GameStop Corp. (GME) is up 3.1% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is continued investor focus on recent insider buying, especially Ryan Cohen’s open-market purchase disclosed on September 21, 2026, which can be read as a vote of confidence. The move may also be getting support from GameStop’s early-September quarterly update, which showed record second-quarter operating income, a higher full-year adjusted EBITDA outlook, and a large cash and investment position. With no obvious new filing tied to today’s gain, some of the move could also be momentum-driven.
Details:
Sources:
SEC, GameStop Corp., SEC
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$GME Insider Trading Activity
$GME insiders have traded $GME stock on the open market 12 times in the past 6 months. Of those trades, 6 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $GME stock by insiders over the last 6 months:
- RYAN COHEN (President, CEO and Chairman) has made 2 purchases buying 2,150,680 shares for an estimated $46,769,622 and 0 sales.
- LAWRENCE CHENG purchased 55,000 shares for an estimated $1,033,956
- MARK HAYMOND ROBINSON (General Counsel and Secretary) has made 0 purchases and 4 sales selling 22,161 shares for an estimated $504,151.
- ALAIN ATTAL has made 2 purchases buying 22,500 shares for an estimated $501,957 and 0 sales.
- DANIEL WILLIAM MOORE (PFO and PAO) has made 0 purchases and 2 sales selling 14,295 shares for an estimated $323,992.
- JAMES GRUBE purchased 10,255 shares for an estimated $196,075
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$GME Hedge Fund Activity
We have seen 168 institutional investors add shares of $GME stock to their portfolio, and 188 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 3,717,637 shares (+inf%) to their portfolio in Q2 2026, for an estimated $82,085,424
- DIMENSIONAL FUND ADVISORS LP added 2,988,279 shares (+76.4%) to their portfolio in Q2 2026, for an estimated $65,981,200
- INVESCO LTD. removed 2,648,678 shares (-77.6%) from their portfolio in Q2 2026, for an estimated $58,482,810
- MARSHALL WACE, LLP removed 1,921,876 shares (-39.8%) from their portfolio in Q2 2026, for an estimated $42,435,022
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 1,375,791 shares (+44.4%) to their portfolio in Q2 2026, for an estimated $30,377,465
- POINT72 ASSET MANAGEMENT, L.P. removed 1,364,114 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $30,119,637
- ALYESKA INVESTMENT GROUP, L.P. removed 1,332,966 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $29,431,889
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
