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GameStop (GME) CEO Ryan Cohen adds 500,000 more shares to 9.2% stake in company

Ryan Cohen has added to his GameStop stake, according to the company's latest SEC filing.

Asif Khan

January 20, 2026 2:35 PM

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GameStop CEO Ryan Cohen has bought 500,000 shares of the used video game retailer according to the company's latest SEC filing.

Here's an excerpt from the 13D filing disclosing the purchase share price range.

On January 20, 2026, Mr. Cohen purchased an aggregate of 500,000 Shares at a weighted average price of $21.1174 per Share in multiple transactions at prices ranging from $20.8071 to $21.1997, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities purchased at each separate price. All of such transactions were effected in the open market.

Cohen now owns 41,582,626 shares, so today's purchase represents 1.2% of his total GameStop holdings. The CEO and chairman now holds 9.2% of the company.

Follow our GameStop topic page to stay up to date on all the latest news from everyone's favorite used video game retailer.

This article is only meant for educational purposes, and should not be taken as investment advice. Please consider your own investment time horizon, risk tolerance, and consult with a financial advisor before acting on this information.

Full Disclosure:

At the time of this article, Shacknews primary shareholder Asif A. Khan, his family members, or his company Virtue LLC had the following positions:

Long GameStop via GME shares

Asif Khan

CEO/EIC/EIEIO

Asif Khan is the CEO, EIC, and majority shareholder of Shacknews. He began his career in video game journalism as a freelancer in 2001 for Tendobox.com. Asif is a CPA and was formerly an investment adviser representative. After much success in his own personal investments, he retired from his day job in financial services and is currently focused on new private investments. His favorite PC game of all time is Duke Nukem 3D, and he is an unapologetic fan of most things Nintendo. Asif first frequented the Shack when it was sCary's Shugashack to find all things Quake. When he is not immersed in investments or gaming he is a purveyor of fine electronic music. Asif also has an irrational love of Cleveland sports.