EquitiesInstitutionalPositioning
GameStop's CEO Bought 97 Million Dollars of Stock in Five Weeks, Paying More Each Time
Ryan Cohen, GameStop's CEO, bought 4,144,810 shares for $97,192,416 in open-market purchases between September 10 and October 13, 2026, none on a 10b5-1 plan. His weighted price rose on every buy date, from 20.38 to 26.98. The spend equals 91% of what his directly held shares had cost through January 6, according to his own Schedule 13D/A filings. His stake, counting warrants, went from 8.3% on September 3, after a share issuance, up to 9.1%, against 9.3% after his last January purchase. The volume and short interest data show other flows were far larger than his. A block of 59,088,333 warrants with a $32 exercise price expires on October 30. This note describes the trades. It does not forecast the price.…
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