20 Stocks Insiders Bought in April After Trump’s Tariff Rollout

3. GameStop Corp. (NYSE:GME)

GameStop is a specialty retailer that sells gaming products, accessories, collectibles, and digital content through stores and e-commerce platforms in multiple countries. The Grapevine, Texas-headquartered company operates under the GameStop, EB Games, Micromania, and Zing Pop Culture brands.

In April, two insiders, including the president and CEO, purchased a total of $10.88 million worth of GameStop shares at an average price of $21.55 per share. Currently, the stock trades at $24.29 per share, having declined 22.50% year-to-date. However, over the past 12 months, GameStop returned 124.28% to its investors.

For fiscal year 2024, GameStop disclosed net sales of $3.823 billion, compared to $5.273 billion for fiscal year 2023. SG&A expenses were $1.130 billion, which compares to $1.324 billion for the prior year. Net income amounted to $131.3 million, versus a net income of $6.7 million in fiscal year 2023. Adjusted EBITDA was $36.1 million for fiscal year 2024, compared to adjusted EBITDA of $64.7 million in the prior year.

According to MarketBeat, one analyst rates GameStop stock as “Sell” with a price target of $11.50 per share. The price target indicates a 52.51% downside from the latest price.