r/GME

Nat Turner, GameStop director and the actual CEO of Collectors (the parent company of PSA), dropped $254k on 10,462 shares at $24.33.

This is his first open-market buy since joining the board in late 2024. This in my opinion is one of the most bullish things that has happened in many years for this stock.

The same Nat Turner whose entire business is authenticating and grading the trading cards that GameStop is now pushing hard with PSA Power Packs, in-store submission services, and graded Pokémon/sports cards.

The guy whose company is deeply intertwined with GameStop’s collectibles expansion just put real skin in the game. Not options. Not RSUs. Cold hard cash, open market, at these levels.

We’ve already seen Cohen loading up repeatedly. Other directors buying. And now the PSA guy himself is in.

I wonder if he knows something behind the scenes? Probably. Why wait until now. Why buy at a premium relative to the two year when he was already on the board. Something must've finally clicked for him.

This isn’t some random board member checking a box. This is the operator whose product is literally sitting on GameStop shelves and in their online inventory saying “yeah, I’m buying the stock.”

Let's go NAT!

GameStop (NYSE: GME) shares have climbed 35% over the past month, reaching $25.63, while the broader video game sector posted only modest gains by comparison.

Securities and Exchange Commission Form 4 filings confirmed that every insider transaction recorded at GameStop during the period was an open-market purchase, with no sales reported at all.

Barron's is a heavy hitter. So good news for GME.

When the big, traditional financial news carriers pick up on GME it must be helpful.

I don't have a subscription. Does anyone want to post the test of the article?

Published Oct 05, 2026, 09:28 AM ET

Investing.com -- GameStop stock rose 1.1% in pre-open trading today, extending a run of insider-buying momentum after CEO Ryan Cohen disclosed the purchase of 700,000 Class A shares at an average price of $24.41 each on October 2

— a transaction totaling roughly $17 million
— in a regulatory filing that drew fresh attention to the stock heading into the new week.

The purchase brought Cohen’s direct stake to approximately 41.6 million shares, reinforcing his long-standing posture as the company’s most prominent bull.

The insider activity extends well beyond Cohen alone. Director Nat Turner added more than 10,000 shares at around $24.33 each in early October, while director Lawrence Cheng purchased 55,000 shares worth approximately $1 million last month.

This wave of insider accumulation follows GameStop’s stronger-than-expected fiscal second-quarter results, which showed record Q2 operating income of $160.2 million and a 77% jump in net income, alongside a raised full-year EBITDA outlook — results that have collectively reframed the investment narrative around the retailer.

The broader market backdrop is providing a modestly supportive, if not decisive, tailwind. U.S. equity futures are broadly flat this morning, with the S&P 500 edging up just 0.01% and the Nasdaq slipping 0.1%, as investors digest last Friday’s sharply weaker-than-expected September jobs report — which showed payrolls rising by only 29,000 — that significantly reduced expectations for another Federal Reserve rate hike.

Attention this week is squarely on Wednesday’s release of the Fed’s September meeting minutes for further guidance on the rate path.

Taken together, the sustained pattern of high-profile insider buying, a record-setting profitability quarter, and a macro environment where rate-hike fears have receded have combined to keep GameStop shares elevated in pre-market trading today, with the stock trading near the upper end of its recent range and approaching its 52-week high of $26.88.

[TL/DR: bullish, buy, hodl, DRS, book, not financial advice of course]