GameStop Target of Unusually Large Options Trading (NYSE:GME)

GameStop Corp. (NYSE:GME) was the recipient of unusually large options trading on Thursday. Traders acquired 292,154 call options on the stock. This represents an increase of approximately 64% compared to the average volume of 178,588 call options.

Analyst Ratings Changes

Separately, Weiss Ratings cut GameStop from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, January 16th. Two analysts have rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell” and a consensus price target of $13.50.

GameStop Trading Up 6.3%

NYSE GME traded up $1.37 during mid-day trading on Thursday, reaching $23.06. 9,147,248 shares of the stock were exchanged, compared to its average volume of 5,717,662. The company has a debt-to-equity ratio of 0.78, a current ratio of 10.39 and a quick ratio of 9.77. The stock has a market cap of $10.33 billion, a P/E ratio of 28.07 and a beta of -1.23. The stock has a 50 day simple moving average of $21.47 and a 200-day simple moving average of $22.82. GameStop has a one year low of $19.93 and a one year high of $35.81.

GameStop (NYSE:GME) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.04. GameStop had a return on equity of 9.75% and a net margin of 11.08%.The firm had revenue of $821.00 million during the quarter, compared to the consensus estimate of $987.29 million. During the same period last year, the business posted $0.06 EPS. The business’s revenue was down 4.6% compared to the same quarter last year. On average, analysts anticipate that GameStop will post 0.08 EPS for the current year.

More GameStop News

Here are the key news stories impacting GameStop this week:

• Positive Sentiment: Ryan Cohen disclosed a sizable open‑market purchase (another ~500,000 shares) this week; multiple outlets report the CEO has bought roughly 1M shares over the week, driving bullish sentiment and short‑term buying. Shacknews: Cohen buys another 500k shares
• Positive Sentiment: Market reports aggregate Cohen’s purchases as a multi‑day buying spree (~$10M+ disclosed across filings), which traders view as alignment with shareholders and a catalyst for near‑term upside. Benzinga: Cohen buying spree
• Positive Sentiment: Director Alain Attal bought 12,000 shares (~$250k) at ~ $20.90/share per an SEC filing — a smaller insider buy but one that reinforces the “management buying” narrative. Benzinga: Alain Attal adds shares
• Neutral Sentiment: Analysts and outlets are discussing experiential initiatives (example: a Silent Hill tie‑in) as potential growth levers, but the revenue/earnings impact is uncertain and likely medium‑term rather than immediate. Yahoo Finance: Silent Hill tie‑in analysis
• Negative Sentiment: GameStop plans roughly 470 U.S. store closures by month‑end (about 30 in New York), citing falling sales — this signals continued brick‑and‑mortar weakness and could pressure near‑term revenue and generate restructuring costs. Fox Business: Store closures report
• Negative Sentiment: Local reporting highlights the scope of closures and reinforces concerns that physical‑store sales remain soft until omnichannel initiatives scale. MSN: CEO bought 1M shares this week / store closure context

Insider Transactions at GameStop

In other GameStop news, Director Alain Attal bought 12,000 shares of the stock in a transaction dated Tuesday, January 20th. The shares were bought at an average cost of $20.90 per share, with a total value of $250,800.00. Following the completion of the acquisition, the director owned 596,464 shares of the company’s stock, valued at $12,466,097.60. This trade represents a 2.05% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, General Counsel Mark Haymond Robinson sold 12,200 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $21.00, for a total value of $256,200.00. Following the completion of the sale, the general counsel owned 105,155 shares of the company’s stock, valued at approximately $2,208,255. This trade represents a 10.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 23,152 shares of company stock valued at $480,059. 8.58% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in GameStop by 308.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 969 shares of the company’s stock valued at $26,000 after acquiring an additional 732 shares during the last quarter. City Holding Co. purchased a new position in GameStop in the third quarter valued at approximately $30,000. EverSource Wealth Advisors LLC grew its holdings in GameStop by 226.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,277 shares of the company’s stock valued at $31,000 after purchasing an additional 886 shares during the period. Advisory Services Network LLC purchased a new stake in GameStop in the third quarter worth $39,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of GameStop in the second quarter valued at $45,000. 29.21% of the stock is owned by institutional investors.

GameStop Company Profile

GameStop Corp. (NYSE:GME) is a global specialty retailer focused on video games, gaming consoles, consumer electronics and related accessories. The company operates a network of physical retail stores alongside an e-commerce platform, offering new and pre-owned products spanning the latest game software, hardware, collectibles and lifestyle merchandise. GameStop’s retail footprint is complemented by digital marketplaces for trade-ins and online purchases, as well as a membership program that provides exclusive content and rewards.

Originally founded in 1984 as Babbage’s in Dallas, Texas, the company adopted the GameStop name in 1999 following its merger with Software Etc.