GameStopGME
Market Cap: 10.3B
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 Q1 SEC filings by fund managers ($100M+ AUM)
0.64% less ownership
Funds ownership: 29.16% [Q4 2023] → 28.51% (-0.64%) [Q1 2024]
7% less funds holding
Funds holding: 258 [Q4 2023] → 239 (-19) [Q1 2024]
17% less call options, than puts
Call options by funds: $115M | Put options by funds: $137M
23% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 79
30% less capital invested
Capital invested by funds: $1.56B [Q4 2023] → $1.1B (-$465M) [Q1 2024]
41% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 46
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
Wedbush Michael Pachter | 54%downside $11 | Underperform Maintained | 12 Jun 2024 |
Wedbush Michael Pachter | 71%downside $7 | Underperform Maintained | 17 May 2024 |
Wedbush Michael Pachter | 77%downside $5.6 | Underperform Maintained | 27 Mar 2024 |
Financial journalist opinion
Based on 55 articles about GME published over the past 30 days