GameStop CEO Ryan Cohen Buys $26.4 Million in Stock

Ryan Cohen, the President, CEO, and Chairman of GameStop Corp., purchased approximately 1.2 million shares of company common stock on September 21, 2026. According to an SEC Form 4 filing, the transaction totaled $26.4 million with a weighted average price of $22.94 per share.

This purchase increases Cohen's direct holdings to 40,498,522 shares, which represents 9 percent of the company's equity. His total position is now valued at $921.75 million. GameStop stock rose approximately 4 percent on Tuesday following the disclosure of the insider purchase.

The investment comes as the specialty gaming retailer reports rising profits and a reduction of $1.4 billion in debt achieved by swapping bonds for stock. The company previously attempted to expand its footprint through an unsolicited $56 billion bid to acquire eBay, though that offer was rejected.