Competitors of GameStop and Company Itself Locker Insiders Bought Up Stock

Sep 19, 2023

Competitors of GameStop and Company Itself Locker Insiders Bought Up Stock.

Shares of GameStop (GME) and competitors of GameStop, Foot Locker (FL), Five Below (FIVE), and Dick’s Sporting Goods (DKS) are down 1.3%, 52%, 10%, and 6.1% so far this year, respectively. This contrasts with a usually rising stock market: The S&P 500 index is up 16%.

Alan Attal and Larry Cheng, two GameStop directors, purchased the company’s shares on the open market.

On September 8, Attal paid $266,700 for 15,000 GameStop shares, averaging $17.78 per share. According to a filing he filed with the Securities and Exchange Commission, he currently owns 562,464 GameStop shares.

Shares of GameStop (GME) and competitors of GameStop Foot Locker (FL), Five Below (FIVE), and Dick’s Sporting Goods (DKS) are down 1.3%, 52%, 10%, and 6.1% so far this year, respectively. This contrasts with a usually rising stock market: The S&P 500 index is up 16%.

Alan Attal and Larry Cheng, two GameStop directors, purchased the company’s shares on the open market.

On September 8, Attal paid $266,700 for 15,000 GameStop shares, averaging $17.78 per share. According to a filing he filed with the Securities and Exchange Commission, he currently owns 562,464 GameStop shares.

GameStop stock has yet to recover from an early June drop after the firm fired CEO Matt Furlong and cancelled an earnings teleconference.

Foot Locker stock has suffered this year as a result of decreased expectations and the suspension of its dividend.

Foot Locker CEO Mary Dillon paid $100,100 for 5,510 shares on September 8 at an average price of $18.17 per share. She bought the stock through a trust, which currently holds 27,649 Foot Locker shares. Dillon also has 115,388 shares in his own account.

Foot Locker did not reply to a request for Dillon to comment. She last bought Foot Locker stock on the open market in May, when Dillon’s trust paid $250,000 for 9,525 shares at an average price of $26.20 per share.

In reaction to competitors of GameStop declining shares, another key executive stepped up.

Five Below President and CEO Joel Anderson paid $500,650 for 3,100 shares on September 8 at an average price of $161.50. At the end of August, the retailer announced a dismal quarter and cut its expectations.

Five Below did not reply to a request for comment from Anderson. Anderson last bought Five Below stock on the open market in December 2015 for $151,100 for 5,000 shares at an average price of $30.22 per share.

In August, Dick’s failed quarterly profit projections for the first time in years, sending the stock plummeting. On September 7, Vice Chairman William J. Colombo paid $242,000 for 2,200 Dick’s shares, or $110 a share. He bought them through a trust, which currently holds 170,192 shares. Colombo also has 2,000 shares in a personal account.

Dick’s did not reply to a request for comment from Colombo. He last acquired Dick’s stock on the open market in May 2022, when he paid $405,000 for 5,000 shares, an average price of $80.99.

Subscribe Our Newsletter

Tesla is Outpacing Competitors in Europe. Pricing Cuts Are Paying Off.

Milena

Tesla is Outpacing Competitors in Europe. Pricing Cuts Are Paying Off.

The electric car manufacturer's yearly rise in EU registrations of roughly 50% outpaced that of its industry rivals, such as VW.

Companies
9 Growth Stocks That Can Thrive in a Labor Shortage
9 Growth Stocks That Can Thrive in a Labor Shortage

Last year, a basket of equally-weighted 100 businesses that ranked highest on Just Capital's employee-related concerns beat the Russell 1000 by 2.68 percent.

Stocks
Get the ultimate solution: B2BinPay Get the ultimate solution: B2BinPay
Sponsored
Constantine

What is Slippage in Trading? – Definition
Opening a deal on the financial market is accompanied by some kind of magic, don't you agree? At least, that's what many beginning traders think. Sometimes they "for some reason" start each deal with a small minus (it's a spread), then the position is not always clearly opened at the price they requested.

discover
A Guide to Mastering BscScan

Levan

Why You Should Adopt BSscan in Your Crypto Operations

Binance developed BscScan to simplify navigating their BSC ecosystem. Here’s what you can do with this comprehensive blockchain explorer.

Crypto Exchange Business
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Constantine

    How to Start a Liquidity Provider Business?

    How to Start a Liquidity Provider Business

    Constantine

    How to Start a White Label Brokerage?

    How to start a white label brokerage

    Constantine

    How to Start a Multi-Asset Brokerage?

    How to Start a Multi-Asset Brokerage

    Hazem

    Crypto Ransomware – How They Happen and How to Avoid Them

    Crypto ransomware explained

    Constantine

    Best Web3 Browsers in 2025

    Best Web3 Browsers

    Constantine

    Best DAO Projects in 2025

    Best DAO projects in 2025

    Alexander

    Crypto Nodes That Pay: Your 2025 Guide to Top Passive Income Opportunities in Crypto

    crypto nodes that pay

    Alex

    Pi Network: Scam or Groundbreaking Crypto? The Full Analysis

    Pi Network Explained

    Constantine

    Triple Net Lease: Meaning, Benefits, and Strategies Explained

    Triple Net Lease

    Constantine

    Hanging Man Pattern: How to Identify and Trade It Effectively

    Hanging Man Pattern

    Alex

    5 Infinite Banking Mistakes That Could Cost You Thousands

    Infinite Banking Mistakes to Avoid

    Aleksander

    Solana Firedancer: Solving Solana’s Biggest Problems with a New Engine

    Solana Firedancer explained

    Alexander

    What Is an Interest Coverage Ratio? How to Use This Financial Metric to Evaluate Company Health

    Interest Coverage Ratio Explained

    Hazem

    After-Hours Trading: Can You Trade After Financial Markets Close?

    After-Hours Trading Explained

    Alexander

    How to Scale a Crypto Exchange Business and Stay Competitive

    how to scale crypto exchange business

    Constantine

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Alexander

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Hazem

    Megaphone Pattern​: What Is It? How to Use It In Trading

    Megaphone Pattern​: How to Read & Trade with It

    Constantine

    Top 5 Liquidity Bridge Providers in DeFi

    Top 5 Liquidity Bridge Providers in DeFi

    Hazem

    Max Funded IUL Explained: Is It a Legitimate Financial Strategy?

    Understanding Max Funded IUL

    Alexander

    Tax Refund Timeline: When Will You Get Your Tax Return?

    how long does it take for tax refund

    Constantine

    Crypto Liquidity — What is it, and How to Measure It?

    What is Crypto Liquidity and How to Measure It?

    Constantine

    AI in Finance: A Game-Changing Trend Shaping the Industry

    AI in Finance

    Hazem

    5 Ways to Make Money with ChatGPT and Build Your Wealth

    Make Money with ChatGPT
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.