GameStopGME
Market Cap: $10.2B
About: GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites. The majority of sales are from the United States.
Employees: 8,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
116% more capital invested
Capital invested by funds: $1.11B [Q1] → $2.39B (+$1.29B) [Q2]
113% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 32
15% more funds holding
Funds holding: 244 [Q1] → 280 (+36) [Q2]
10% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 79
9% less call options, than puts
Call options by funds: $567M | Put options by funds: $620M
1.25% less ownership
Funds ownership: 28.87% [Q1] → 27.62% (-1.25%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wedbush Michael Pachter 47% 1-year accuracy 28 / 60 met price target | 54%downside $11 | Underperform Maintained | 12 Jun 2024 |
Financial journalist opinion
Based on 22 articles about GME published over the past 30 days