GameStop: The Ascendant Behemoth - Unleashing Fear in the Hearts of Wall Street Short Sellers
GameStop boasts an impressive insider ownership figure of 15.54%, surpassing that of 490 S&P 500 companies and 99 Nasdaq 100 companies. Notably, this statistic dwarfs in comparison to the significant action taken by individual investors, As per GameStop's 10-K Form, approximately 76 million shares are registered directly with the transfer agent.
Moreover, the company's annual report reveals that out of the 76 million registered shares, around 197,000 are owned by record holders. This indicates that each individual investor owns 385 shares.
Remarkably, this means that through Computershare, individual investors possess 25% of all GameStop shares.
Maybe it's the gamer in me. But whenever I see behemoth, I think of the big purple mob from FF that destroys everything with comet or meteor... So, yeah, not far off lol