Trilogy Capital Inc. purchased a new stake in GameStop Corp. (NYSE:GME) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 11,772 shares of the company’s stock, valued at approximately $211,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. State of Alaska Department of Revenue acquired a new stake in GameStop in the 4th quarter worth approximately $104,000. Macquarie Group Ltd. acquired a new stake in GameStop in the 3rd quarter worth approximately $112,000. SeaCrest Wealth Management LLC acquired a new stake in GameStop in the 4th quarter worth approximately $140,000. Kovack Advisors Inc. acquired a new stake in GameStop in the 4th quarter worth approximately $181,000. Finally, Unison Advisors LLC acquired a new stake in GameStop in the 4th quarter worth approximately $198,000.

GameStop Corp. (NYSE:GME) opened at $15.80 on Tuesday. GameStop Corp. has a 1-year low of $15.10 and a 1-year high of $26.68. The company has a market capitalization of $1,638.09, a P/E ratio of 4.61, a PEG ratio of 0.32 and a beta of 1.25. The company has a current ratio of 1.20, a quick ratio of 0.38 and a debt-to-equity ratio of 0.35.

GameStop (NYSE:GME) last issued its quarterly earnings results on Tuesday, November 21st. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.11. GameStop had a return on equity of 16.50% and a net margin of 3.98%. The company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same period in the previous year, the company earned $0.49 earnings per share. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. equities research analysts anticipate that GameStop Corp. will post 3.23 EPS for the current year.

GME has been the subject of several analyst reports. Oppenheimer restated a “hold” rating on shares of GameStop in a report on Wednesday, November 22nd. Loop Capital restated a “buy” rating and issued a $28.00 target price on shares of GameStop in a report on Wednesday, November 22nd. Benchmark restated a “sell” rating and issued a $15.00 target price (down from $18.00) on shares of GameStop in a report on Wednesday, November 22nd. ValuEngine upgraded GameStop from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, Bank of America reiterated a “hold” rating and set a $23.00 price target on shares of GameStop in a report on Wednesday, November 22nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $22.23.

In other news, Director Stephanie M. Shern sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $17.91, for a total transaction of $71,640.00. Following the completion of the transaction, the director now directly owns 13,474 shares in the company, valued at $241,319.34. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 2.80% of the stock is owned by insiders.

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GameStop Company Profile

GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. It operates its business in five segments, which consists of four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment.

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Institutional Ownership by Quarter for GameStop (NYSE:GME)

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