Gamestop Corporation (NYSE:GME) Director Stephanie M. Shern sold 4,000 shares of the company’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $17.91, for a total transaction of $71,640.00. Following the completion of the sale, the director now directly owns 13,474 shares of the company’s stock, valued at $241,319.34. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Gamestop Corporation (NYSE:GME) traded down $0.77 during mid-day trading on Friday, hitting $18.75. 5,024,700 shares of the company were exchanged, compared to its average volume of 2,861,902. The stock has a market cap of $1,900.00, a PE ratio of 5.14, a P/E/G ratio of 0.38 and a beta of 1.24. The company has a quick ratio of 0.38, a current ratio of 1.20 and a debt-to-equity ratio of 0.35. Gamestop Corporation has a 12 month low of $15.85 and a 12 month high of $26.84.

Gamestop (NYSE:GME) last announced its quarterly earnings results on Tuesday, November 21st. The company reported $0.54 EPS for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.11. The company had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.98 billion. Gamestop had a net margin of 3.98% and a return on equity of 16.50%. Gamestop’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 EPS. sell-side analysts anticipate that Gamestop Corporation will post 3.3 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Friday, December 1st will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 8.11%. The ex-dividend date of this dividend is Thursday, November 30th. Gamestop’s payout ratio is currently 44.44%.

A number of research analysts have weighed in on GME shares. Zacks Investment Research upgraded shares of Gamestop from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a research note on Wednesday, October 25th. SunTrust Banks reiterated a “buy” rating and issued a $25.00 target price on shares of Gamestop in a research note on Tuesday, October 17th. ValuEngine upgraded shares of Gamestop from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Robert W. Baird reiterated a “buy” rating and issued a $24.00 target price on shares of Gamestop in a research note on Tuesday, September 26th. Finally, Loop Capital reiterated a “buy” rating and issued a $28.00 target price on shares of Gamestop in a research note on Wednesday, August 23rd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. Gamestop currently has an average rating of “Hold” and a consensus target price of $23.47.

Several hedge funds have recently made changes to their positions in GME. Macquarie Group Ltd. purchased a new stake in shares of Gamestop during the 3rd quarter valued at approximately $112,000. BlueMountain Capital Management LLC purchased a new stake in shares of Gamestop during the 2nd quarter valued at approximately $162,000. LS Investment Advisors LLC lifted its stake in shares of Gamestop by 17.3% during the 2nd quarter. LS Investment Advisors LLC now owns 8,236 shares of the company’s stock valued at $178,000 after buying an additional 1,213 shares in the last quarter. JBF Capital Inc. lifted its stake in shares of Gamestop by 119.8% during the 2nd quarter. JBF Capital Inc. now owns 9,120 shares of the company’s stock valued at $197,000 after buying an additional 4,971 shares in the last quarter. Finally, National Planning Corp purchased a new stake in shares of Gamestop during the 2nd quarter valued at approximately $204,000.

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Gamestop Company Profile

GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. It operates its business in five segments, which consists of four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment.

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