Nat Turner, Director at GameStop Corp. (GME), bought 10,462 shares at $24.33 ($255K) on 2026-10-01, disclosed to the SEC on 2026-10-01.
Director Nat Turner purchased $254,540 worth of shares at $24.33, marking the largest insider purchase in the company's history, which may signal confidence in the stock's current valuation. The trade occurred during a period of significant volatility, with the stock up 28.23% over the last 30 days despite a 3.68% decline in the past five days.
The stock is currently trading at $24.10, down 3.68% over the last 5 days and 12.96% over the past year, but remains 35.43% above its 52-week low of $17.80 and is currently 14.23% below its 52-week high of $28.10.
Insider momentum: This is the largest insider purchase ever recorded for the company, signaling strong conviction from leadership. Sector rotation: The stock is a high-beta consumer cyclical play, often reacting to retail sentiment shifts.
High volatility: The stock has a beta of 1.714, meaning it is significantly more volatile than the market. Short interest: With a short interest of 8.4% of the float, there is substantial potential for short covering rallies or continued bearish pressure.
Nothing distinguishes this filing.