GameStop shares gained 3.2% in extended trading on Monday after CEO Ryan Cohen reported an insider stock transaction, according to a filing. On September 21, Cohen purchased an aggregate of 1,150,680 shares at a weighted average price of $22.9375 per share in multiple transactions at prices ranging from $22.7600 to $23.0200, inclusive. The aggregate purchase price of the 40,498,522 shares directly owned by the CEO is approximately $174,979,997, excluding brokerage commissions.
GameStop Corp.CEO Ryan Cohen bought $26.4M in GameStop shares, an insider purchase signaling confidence.
