GameStop CEO Ryan Cohen has increased his GME holdings by approximately $46.8 million this month
BIBIBI
AT A GLANCE
GameStop CEO Ryan Cohen purchased approximately $46.8 million worth of company shares in total this month.
Article
GameStop CEO spends approximately $26.4 million more to increase GME holdings
PANews, September 23: According to U.S. SEC filings, GameStop (GME) CEO Ryan Cohen purchased 1.1507 million shares of GameStop Class A common stock on September 21 at an average price of approximately $22.94 per share, spending approximately $26.4 million. After the transaction, his holdings totaled approximately 40.5 million shares. Including the 1 million shares Cohen purchased on September 10 at an average price of approximately $20.38 per share, he purchased approximately $46.8 million worth of shares in total this month.
According to U.S. SEC filings, Ryan Cohen purchased 1.1507 million shares of GameStop Class A common stock on September 21 at an average price of approximately $22.94 per share.
02
The transaction cost approximately $26.4 million, bringing his holdings to approximately 40.5 million shares after the transaction.
03
Ryan Cohen purchased 1 million shares on September 10 at an average price of approximately $20.38 per share.
04
Ryan Cohen purchased approximately $46.8 million worth of shares in total this month.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This means that GameStop CEO Ryan Cohen bought company shares twice in September, investing approximately $46.8 million in total.
Why it matters to readers
Purchases of company stock by corporate executives are holding changes that investors may monitor.
This can help beginners understand the market information conveyed when a corporate executive buys shares in their own company.
Risks and unknowns
The evidence does not explain the impact of these transactions on GameStop’s share price or business operations.
Related Developments
Loading event timeline…
Related concepts
CEO
This term is not in the glossary yet. Browse related concepts in the glossary.
