Geode Capital Management LLC Has $147.43 Million Stock Position in GameStop Corp. $GME

Geode Capital Management LLC increased its position in shares of GameStop Corp. (NYSE:GME) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,340,631 shares of the company’s stock after purchasing an additional 92,996 shares during the quarter. Geode Capital Management LLC’s holdings in GameStop were worth $147,431,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of GameStop by 308.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 969 shares of the company’s stock worth $26,000 after purchasing an additional 732 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of GameStop by 226.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,277 shares of the company’s stock worth $31,000 after purchasing an additional 886 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of GameStop during the 3rd quarter worth about $39,000. Bessemer Group Inc. increased its position in shares of GameStop by 39.2% during the 3rd quarter. Bessemer Group Inc. now owns 1,674 shares of the company’s stock worth $46,000 after purchasing an additional 471 shares in the last quarter. Finally, Eastern Bank acquired a new stake in shares of GameStop during the 4th quarter worth about $74,000. Institutional investors and hedge funds own 29.21% of the company’s stock.

More GameStop News

Here are the key news stories impacting GameStop this week:

• Positive Sentiment: GameStop delivered a strong Q1 2026 report, with revenue growth and profits that beat Wall Street expectations, reinforcing the view that its turnaround efforts are gaining traction. GameStop (GME) Posts Stellar Earnings, Climbs 6%
• Positive Sentiment: The company approved a $2 billion share repurchase authorization, which can support the stock by reducing share count and signaling management confidence in future cash generation. GameStop (GME) approves $2 billion share buyback program through 2029
• Positive Sentiment: Commentary across multiple reports highlighted GameStop’s highest quarterly net income and operating profit on record, which is helping fuel the rally in GME shares. A $2 Billion Reason GameStop Stock Is Up Today
• Neutral Sentiment: GameStop’s collectibles business was the largest sales segment in Q1, showing where revenue is coming from, but this is more of a mix detail than a clear near-term catalyst. Collectibles revenue was the largest GameStop (GME) Q1 2026 sales segment

Insider Activity at GameStop

In related news, General Counsel Mark Haymond Robinson sold 7,209 shares of GameStop stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $22.94, for a total transaction of $165,374.46. Following the transaction, the general counsel owned 97,946 shares of the company’s stock, valued at $2,246,881.24. This trade represents a 6.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Daniel William Moore sold 7,210 shares of GameStop stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $22.94, for a total transaction of $165,397.40. Following the transaction, the insider directly owned 101,014 shares in the company, valued at $2,317,261.16. The trade was a 6.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 18,331 shares of company stock worth $421,491 in the last three months. 9.50% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of GameStop from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Wall Street Zen cut shares of GameStop from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $13.50.

GameStop Stock Up 0.4%

Shares of NYSE GME opened at $22.28 on Friday. The firm has a market capitalization of $10.00 billion, a PE ratio of 16.88 and a beta of 1.77. The company has a current ratio of 15.30, a quick ratio of 14.68 and a debt-to-equity ratio of 0.76. GameStop Corp. has a 1 year low of $19.93 and a 1 year high of $30.61. The firm’s 50-day moving average is $23.19 and its 200-day moving average is $22.84.

GameStop (NYSE:GME) last issued its earnings results on Tuesday, June 2nd. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.14. The company had revenue of $835.30 million for the quarter, compared to analyst estimates of $766.64 million. GameStop had a net margin of 20.45% and a return on equity of 14.10%. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.17 EPS.

GameStop Company 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.