GameStop Billionaire Ryan Cohen Buys 1 Million Shares for $20 Million. What This Large Purchase Means for GME

Key Points The discretionary purchase on September 10, 2026, involved a capital commitment of ~$20.4 million. The transaction size represented 3% of the total equity stake held by the executive prior to the filing. The acquisition consisted of direct ownership, increasing the CEO's total direct position to ~39.3 million shares. This open-market purchase followed a -16% one-year total return for the stock as of the September 10, 2026 transaction date. 10 stocks we like better than GameStop › Ryan Cohen, thre billionaire President, CEO and Chairman of GameStop Corp (NYSE:GME) , reported a purchase of 1.0 million shares of the business in a SEC Form 4 filing .