Steward Partners Investment Advisory LLC boosted its position in shares of GameStop Corp. (NYSE:GME – Free Report) by 10.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,658 shares of the company’s stock after purchasing an additional 650 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in GameStop were worth $209,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the company. Scratch Capital LLC acquired a new position in GameStop during the fourth quarter valued at approximately $715,000. SBI Securities Co. Ltd. bought a new position in GameStop in the fourth quarter valued at approximately $99,000. Mutual of America Capital Management LLC lifted its stake in GameStop by 2.4% in the fourth quarter. Mutual of America Capital Management LLC now owns 214,637 shares of the company’s stock valued at $6,727,000 after buying an additional 5,021 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its stake in GameStop by 5.3% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 82,718 shares of the company’s stock valued at $2,592,000 after buying an additional 4,156 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. bought a new position in GameStop in the fourth quarter valued at approximately $272,000. Institutional investors and hedge funds own 29.21% of the company’s stock.
GameStop Stock Performance
Shares of GME opened at $23.08 on Friday. GameStop Corp. has a twelve month low of $9.95 and a twelve month high of $64.83. The firm’s 50 day moving average price is $26.65 and its two-hundred day moving average price is $25.56. The firm has a market cap of $10.31 billion, a P/E ratio of 128.20 and a beta of -0.29.
Insider Transactions at GameStop
Analysts Set New Price Targets
Separately, Wedbush reaffirmed an “underperform” rating and issued a $10.00 price target on shares of GameStop in a research note on Friday, December 6th.
Get Our Latest Stock Report on GameStop
GameStop Company Profile
GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads.
Further Reading
- Five stocks we like better than GameStop
- What Are Dividend Contenders? Investing in Dividend Contenders
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- 3 Warren Buffett Stocks to Buy Now
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Canada Bond Market Holiday: How to Invest and Trade
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Want to see what other hedge funds are holding GME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GameStop Corp. (NYSE:GME – Free Report).
Receive News & Ratings for GameStop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GameStop and related companies with MarketBeat.com's FREE daily email newsletter.