Vanguard Group Inc. Trims Position in GameStop Corp. $GME

Vanguard Group Inc. cut its holdings in shares of GameStop Corp. (NYSE:GME) by 0.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 38,195,010 shares of the company’s stock after selling 309,473 shares during the quarter. Vanguard Group Inc. owned about 0.09% of GameStop worth $766,956,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of GameStop by 308.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 969 shares of the company’s stock valued at $26,000 after buying an additional 732 shares during the period. City Holding Co. purchased a new position in shares of GameStop during the third quarter valued at approximately $30,000. EverSource Wealth Advisors LLC increased its stake in shares of GameStop by 226.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,277 shares of the company’s stock valued at $31,000 after buying an additional 886 shares during the period. Advisory Services Network LLC bought a new stake in shares of GameStop during the third quarter valued at approximately $39,000. Finally, Bessemer Group Inc. boosted its position in shares of GameStop by 39.2% during the third quarter. Bessemer Group Inc. now owns 1,674 shares of the company’s stock valued at $46,000 after purchasing an additional 471 shares in the last quarter. 29.21% of the stock is owned by hedge funds and other institutional investors.

GameStop Trading Up 6.3%

NYSE GME opened at $26.51 on Friday. The company has a quick ratio of 14.68, a current ratio of 15.30 and a debt-to-equity ratio of 0.76. GameStop Corp. has a twelve month low of $19.93 and a twelve month high of $35.81. The firm has a market capitalization of $11.89 billion, a PE ratio of 35.35 and a beta of 1.84. The stock’s 50 day moving average is $23.83 and its 200 day moving average is $22.84.

GameStop (NYSE:GME) last released its quarterly earnings results on Tuesday, March 24th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.12. GameStop had a return on equity of 12.47% and a net margin of 11.53%.The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.47 billion.

Key Headlines Impacting GameStop

Here are the key news stories impacting GameStop this week:

• Positive Sentiment: Multiple major outlets report GameStop is preparing an offer for eBay — a potential transformational M&A move that would align with CEO Ryan Cohen’s push to scale the company and could justify a material re‑rating if carried out. GameStop Preparing Offer for eBay (WSJ)
• Positive Sentiment: Reports say GameStop has been quietly building a stake in eBay ahead of a potential offer — stake-building can increase the chance of a negotiated deal or give GameStop leverage in talks. GameStop Is Looking to Buy eBay, Report Says (Barron’s)
• Positive Sentiment: Unusual bullish options activity: roughly 364,134 call contracts were bought (up ~88% vs. typical volume) — indicates speculative positioning, institutional bullish bets or hedging around the takeover rumor, which amplifies upward price pressure.
• Neutral Sentiment: eBay shares also jumped on the news — market confirms takeover interest but a higher eBay share price makes any bid more expensive and could change deal economics. GameStop expected to bid for eBay this month; shares rocket (Yahoo)
• Neutral Sentiment: Trading surged and volatility rose (volume well above averages) — that increases short‑term liquidity but also raises the risk of sharp reversals if the rumor doesn’t develop into a credible bid.
• Negative Sentiment: Skepticism about feasibility and financing: outlets and retail investors are questioning how GameStop would fund and integrate a large, established marketplace like eBay; regulatory scrutiny, financing needs, or a failed bid could trigger a pullback or dilute returns. GME reportedly wants to buy eBay but retail wonders how; eBay stock soars (MSN)

Insider Buying and Selling at GameStop

In other GameStop news, General Counsel Mark Haymond Robinson sold 3,912 shares of the business’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of $23.19, for a total value of $90,719.28. Following the sale, the general counsel directly owned 115,230 shares of the company’s stock, valued at approximately $2,672,183.70. The trade was a 3.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel William Moore sold 7,210 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $22.94, for a total value of $165,397.40. Following the completion of the sale, the insider directly owned 101,014 shares in the company, valued at $2,317,261.16. This trade represents a 6.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 18,331 shares of company stock worth $421,491 over the last three months. Corporate insiders own 8.58% of the company’s stock.

Analysts Set New Price Targets

GME has been the topic of several research reports. Wall Street Zen lowered GameStop from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Weiss Ratings upgraded GameStop from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, GameStop has an average rating of “Reduce” and a consensus price target of $13.50.

GameStop Profile

GameStop Corp. (NYSE:GME) is a global specialty retailer focused on video games, gaming consoles, consumer electronics and related accessories. The company operates a network of physical retail stores alongside an e-commerce platform, offering new and pre-owned products spanning the latest game software, hardware, collectibles and lifestyle merchandise. GameStop’s retail footprint is complemented by digital marketplaces for trade-ins and online purchases, as well as a membership program that provides exclusive content and rewards.

Originally founded in 1984 as Babbage’s in Dallas, Texas, the company adopted the GameStop name in 1999 following its merger with Software Etc.