Gamestop Corporation’s recently made public that its Director Attal Alain acquired Company’s shares for reported $0.26 million on Apr 10 ’25. In the deal valued at $25.75 per share,10,000 shares were bought. As a result of this transaction, Attal Alain now holds 572,464 shares worth roughly $15.11 million.
Then, Cheng Lawrence bought 5,000 shares, generating $107,700 in total proceeds. Upon buying the shares at $21.54, the Director now owns 83,000 shares.
Before that, Cohen Ryan bought 500,000 shares. Gamestop Corporation shares valued at $10,775,000 were divested by the President, CEO and Chairman at a price of $21.55 per share. As a result of the transaction, Cohen Ryan now holds 37,347,842 shares, worth roughly $985.98 million.
Wedbush reiterated its Gamestop Corporation [GME] rating to an Underperform in a research note published on June 08, 2023; the price target was $6.20. A number of analysts have revised their coverage, including Ascendiant Capital Markets’s analysts, who decreased its forecast for the stock in mid April from “a Hold” to “a Sell”. Telsey Advisory Group also remained covering GME and reiterated its “an Underperform” recommendation on March 24, 2021. Wedbush revised its rating on March 24, 2021. It rated GME as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of GME
On Friday, Gamestop Corporation [NYSE:GME] saw its stock jump 5.52% to $26.40. Over the last five days, the stock has gained 12.39%. Gamestop Corporation shares have fallen nearly -15.76% since the year began. Nevertheless, the stocks have risen 143.32% over the past one year. While a 52-week high of $64.83 was reached on 01/07/25, a 52-week low of $9.95 was recorded on 03/31/25. SMA at 50 days reached $24.58, while 200 days put it at $24.82.
Levels Of Support And Resistance For GME Stock
The 24-hour chart illustrates a support level at 25.62, which if violated will result in even more drops to 24.84. On the upside, there is a resistance level at 26.81. A further resistance level may holdings at 27.22. The Relative Strength Index (RSI) on the 14-day chart is 57.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.73, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 37.49%. Stochastics %K at 53.77% indicates the stock is a holding.
How much short interest is there in Gamestop Corporation?
A steep rise in short interest was recorded in Gamestop Corporation stocks on 2025-03-31, growing by 19.05 million shares to a total of 47.56 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 28.52 million shares. There was a rise of 40.05%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 27, 2021 when BofA Securities resumed its ‘”an Underperform”‘ rating for the stock and retained the price target to $10.
