The CEO's $17M+ single-day purchase is the strongest insider signal possible — a cluster buy from the chairman/CEO at this scale. Watch for any 8-K or press release explaining the catalyst; if none appears, the signal may be idiosyncratic to Cohen's personal conviction rather than a near-term catalyst.
Price Chart
Executive Summary
GameStop CEO Ryan Cohen purchased $17.08M in open-market shares on October 2, 2026, following a $10.56M purchase on September 29, bringing his total to ~$27.6M in a week. Director Nat Turner also bought $255K. This is a massive insider buying cluster from the CEO/Chairman, totaling ~$17.3M in the cluster window, representing a strong bullish signal.
Key Financial Metrics
Key Facts
- CEO Ryan Cohen purchased 700,000 shares at ~$24.41 on October 2, 2026, for $17.08M
- CEO Cohen also purchased 450,000 shares on September 29, 2026, for ~$10.56M
- Director Nat Turner purchased 10,462 shares at $24.33 on October 1, 2026, for $254,540
- Total insider buying in the cluster window: ~$17.34M
- All purchases are open-market (code P) — no 10b5-1 plan indicated
Financial Impact
CEO Cohen alone invested ~$27.6M in open-market purchases over 4 days (Sept 29–Oct 2), representing a significant personal capital commitment
Risk Factors
- GME is a high-meme-volatility stock where fundamentals are secondary to retail sentiment
- No accompanying corporate event (earnings, M&A, buyback) to explain the buying
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GME-1790974672396 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 8d ago | 8-K | $26.47 | awaiting T+60 | — | $23.36 (−11.75%) |
Oct 13, 2026 13d ago | Insider Cluster | $27.15 | awaiting T+60 | — | $23.36 (−13.96%) |
Oct 13, 2026 14d ago | SC 13D/A | $27.15 | awaiting T+60 | — | $23.36 (−13.96%) |
Oct 5, 2026 21d ago | Insider Cluster | $24.76 | awaiting T+60 | — | $23.36 (−5.65%) |
Oct 2, 2026 25d ago | Insider Cluster | $25.24 | awaiting T+60 | — | $23.36 (−7.45%) |
Oct 2, 2026 25d ago | SC 13D/A | $25.24 | awaiting T+60 | — | $23.36 (−7.45%) |
Oct 1, 2026 25d ago | Insider Cluster | $24.70 | awaiting T+60 | — | $23.36 (−5.43%) |
Sep 29, 2026 27d ago | SC 13D/A | $24.65 | awaiting T+60 | — | $23.36 (−5.23%) |
Sep 21, 2026 5w ago | Insider Cluster | $24.03 | awaiting T+60 | — | $23.36 (−2.79%) |
Sep 21, 2026 5w ago | SC 13D/A | $24.03 | awaiting T+60 | — | $23.36 (−2.79%) |
US Market Status
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