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GME Insider Buys Signal Strong Confidence in Gamestop at these price levels
GME Insider Buys Signal Strong Confidence in Gamestop. Between April 3rd and April 10, 2025 three insiders on the Board of Directors of Gamestop (NYSE:GME) disclosed via Form 4 filings significant insider purchases of Gamestop stock. Ryan Cohen added 500k shares at $21.55, bringing his total position size to 37.3M shares, Larry Cheng added 10,000 shares at $21.54 bringing his total position size to 83,000 shares, and Director Alan Attal added 10,000 shares at $25.75 brining his total position size to just over 572,000 shares. Just as Insider Sells can be a yellow flag, Insider Buys can often be viewed as a vote of confidence, and investors should carefully weigh either type of filing in analyzing their own due diligence and trading plans. Still TBD, news on whether Gamestop has purchased Bitcoin yet, or what plans they have with the cash on hand to boost EPS and bring GME Fair Value calculation from down well below it's current level up to perhaps closer to the current share price. Keeping fingers crossed! #TonyDenaro #GME #InsiderBuys
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DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. These are Tony's opinions, not specific investment or legal advice for you. Always do your own due diligence, read company filings and financial statements and seek a duly licensed professional for investment, tax or legal advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material.
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