GameStop ($GME) director Nat Turner purchased approximately $255,000 of company stock on October 1, adding to a series of recent insider purchases led by CEO Ryan Cohen. Turner is also chairman and CEO of Collectors Holdings, the parent company of PSA, which has become a significant partner in GameStop's expansion into trading cards and collectibles.
- Turner purchased 10,462 shares at $24.33, bringing his directly held position to 10,462 shares.
- Turner joined GameStop's board in November 2024 and leads Collectors, the parent of trading-card authentication and grading company PSA.
- GameStop is an authorized PSA dealer, allowing customers to submit cards for PSA grading through participating stores. The company also buys and sells PSA-graded Pokémon and sports cards.
- GameStop and PSA also developed Power Packs, which include PSA-graded cards across Pokémon, football, basketball and baseball categories.
- Turner's purchase follows recent GME insider buying by Cohen and directors Alain Attal, Lawrence Cheng and James Grube.
Relevant Companies
- GameStop ($GME) - Turner joined several GameStop insiders making recent open-market purchases.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
