Box Hill Private Wealth LLC Makes New $838,000 Investment in GameStop Corp. $GME

Box Hill Private Wealth LLC purchased a new position in shares of GameStop Corp. (NYSE:GME) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 37,969 shares of the company’s stock, valued at approximately $838,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of GameStop by 308.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 969 shares of the company’s stock valued at $26,000 after purchasing an additional 732 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in GameStop by 226.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,277 shares of the company’s stock valued at $31,000 after purchasing an additional 886 shares during the last quarter. Advisory Services Network LLC acquired a new position in GameStop in the 3rd quarter valued at about $39,000. Los Angeles Capital Management LLC purchased a new stake in shares of GameStop in the 4th quarter valued at approximately $39,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of GameStop by 805.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,264 shares of the company’s stock worth $45,000 after buying an additional 2,014 shares during the last quarter. Institutional investors and hedge funds own 29.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on GME shares. Wall Street Zen upgraded GameStop from a “hold” rating to a “buy” rating in a report on Sunday, June 14th. Weiss Ratings restated a “hold (c)” rating on shares of GameStop in a research report on Wednesday, July 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, GameStop has a consensus rating of “Hold”.

Insider Buying and Selling at GameStop

In related news, General Counsel Mark Haymond Robinson sold 7,083 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $22.38, for a total transaction of $158,517.54. Following the completion of the transaction, the general counsel directly owned 108,147 shares in the company, valued at $2,420,329.86. This trade represents a 6.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel William Moore sold 7,085 shares of GameStop stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $22.38, for a total value of $158,562.30. Following the completion of the transaction, the insider directly owned 115,125 shares of the company’s stock, valued at approximately $2,576,497.50. This represents a 5.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 18,125 shares of company stock valued at $406,587. Company insiders own 9.50% of the company’s stock.

GameStop Price Performance

GameStop stock opened at $19.05 on Tuesday. The company’s 50 day simple moving average is $21.78 and its 200-day simple moving average is $22.92. The company has a market capitalization of $8.55 billion, a price-to-earnings ratio of 14.43 and a beta of 1.79. GameStop Corp. has a 1 year low of $18.55 and a 1 year high of $28.10. The company has a debt-to-equity ratio of 0.71, a quick ratio of 11.91 and a current ratio of 12.40.

GameStop (NYSE:GME) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.14. GameStop had a net margin of 20.45% and a return on equity of 13.75%. The firm had revenue of $835.30 million during the quarter, compared to analysts’ expectations of $766.63 million. During the same quarter last year, the company posted $0.17 EPS. The firm’s quarterly revenue was up 14.0% on a year-over-year basis.

Key GameStop News

Here are the key news stories impacting GameStop this week:

• Positive Sentiment: The exchange would substantially reduce GameStop’s long-term debt without requiring a cash payment, potentially lowering future financial obligations and strengthening the balance sheet. The company is exchanging approximately $400 million of notes due in 2030 and $1 billion due in 2032. GameStop Announces Private Exchange of $1.4 Billion of Convertible Senior Notes for Equity
• Neutral Sentiment: Options activity was unusually high, with traders purchasing 205,389 call options, about 18% above typical call volume. This indicates increased speculative interest but does not guarantee sustained buying support.
• Negative Sentiment: Because noteholders will receive newly issued shares, existing shareholders face dilution. Investors are interpreting the debt-for-equity swap as shifting part of the restructuring cost to current stockholders. GameStop stock slides after $1.4B debt-for-stock swap raises dilution concerns
• Negative Sentiment: GameStop warned that some participating noteholders could hedge their new equity positions by shorting GME, creating additional near-term selling pressure. GameStop Warns Its Own Noteholders Might Short GME Stock
• Negative Sentiment: The stock fell toward its lowest level since August 2024 on exceptionally heavy volume, suggesting broad investor concern over dilution and possible noteholder selling rather than a purely technical move. GameStop stock sinks to lowest level since August 2024

GameStop Company Profile

GameStop Corp. (NYSE:GME) is a global specialty retailer focused on video games, gaming consoles, consumer electronics and related accessories. The company operates a network of physical retail stores alongside an e-commerce platform, offering new and pre-owned products spanning the latest game software, hardware, collectibles and lifestyle merchandise. GameStop’s retail footprint is complemented by digital marketplaces for trade-ins and online purchases, as well as a membership program that provides exclusive content and rewards.

Originally founded in 1984 as Babbage’s in Dallas, Texas, the company adopted the GameStop name in 1999 following its merger with Software Etc.