GameStop Corp. (NYSE:GME) reached -3% versus a 1-year low price of $4.33. The stock was last seen -4.11% lower, reaching at $4.2 on 7/18/2019. At a recent session, the prices were hovering between $4.12 and $4.4185. This company shares are 55.95% off its target price of $6.55 and the current market capitalization stands at $459.73M. The recent change has given its price a -34.81% deficit over SMA 50 and -75.68% deficit over its 52-week high. The stock witnessed -26.7% declines, -53.02% declines and -73.21% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found GME’s volatility during a week at 4.79% and during a month it has been found around 3.95%.

What Does GameStop Corp. (GME) Do?

The company describes itself in regulatory filings as, “GameStop Corp. engages in the retail of multichannel video game, consumer electronics, and wireless services. It operates through the following segments: United States, Canada, Australia, Europe, and Technology Brands. The United States segment includes the retail operations and electronic commerce websites and, Game Informer magazine, and Kongregate. The Canada segment comprises of retail and e-commerce business. The Australia segment refers to the retail and e-commerce operations in Australia and New Zealand. The Europe segment pertains to the retail and e-commerce operations in the European countries. The Technology Brands segment consists of Spring Mobile managed AT&T and Cricket Wireless branded stores, and Simply Mac stores. The company was founded in June 2000 and is headquartered in Grapevine, TX.” [Text can be found here: under company description.]

GameStop Corp. (GME) Top Holders

Institutional investors currently hold around $476 million or 95% in GME stock. Look at its top three institutional owners: Fmr Llc owns $66.99 million in GameStop Corp., which represents roughly 14.57% of the company’s market cap and approximately 14.07% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 15,189,573 shares of the stock are valued at $66.53 million. The third largest holder is Vanguard Group Inc, which currently holds $46.44 million worth of this stock and that ownership represents nearly 10.1% of its market capitalization.

GameStop Corp. 13F Filings

At the end of March reporting period, 146 institutional holders increased their position in GameStop Corp. (NYSE:GME) by some 16,227,483 shares, 138 decreased positions by 14,388,605 and 43 held positions by 78,091,031. That puts total institutional holdings at 108,707,119 shares, according to SEC filings. The stock grabbed 45 new institutional investments totaling 3,821,236 shares while 54 institutional investors sold out their entire positions totaling 9,562,960 shares.

GameStop Corp. (NYSE:GME) Insider Trades

Multiple company employees have indulged in significant insider trading. GameStop Corp. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director SHERN STEPHANIE M has sold 4,000 shares of GameStop Corp. (GME) in the trading session dated Nov. 27, 2017. These shares are worth $71,640 and were traded at $17.91 each. The SEC filing shows that SHERN STEPHANIE M performed a sale of 4,000 shares. The Director disposed these shares by way of transaction on Jan. 13, 2017. The company’s shares were given away at $22.58 per share worth to an income of some $90,320 to the account of SHERN STEPHANIE M.

EVP – President International, Mauler Michael, purchased 10,000 common shares of GameStop Corp. (GME) in the open market. In a transaction dated Sep. 15, 2016, the shares were bought at an average price of $26.91, giving away a sum of $269,100. After this purchase, 120,922 common shares of GME are directly owned by the insider, with total stake valued at $507,872.

In the transaction dated Mar. 29, 2016, a great number of shares sold came courtesy the Director; SHERN STEPHANIE M disposed a total of 1,769 shares at an average price of $31.19, amounting to approximately $55,175. The insider now directly owns 9,507 shares worth $39,929.

GameStop Corp. (GME) Analyst Guide

Several analysts have released their opinion on GameStop Corp. (NYSE:GME), with 1 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 0 buy, 2 sell and 1 strong sell ratings, collectively assigning a 3.18 average brokerage recommendation [T1].