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GAMESTOP ($GME) is set to release its quarterly earnings data on Monday, June 9th, after market close, with analysts anticipating revenue of $761,777,350 and earnings of $0.04 per share, according to Finnhub.
Insider Trading Activity
In the past six months, GAMESTOP insiders have traded $GME stock seven times, with three purchases and four sales. Notable transactions include Ryan Cohen (CEO) purchasing 500,000 shares for approximately $10,775,000, and Lawrence Cheng buying 5,000 shares valued at $107,700.
Hedge Fund Activity
In the most recent quarter, 184 institutional investors increased their GAMESTOP holdings. Notable changes include Susquehanna International Group adding 3,620,942 shares (+115.9%) and Alyeska Investment Group increasing their holdings by 2,376,051 shares (+895.4%). In contrast, Jane Street Group and Slate Path Capital removed 2,183,103 and 1,926,000 shares, respectively.
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