GameStop CEO Ryan Cohen Buys $23M in Shares
GameStop CEO Ryan Cohen purchased roughly 22.8 million dollars in company shares, raising his total stake to 9.1 percent. This marks his second insider purchase of stock this month.
Insights:
GameStop CEO Ryan Cohen bought $22.8 million worth of shares, raising his total ownership to 9.1% in a regulatory filing on Tuesday afternoon. The purchase follows a $17.1 million share acquisition earlier in October. Insider buying signals executive confidence that shares are undervalued.
