GameStop CEO Ryan Cohen buys nearly $23 million in company shares

Ryan Cohen keeps buying GameStop stock. He is not buying it cheaply. On October 13, 2026, the GameStop CEO, Chairman and President picked up 844,130 shares of the company’s Class A common stock (GME) on the open market. He spent approximately $22.8 million, or nearly $23 million for those who prefer round numbers in their headlines. The details of Cohen’s latest GameStop buy Cohen paid between $26.75 and $27 per share in the October 13 transactions. These were open-market purchases. He bought through the same exchange any retail trader uses, rather than receiving shares as compensation. The latest purchase follows an earlier one on October 2. On that date Cohen bought 700,000 shares for about $17.1 million, at a weighted average of approximately $24.41 per share. Put those two trades side by side and the pattern is hard to miss. In roughly eleven days, Cohen’s cost per share climbed from the mid-$24 range to as high as $27. The October activity also follows a September stretch in which his purchases included blocks valued at over $57 million. Taken together, 2026 has been a year of steady insider accumulation at escalating prices. How big is Cohen’s stake now After these trades, Co...