GameStop Corp. (GME) Insider Sells Over 3,000 Shares

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GameStop Corp. (NYSE:GME) saw an insider lower his position in the company today. The Director Lawrence S. Zilavy disposed of 3,500 shares of common stock at prices ranging from $40.75 to $41.13 per share. Following the completion of this transaction, Zilavy holds a total of 25,340 shares directly. A $4.66 billion market cap company, GameStop Corp. (GME)is a multichannel video game retailer. It sells new and used video game hardware, physical and digital video game software, accessories, as well as personal computer (PC) entertainment software and other merchandise. It operates in four segments: United States, Canada, Australia and Europe.
In addition, among the institutional investors involved in the company is Aqr Capital Management, the fund run by billionaire Cliff Asness. After reporting an 11% decrease in its holdings over the course of the last quarter, the fund now holds about 3.35 million shares worth approximately $135.8 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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