutional investors own 29.21% of the company’s stock.
About GameStop
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.
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