Sanctuary Advisors Increases Stake in GameStop Amid Investor Activity

LOS ANGELES, March 4, 2025 — Sanctuary Advisors LLC has raised its stake in GameStop Corp. by 8.0% during the fourth quarter, as disclosed in the company’s recent Form 13F filing with the Securities and Exchange Commission (SEC). The investment firm now owns 10,833 shares of GameStop, valued at approximately $340,000 after acquiring an additional 798 shares.

Other institutional investors have also adjusted their holdings in GameStop. Notably, Charles Schwab Investment Management Inc. increased its stake by 22.6% in the third quarter, bringing its total ownership to 3,502,910 shares, valued at about $80.3 million following the purchase of 646,488 shares.

Foundations Investment Advisors LLC made a new investment in GameStop during the fourth quarter, valued at $878,000, while Swiss National Bank boosted its holdings by 46.0%, acquiring an additional 249,100 shares for a total of 790,528 shares now worth approximately $18.1 million. Algert Global LLC also significantly increased its investment by 270.5%, holding 150,526 shares worth about $3.4 million after adding 109,900 shares.

The Retirement Systems of Alabama similarly raised its stake by 41.7%, owning now 471,156 shares valued at $10.8 million after acquiring 138,597 shares in the latest quarter. Overall, hedge funds and other institutional investors control approximately 29.21% of GameStop’s stock.

Insider trading reports reveal that Daniel William Moore sold 895 shares on January 3, realizing approximately $27,807.65 from the transaction at an average price of $31.07 per share. Following this sale, he retains 31,385 shares in GameStop, valued at around $975,131.95, marking a 2.77% decrease in his holdings.

General Counsel Mark Haymond Robinson also sold 1,577 shares on the same date for a total of $48,997.39, also at an average price of $31.07, reducing his ownership by 3.59%. Post-transaction, Robinson owns 42,350 shares valued at approximately $1.3 million. Insiders hold 12.28% of the company’s stock.

In analyst news, Wedbush restated an “underperform” rating for GameStop, setting a price objective of $10.00 on the stock in a note released on December 6. On Tuesday, GameStop shares opened at $24.40, with a 50-day moving average of $28.15 and a 200-day average of $25.50.

The company’s market capitalization stands at $10.90 billion, with a price-to-earnings ratio of 135.56 and a beta of -0.11. GameStop has seen a low of $9.95 and a high of $64.83 in the past year. The last quarterly earnings report, issued on December 10, revealed earnings per share of $0.06, exceeding analysts’ expectations of a loss of $0.03.

Revenue for the quarter was approximately $860.3 million, down 20.2% year-over-year, falling short of the consensus estimate of $887.68 million. Analysts project that GameStop will post earnings of $0.08 per share for the current year.

GameStop Corp. is a specialty retailer of gaming and entertainment products, operating through its physical stores and e-commerce platforms across the United States, Canada, Australia, and Europe. It offers a range of services, including new and pre-owned gaming platforms, accessories, software, and digital game content.